Sri Lanka Warns It Will Default On Foreign Debt Amid Crisis ...Middle East

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Sri Lanka Warns It Will Default On Foreign Debt Amid Crisis
source : Ommcom News ( Middle East ) () 11
Colombo:  Sri Lanka has said it will temporarily default on its foreign debts amid its worst economic crisis in over 70 years, BBC reported. Officials said the impact of the Covid-19 pandemic and the Russia-Ukraine war made it “impossible” for the island nation to pay its creditors. Sri Lanka has been witnessing mass protests as […] The post Sri Lanka Warns It Will Default On Foreign Debt Amid Crisis appeared first on Ommcom News.

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