Sri Lankan PM says he will slash expenditure in new budget

Sri Lankan PM says he will slash expenditure in new budget

Sri Lanka’s new Prime Minister Ranil Wickremesinghe said on May 25 that he will present an interim budget within six weeks, slashing infrastructure projects to re-route funds into a two-year relief programme for the crisis-hit island nation. Mr. Wickremesinghe, who took office two weeks ago, warned that inflation would rise as the government gets down […]

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