UP

Sri Lanka has declared default

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Sri Lanka has declared default

The Sri Lankan government has declared default for the first time in its history to stem the economic collapse that has sparked mass protests and a political crisis.

Axar.az reports that the statement came from Central Bank Chairman Nandalal Weerasinghe.

He said the government had failed to pay its debts to creditors and had therefore agreed to a default.

It should be noted that the country urgently needs $ 3-4 billion to get out of the situation in the short term.

Date
2022.05.19 / 15:38
Author
Zuleykha Aghasieva
See also

Explosions heard in Iran’s Bandar Abbas, Konarak and Ahvaz

Ukraine's defense minister resigns

EU fails to reach deal on 21st Russia sanctions package

CENTCOM announces new wave of strikes against Iran

Ghalibaf says Iran must fight while pursuing diplomacy

Romania risks losing €4.5bn in EU recovery funds

South Korean President says he no longer owns a home

Russian-born investor to lead $200m US enterprise fund

Berdimuhamedov to pay official visit to Georgia

Zelensky: Ukraine to step up diplomatic efforts

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla