Sri Lanka on the Brink of Bankruptcy With Record High inflation and Mounting Dues

Sri Lanka on the Brink of Bankruptcy With Record High inflation and Mounting Dues

Sri Lanka is sinking into an abyss of deepening financial and humanitarian crisis. With inflation scaling record highs, food prices zooming, and pandemic-induced disruptions driving its coffers dry, the island nation is feared to go bankrupt this year. The country needs to repay an estimated $7.3 billion in domestic and foreign loans in the next […]

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