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* Bar Association expresses grave concern about looming economic crisis in Sri Lanka
Fri, Jan 14, 2022, 07:44 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 14, Colombo: The Bar Association of Sri Lanka (BASL) expressing grave concern about a looming economic crisis in the country, called on the Government to seek professional assistance to resolve the impending crisis.

Issuing a statement the BASL called upon the government to seek the assistance of “acknowledged independent and non-partisan” experts both domestically and internationally and also of multilateral institutions that have a proven record of providing resources financially as well as in the form of technical expertise that will enable sustainable solutions to this crisis.

“It is our belief that such assistance will result in the prescriptions that manifest to the world Sri Lanka’s belief in institutions as a country where effective governance is not contingent on personalities. It will manifest the fact that Sri Lanka has the desire and institutional capacity to respond to the exigencies brought by the present crisis via prescriptions that subscribe to the Rule of Law,” the BASL pointed out.

Following is the full statement:

 

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