Bandula Gunawardena Nandalal Weerasinghe Sri Lanka Government crisis reports Bandula Gunawardena Nandalal Weerasinghe Sri Lanka

Loans on top of loans, and White Elephant projects – Sri Lanka’s fall

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COLOMBO (News 1st) – Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe, and the Finance Secretary have both echoed that the process to stabilize the economy is going to be a painful process.However, the Minister of Mass Media, Dr.

Bandula Gunawardena, pointed out that the economic growth of the country is expected to be negative seven or eight by the end of the year.

He stated that Sri Lanka has never had a negative economic growth post-independence, and now, the country has neither rupees nor dollars in its reserves."We do not have any expert with the required intellect and skills to solve the crisis that has been brewing for 62 years.

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