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Sri Lanka will face higher financial borrowing risks after attacks - Fitch Ratings

Fitch Ratings agency said warned that the Easter terror attacks would pose additional external financing risks and undermine tourism earnings. 

In a statement released following the aftermath of the attacks, Fitch said,

"Heightened external financing risks are a factor in the low ratings of Sri Lanka (B), which was downgraded in December 2018 and is seeking to stabilise its external finances with IMF assistance,."

The agency warned that Sri Lanka has high levels of debt repayment until 2022, resulting in higher financing risks as it looks to raise funds for debt repayment.

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