Moody’s downgrading unwarranted says Ministry of Finance

Colombo (News 1st); Following Moody’s downgrading on Sri Lanka’s Sovereign rating yesterday, the Ministry of Finance responded claiming the rating action is unwarranted and the downgrade ”failed to do justice to the ground reality of the ongoing rapid economic recovery backed by vastly improved business confidence arising from the return of political and policy instability […]

Moody’s downgrading unwarranted says Ministry of Finance