Moody’s cautions of downgrading Sri Lanka’s credit rankings

COLOMBO (News1st): The Moody’s rating agency has cautioned that it would downgrade Sri Lanka’s rating if its external debt repayments come at a significant cost. “The government’s external debt service payments amount to approximately $4 billion between 2020 and 2025,” Moody’s said in a statement on Friday. Sri Lanka was downgraded from B1 to B2 […]

Moody’s cautions of downgrading Sri Lanka’s credit rankings