Sri Lanka’s economy in peril with accumulated external debt

Colombo (News 1st) – Moody’s rating agency stated that Sri Lanka and Pakistan are among Asian countries that face the highest risks of rising debt costs and depreciation as global growth slows due to a trade war between the US and China. The rating agency mentioned that “Weak debt affordability, high debt burdens, a reliance […]

Sri Lanka’s economy in peril with accumulated external debt

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