Sri Lanka president sees long road to securing economic stability

Sri Lanka’s new president Ranil Wickremesinghe (Photo: AP) — Sri Lanka’s new president Ranil Wickremesinghe **(Photo: AP)**

4 min read . Updated: 01 Aug 2022, 07:03 PM IST Philip Wen, The Wall Street Journal

Ranil Wickremesinghe says it will be months before Sri Lankans begin to see their economic circumstances improve markedly

COLOMBO (SRI LANKA) : Sri Lanka’s new president said the country has experienced the worst of its economic crisis and that restoring political stability will allow it to begin turning a corner, starting with finalizing negotiations for an International Monetary Fund bailout that had stalled due to recent turmoil.