Sri Lanka announces defaults on $51 bn external debt
Edited By WION Video Desk
Published: Apr 12, 2022, 04:00 IST | Updated: Apr 12, 2022, 04:00 IST
Sri Lanka announced on Tuesday that it would be defaulting on all of its external debt of $51 billion, after running out of foreign exchange for imports. Colombo called the move a "last resort."
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