The country is bankrupt! Japan stops 12 projects in Sri Lanka!

Nimal Siripala de Silva, Minister of Ports, Shipping, and Aviation, has announced that 12 projects supported by Japan’s JICA have been temporarily halted.

In Parliament, he revealed this.

The JICA organisation, in particular, came to meet with me. We met and exchanged letters. He stated, Japan, our country is now bankrupt and we are unable to pay our debts, so until the IMF arrives and creates a road map for this, it is not only this Taisei project, but 12 projects supported by Japan and JICA. that it has been halted Suspended is not the same as cancelled.

It has been put on hold for the time being. According to the IMF organization’s measures for restructuring this debt with us, they will give us that money back.

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