Sri Lanka Seals Debt Deal As It Recovers From 2022 Financial Crash
Sri Lanka secured a moratorium on repayments until 2028, said Wickremesinghe. (File) Colombo: Sri Lanka said on Wednesday it had clinched a restructuring deal with India, China, and other nations, covering up to $10 billion in debt, a critical step towards recovery after a 2022 financial crash. The agreement is expected to revive stalled infrastructure … Read more