Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said October 5. Former leader Ranil Wickremesinghe announced a deal with international sovereign bondholders and the China Development Bank just two days before he lost presidential elections last month. The new...
Unlock this article with Premium. To access all premium content, contact us at [email protected]
Already a member? Log in here
