INSUBCONTINENT EXCLUSIVE:
President Ranil Wickremesinghe says skyrocketing prices of food, fuel and fertilizers are consequences of supply chain shocks created by the
war in Ukraine, stuttering growth of the middle class.He also noted that the creditor and debtor nations must work collectively to promptly
address this situation.The Head of State made these remarks presiding over the 55th Annual Meeting of the Asian Development Bank (ADB)
stakeholders will support restore debt sustainability and help put the country back on the path of inclusive and sustainable economic
growth.President Wickremesinghe arrived in the Philippines after concluding his official two-day state visit to Japan yesterday.While in the
Philippines, he is set to meet and hold talks with the President of the Asian Development Bank (ADB) Masatsugu Asakawa.President
Wickremesinghe also engaged in bilateral talks with Filipino President Ferdinand Romualdez Marcos Jr
at the Malacanang Palace in Manila this morning.He told his counterpart that the long-standing friendship between Sri Lanka and the
Philippines would be promoted by developing Asian regional cooperation.During this discussion, greater emphasis was placed on further
strengthening the longstanding bilateral relations between Sri Lanka and the Philippines through new approaches.
This article first appeared/also appeared in https://adaderana.lk
