500,000 jobless in Lanka

500,000 jobless in Lanka

500,000 jobless in Lanka

Sri Lanka’s former Prime Minister Ranil Wickremesinghe on Monday said that as many as 500,000 people could be left unemployed in the country due to the COVID-19 economic crisis, urging the government to come up with a credible stimulus package to help the island nation’s economy ravaged by the pandemic.

Criticizing the government’s decision to impose a blanket ban on imports to stabilise the country’s economy, he said that Sri Lanka is facing a negative economic growth and the government needs to allow the market to operate in order to increase the revenue. “The increase in unemployment will affect all sections of society,” he said. He urged the government to present to the country a credible economic package.

Ranjini Trinitymirror

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