Tuesday 22 January 2019
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rappler - 8 month ago

Sri Lanka warns of looming foreign debt crisis

COLOMBO, Sri Lanka – Sri Lanka is headed for a debt crisis, the finance ministry warned Sunday, May 20, blaming a series of costly projects commissioned by the previous government for record-high repayments. Finance Minister Mangala Samaraweera said payments of capital and interest would reach $2.84 billion this year, mostly to ...

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