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

Iran: No direct talks with U.S. during ongoing conflict

Knesset approves death penalty for Palestinians

War’s end depends on Iran’s security and dignity

Iran’s oil revenues nearly double amid Gulf war

Nikitin: No concessions planned on Armenian railways

China affirms support for Cuba amid U.S. blockade

UAE pipeline bypassing Hormuz hit, fire reported

Iran claims drone strikes on Israeli defense sites

Alliance neutralizes Iranian ballistic missile over Turkiye

Iranian and French FMs discuss Hormuz in phone call

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