Colombo: Sri Lanka’s outgoing finance minister said on Thursday said that it must urgently seek funds from multilateral lenders and aim to restructure a debt payment due in July. The country is suffering from political instability amid its worst economic crisis in decades. The opposition and some partners of the ruling coalition rejected calls this week for a unity government from President Gotabaya Rajapaksa.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Zardari, Nawaz post-election meeting postponed

The meeting between the Pakistan Muslim League–Nawaz (PMLN) supremo and Pakistan Peoples’…

Israel’s position on Gaza ceasefire deal ambiguous: Qatar

Mediator Qatar has said it was waiting for a “clear position” from…

Israel’s UN envoy warns Iran may ‘sow global chaos’ during US presidential transition

Israel’s UN envoy cautioned on Wednesday that the upcoming US presidential transition…

Baby girl born with twin ‘inside’: Assuta Medical Center

A mother was shocked after being informed of her newborn having “twin”…