In a determined push to address Sri Lanka’s debt crisis and foster reconciliation, President Ranil Wickremesinghe outlined his plans to finalize the debt restructuring process by September.
Participating in the 40th anniversary event of the International Democrat Union (IDU) in London, Wickremesinghe expressed his aims to develop a comprehensive strategy for resolving the nation’s financial burdens in close collaboration with the Parliament.
The event took place on 19 and 20 June, with Wickremesinghe being joined by former Canadian Prime Minister (Conservative Party) Chairman of the IDU, Stephen Harper.
While debt restructuring remains a key priority, President Wickremesinghe noted that his primary focus lies in completing vital structural reforms, aiming to accelerate economic liberalization and attract increased investments, which are intended to bolster Sri Lanka’s financial prospects and drive a more favourable balance of trade in the long term.
Amidst questions regarding the duration of the process, Wickremesinghe expressed confidence that substantial headway will be achieved by 2024.
Furthermore, he said that efforts have been made to address land-related concerns in the North and East regions, with progress being made on settling these disputes. The Missing Persons Office has taken steps towards utilization and has yielded potential solutions, which have been shared with Tamil parties.