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Your email address will not be published.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

Taiwanese president heads to US amid China’s threats

Taiwanese President Tsai Ing-wen is set to leave for the United States,…

Foreign minister to visit Bahrain

Tomorrow Shah Mehmood Qureshi will depart for a two-day visit to Bahrain…

Soldier confirmed killed in strike on northern Israel

An Israeli soldier died of his injuries after a Hezbollah strike on…

US, Egyptian and Qatari mediators to resume Gaza talks

Mediators from the US, Egypt and Qatar are scheduled to resume talks…