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

<p>Fitch Ratings agency said warned that the Easter terror attacks would pose additional external financing risks and undermine tourism earnings.&nbsp;</p> <p>In a statement released following the aftermath of the attacks, Fitch said,</p> <p>"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,."</p> <p>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.</p> <p>See more <a href="http://www.lankabusinessonline.com/fitch-says-borrowing-risks-raised-du…">here.</a></p>