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Disaster

Man-made Disaster

The only possible way out of this quagmire is for Sri Lanka to restore macroeconomic stability and debt sustainability, while protecting vulnerable groups through well-targeted social safety nets. It will have to phase out the central bank‘s direct financing of budget deficits, besides ensuring a gradual return to a market-determined exchange rate to rebuild international reserves

Rajnath calls for closer global cooperation to manage future disasters

Talking about the role of the armed forces in times of disasters, Rajnath said, “Our armed forces have time and again demonstrated that they care for and stand by the country’s partners in times of need without distinguishing between natural or man-made disasters.”