Sri Lanka settles sovereign bond payment as reserves dwindle
The Hindu
The island nation is in its worst crisis in decades, with people facing shortages of essentials like milk powder, cooking gas and kerosene
Sri Lanka has paid $500 million due on sovereign bonds from its badly despite calls by experts to defer the payment and use the sum to import essential foods and medicine.
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The Indian ocean island nation is in its , with people facing shortages of essentials like milk powder, cooking gas and kerosene. Television reports show people in long lines waiting to buy propane, sometimes with fights breaking out.
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