Source: The Gateway Pundit

The Sri Lankan government announced on Tuesday a temporary suspension of repayment in all external debts of about $51 billion due to the worsening economic crisis in the country caused by the Covid-19 pandemic and the Ukraine war.

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“We have lost the ability to repay foreign debt. It has come to a point that making debt payments are challenging and impossible,” Central Bank Governor Nandalal Weerasinghe said at the media briefing.

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