Mr Semasinghe said that in 2022, Sri Lanka’s public debt ratio stood at 128 per cent, a figure slated to be reduced to less than 95 per cent by 2032.
The country is allocating at least 1,000 acres of land for each of the new economic zones.
The state of emergency has been in effect for a month and is officially due to end this Thursday.
The Sri Lankan government temporarily suspended foreign debt payments on April 12 due to a lack of foreign reserves for essentials.
Government-owned public and state-approved private schools were closed for nearly a month due to fuel shortages.
Acting President Ranil Wickremesinghe was elected as the new president of Sri Lanka in an election held in parliament on Wednesday.
Mr Wickremesinghe was sworn in following the resignation of President Gotabaya Rajapaksa.
Sri Lanka’s President Gotabaya Rajapaksa has resigned after months of protests around the country’s economic collapse and widespread hardship
Political tensions remained high in Sri Lanka on Thursday as President Gotabaya Rajapaksa failed to submit his promised resignation letter to the speaker of parliament.
Sri Lanka’s acting president, Ranil Wickremesinghe, on Wednesday declared a state of emergency and imposed a curfew to control a fresh wave of protests in Colombo.
