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President @RW_UNP at @advocatalk’s #reformnow conference says the first task is to stabilise Sri Lanka economy
President @RW_UNP at @advocatalk’s #reformnow conference says Sri Lanka economy has finally become a ‘hodhdha’ or gravy.
President @RW_UNP at @advocatalk’s #reformnow conference says whether we like it or not Sri Lanka will have to go with the @IMFNews
🇱🇰has entered the deepest crisis in its history. The shortages and rising prices we face today are only the first inkling of what lies ahead. Unless the right steps are taken things can go into a destructive tailspin.
Here is a 🧵 about where we are and what we need to do:
Here is a 🧵 about where we are and what we need to do:
The new @CBSL governor has taken only the first step on the path to stabilization, yet more needs to be done. An IMF programme together with concrete steps towards repairing public finances will start to restore some confidence and pave the way for some "bridging finance"
Bridging finance will relieve some of the shortages that are choking the economy. Returning to stability and growth will only come slowly if the structural issues within the economy are addressed.
