Sri Lanka to settle Rs 726 bn as foreign debt in 2021

COLOMBO (News1st): Sri Lanka will have to settle foreign debt worth Rs 726 billion in 2021 amidst the depreciation of the rupee, state finance minister Ajith Nivard Cabraal said. “The value of the debt had arisen since the exchange rate of the rupee was not maintained,” Cabraal said responding to queries by opposition parliamentarian S.M. […]

Sri Lanka to settle Rs 726 bn as foreign debt in 2021