- February 22nd, 2025
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Sri Lanka’s New Government Endorses Controversial Debt Restructuring Plan Amid Political Uncertainty
Sri Lanka’s newly-elected government has approved a contentious restructuring deal for US$14.7 billion (RM62 billion) in foreign commercial credit, a plan tentatively agreed upon by the previous administration led by former President Ranil Wickremesinghe. The move has sparked widespread discussion...