×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Sri Lanka needs to restructure $1 billion debt maturing in July: Ali Sabry

Sabry told parliament the country should seek a financial bailout, debt moratorium or some other means to address the crisis
Last Updated : 07 April 2022, 09:07 IST
Last Updated : 07 April 2022, 09:07 IST

Follow Us :

Comments

Sri Lanka must look to restructure a $1 billion international sovereign bond maturing in July, said Ali Sabry, who recently submitted his resignation as finance minister amid a massive economic crisis.

Sabry told parliament the country should seek a financial bailout, debt moratorium or some other means to address the crisis. It was not immediately clear if President Gotabaya Rajapaksa had accepted his resignation sent on Tuesday.

Watch the latest DH Videos here:

ADVERTISEMENT
Published 07 April 2022, 09:07 IST

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

Follow us on :

Follow Us

ADVERTISEMENT
ADVERTISEMENT