Sri Lankan economy has 'completely collapsed', leader says

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Sri Lankan economy has 'completely collapsed', leader says
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Sri Lanka's Prime Minister Ranil Wickremesinghe has said the country's economy has 'collapsed', leaving it unable to pay for essentials such as oil imports

Sri Lankan Prime Minister Ranil Wickremesinghe

This brought veteran Mr Wickremesinghe to the role for a sixth time, in a move that opposition politicians said was aimed at protecting President Gotabaya Rajapaksa and his family from protesters' anger.

"Parallel to this, we have also started talks on a debt restructuring framework, which we hope will be completed in July."

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