Sri Lanka's President, Gotabaya Rajapaksa, has requested "international donor agencies to provide a debt moratorium or debt deferment facility to all vulnerable developing nations to the COVID-19 risk," his office said in a statement.
Gotabaya asked the Director General of the World Health Organisation to forward his request to multi-lateral and bilateral lending agencies.
EconomyNext reported that Sri Lanka has over 4.8 billion US dollars to repay this year but Sri Lanka's economy has been hit by the global pandemic, cripppling it's exports.
We need your support
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.
For more ways to donate visit https://donate.tamilguardian.com.
