Sri Lanka announced non – payment of foreign debts

Sri Lanka is currently awaiting an emergency loan from the International Monetary Fund to support its economic rescue program.

Sri Lanka will not be able to service the repayment of its foreign debts, the country’s finance ministry said Tuesday. According to the ministry, the country has a debt of about $ 51 billion (€ 47 billion).

Sri Lanka is currently awaiting an emergency loan from the International Monetary Fund to support its economic rescue program.

Sri Lanka has suffered the worst economic crisis since independence. Due to the lack of foreign exchange, there has been a shortage of imported goods, such as fuels and medicines. There have also been a large number of power outages.

Demonstrations have called for a president in recent weeks Gotabaya Rajapaksan and the difference between this administration.

By Editor

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