Sri Lanka's new president Ranil Wickremesinghe has written to all lawmakers asking them to join a unity government. Photo: Arun SANKAR / AFP/FileSource: AFPSri Lanka's new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity government to revive the bankrupt economy by undertaking painful reforms, his office said Sunday. In April, Sri Lanka defaulted on its $51 billion foreign debt and opened bailout talks with the International Monetary Fund. "I am working to re-stabilise this economy and build the economy in such a way that the country can be developed by 2023, 2024. After his election as president, Wickremesinghe, while ordering security forces to clear protest sites, has appointed an interim cabinet leaving the door open for others to join.

Source: Daily Nation July 31, 2022 06:36 UTC