Sri Lanka has defaulted on a USD 1 billion repayment on the International Sovereign Bond maturing today (25), Patali Champika Ranawaka said.
of high interest #CommercialDebt, wasteful projects/ programmes designed for unprecedented embezzlement, and then, more debt. #22million #SriLankans languishing in queues with no fuel, gas, food or medicine, in a deepening crisis, and generations to come, will dearly pay. (2/2)
— Patali Champika Ranawaka (@pcranawaka) July 25, 2022