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SRI LANKA: WHY DID DEFAULT TAKE PLACE IN THE COUNTRY?

The Sri Lankan authorities have announced the suspension of all external debt payments. On April 12, 2022, the head of the Ministry ... ... 28% due to rising commodity prices. Sri Lanka's external debt is estimated at $35 billion. The authorities call the current default the last opportunity to prevent further development of the financial situation according to the worst scenario.

Modified: 04.13.2022
Sri Lanka , default , country default , coronavirus
Path: РусБанкрот - СМИ
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