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Your email address will not be published.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

Putin, Modi agree to expand India-Russia trade, strengthen friendship

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi agreed on…

Election on April 16 in KP: Governor tells ECP

Governor Khyber Pakhtunkhwa (KP) Haji Ghulam Ali has suggested April 16 as…

Thousands hit German streets to protest coal mine expansion

Thousands of people have demonstrated in persistent rain to protest the clearance…

ECP challenges PHC verdict on PTI election symbol

The Election Commission of Pakistan (ECP) on Saturday challenged the Peshawar High…