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rssMB to Left News WireEnglish · 2 days ago

Economists call for the suspension of Sri Lanka’s debt after devastating Cyclone Ditwah

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Economists call for the suspension of Sri Lanka’s debt after devastating Cyclone Ditwah

mronline.org

rssMB to Left News WireEnglish · 2 days ago
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Economists call for the suspension of Sri Lanka’s debt after devastating Cyclone Ditwah - MR Online
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Sri Lanka is expected to pay over 25% of its total revenue in debt servicing every year at a time when Ditwah, as per early estimates, caused damages worth 7 billion USD or around 7% of the country’s GDP.

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