Former Deputy Governor of the Central Bank, W.A. Wijewardene states. He said that compared to the import requirements of the next year, it would be only two and a half weeks.
He also pointed out that Sri Lanka’s import requirement for next year will be around the US $ 23 billion.
He said this was the worst fall in foreign assets in history and that the government should immediately analyze the situation in the country and decide what to do next.
He also points out that the country will face a very difficult situation if it does not receive large amounts of foreign exchange within this month.
He said it was too late to go to the International Monetary Fund due to the current situation in the country, adding that the government would have to seek around $ 500 million in foreign exchange from a country like China and the United States.