President Anura Kumara Dissanayake highlighted that due to the mismanagement of public finances by previous administrations, the country had fallen into bankruptcy and is currently operating under a probationary period of the International Monetary Fund (IMF) program.
Given this situation, he emphasized that the Budget 2025 has taken the initial steps towards building a strong and stable economy.
The President made these remarks while participating in the Post-Budget forum 2025 organized by the University of Colombo Master of Business Administration (MBA) Alumni Association held today (19) at Cinnamon Life Hotel in Colombo, according to the President’s Media Division (PMD).