[ad_1]
Colombo: Sri Lankan President Ranil Wickremesinghe Officials here said Sunday that he is on a two-day visit to India on July 21, during which he is expected to meet Prime Minister Narendra Modi.
It will be Wickremesinghe’s first visit to India since he was appointed president of the cash-strapped nation last year after Gotabaya Rajapaksa was ousted in a popular uprising in July. Wickremesinghe has been appointed President for the remainder of Rajapaksa until September 2024.
Indian Foreign Minister Vinay Mohan Quatra will arrive in Sri Lanka early next week to make arrangements for Wickremesinghe’s visit to New Delhi, reports The Daily. Mirror The newspaper reported on Saturday.
According to the officials, Wickremesinghe is expected to meet Prime Minister Modi during his two-day visit to India.
Officials said Wickremesinghe will finish several Indian projects related to power, energy, agriculture and maritime issues in the island nation before leaving for New Delhi.
The newspaper said in its report that Minister of Fisheries Douglas Devananda, Minister of Power and Energy Kanchana Wijeskera, Foreign Minister Ali Sabri and Chief of Staff of President Sagala Ratnayake will accompany President Wickremesinghe to India.
President Wickremesinghe’s proposed visit to India will take place as the bankrupt Sri Lankan economy is showing “temporary signs of improvement”.
“Sri Lanka’s economy is showing initial signs of improvement, due in part to the implementation of decisive policy measures. But economic recovery remains a challenge. Now, more than ever, it is necessary to continue the reform momentum under a strong monarchy by both the authorities and the Sri Lankan people “. .
Wickremesinghe introduced painful economic reforms to revive the country’s economy.
The country, which declared its first-ever credit deficit in mid-April last year, received a bailout plan from the International Monetary Fund worth $2.9 billion in March this year, spanning more than 4 years subject to ongoing reforms.
It will be Wickremesinghe’s first visit to India since he was appointed president of the cash-strapped nation last year after Gotabaya Rajapaksa was ousted in a popular uprising in July. Wickremesinghe has been appointed President for the remainder of Rajapaksa until September 2024.
Indian Foreign Minister Vinay Mohan Quatra will arrive in Sri Lanka early next week to make arrangements for Wickremesinghe’s visit to New Delhi, reports The Daily. Mirror The newspaper reported on Saturday.
According to the officials, Wickremesinghe is expected to meet Prime Minister Modi during his two-day visit to India.
Officials said Wickremesinghe will finish several Indian projects related to power, energy, agriculture and maritime issues in the island nation before leaving for New Delhi.
The newspaper said in its report that Minister of Fisheries Douglas Devananda, Minister of Power and Energy Kanchana Wijeskera, Foreign Minister Ali Sabri and Chief of Staff of President Sagala Ratnayake will accompany President Wickremesinghe to India.
President Wickremesinghe’s proposed visit to India will take place as the bankrupt Sri Lankan economy is showing “temporary signs of improvement”.
“Sri Lanka’s economy is showing initial signs of improvement, due in part to the implementation of decisive policy measures. But economic recovery remains a challenge. Now, more than ever, it is necessary to continue the reform momentum under a strong monarchy by both the authorities and the Sri Lankan people “. .
Wickremesinghe introduced painful economic reforms to revive the country’s economy.
The country, which declared its first-ever credit deficit in mid-April last year, received a bailout plan from the International Monetary Fund worth $2.9 billion in March this year, spanning more than 4 years subject to ongoing reforms.
[ad_2]
