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Sri Lanka prime minister: economy 'has collapsed' - Nikkei Asia

Nikkei Asia LogoNikkei Asia1 mo ago

Sri Lanka prime minister: economy 'has collapsed' - Nikkei Asia

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His comments appeared intended to emphasize to critics and opposition lawmakers that he has inherited a difficult task that cannot be fixed quickly.

Wickremesinghe took office after days of violent protests over the country's economic crisis forced his predecessor to step down.

The crisis has started to hurt Sri Lanka's middle class, which is estimated to be 15% to 20% of the country's urban population.


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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Topics: Fuel Lawmakers Been Situation Million Country Debt Minister Economy Lanka Wickremesinghe

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 00:20:00

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Reading Time: 6 minutes read

Article Length: 903 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 4596

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About Nikkei Asia

Nikkei Asia Logo

Main Topics: InvestingFinanceAsia

Official Website: asia.nikkei.com

Update Frequency: 31 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 13h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #19

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