President Ranil Wickramasinghe identified the "politics of promises" as the primary cause behind the recent collapse of Sri Lanka's economy.

The President made this statement during an event commemorating International Customs Day at the Customs Headquarters in Colombo.

Addressing the audience, President Wickramasinghe urged all political parties to shift their focus toward crafting comprehensive plans for the country's development.

With elections on the horizon, he emphasized the need for a united effort to formulate strategic initiatives that would contribute to the economic recovery and overall well-being of the nation.