Home UK News Sri Lanka financial disaster 2022: Can Ranil Wickremesinghe rescue the nation’s economic system?

Sri Lanka financial disaster 2022: Can Ranil Wickremesinghe rescue the nation’s economic system?

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Sri Lanka’s new president Ranil Wickremesinghe can have his work lower out for him to deal with the nation’s collapsed economic system after he was chosen to hold out his self-exiled predecessor Gotabaya Rajapaksa’s full time period.

Mr Wickremesinghe, who was sworn in on Thursday after being chosen by parliamentary lawmakers a day earlier, has a troublesome process forward of him.

His dealing with of the cash-strapped nation’s economic system can be intently watched by international superpowers US and China, the latter of which the Rajapaksa clan has relied on and which some analysts blame for having a hand within the destruction of the economic system.

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