South Asia and Beyond

It Will Get Worse Before It Gets Better, Says Sri Lanka’s Finance Minister

NEW DELHI: Sri Lanka’s current financial mess is a combination of inheritance, strategic mistakes and circumstances and there are no easy answers to the problem, Sri Lanka’s Finance Minister Ali Sabry told Editor-in-Chief Nitin A. Gokhale in an exclusive interview from Colombo. The beautiful island country has defaulted on its international repayment and is faced with its worst economic situation in its independent history, the minister admits and points out that unless there is national unity, sacrifices and resolve by the entire nation, the situation will not improve. It will in fact worse before it gets better he said during his brutally frank conversation.

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