President Ranil Wickremesinghe stressed that the enhancement of the rural economy pivots on agricultural advancement. He highlighted the pivotal role of dedicated government officials at the grassroots level in ensuring the success of various government initiatives aimed at rural development, notably the agricultural modernization program.

Minister of Foreign Affairs, Ali Sabry, announced the government’s expectation to finalize the foreign debt restructuring process by June. If successful, this endeavour could lead to a reduction of approximately US $17 billion of Sri Lanka’s debt burden.

Decisions taken by the Cabinet of Ministers on 06.05.2024