(LANKAPUVATH | COLOMBO) –President Ranil Wickremesinghe says skyrocketing prices of food, fuel and fertilizers are consequences of supply chain shocks created by the war in Ukraine, stuttering growth of the middle class.
The Head of State made these remarks presiding over the 55th Annual Meeting of the Asian Development Bank (ADB) today.
He also noted that the creditor and debtor nations must world collectively to promptly address this situation.