Sri Lanka President Sees Long Road to Securing Economic Stability

Sri Lanka President Sees Long Road to Securing Economic Stability
People waited Saturday at a crowded station in Colombo, Sri Lanka, where fuel shortages prompted by a soaring economic has limited public transportation.Photo: KIM KYUNG-HOON/REUTERS

COLOMBO, Sri Lanka—Sri Lanka’s new president said the country has experienced the worst of its economic crisis and that restoring political stability will allow it to begin turning a corner, starting with finalizing negotiations for an International Monetary Fund bailout that had stalled due to recent turmoil.

“I think we’ve already hit the bottom,” Ranil Wickremesinghe said in an interview Sunday with The Wall Street Journal. “I can see the light at the end of the tunnel; it’s how fast we can get to it.”

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