‘Crisis is not a crisis’ claims Sri Lanka’s finance minister
Sri Lanka’s finance minister has claimed the fall in the rupee to record lows this month is "not as catastrophic as people make it out to be," as the rupee fell to an all time low earlier this week.
"We have been trying to drive Sri Lanka toward an export-oriented economy," said the finance minister, who was attending the International Monetary Fund and World Bank annual meetings in Bali. "And this crisis, in a way, makes people realize the need to do so even more vigorously.”
“I don't consider it a crisis at all," he remarked.





