Sri Lanka's Prime Minister Ranil Wickremesinghe has questioned the countries downgrading by two major credit rating agencies over the past weeks.
Standard & Poor's ratings agency lowered the outlook on Sri Lanka’s 'B+' long-term sovereign credit rating to negative from stable, citing rising fiscal and external imbalances, earlier this week. The downgrade came after Fitch also took the step to downgrade outlook to B+.
According to the Sunday Times, the PM's reaction to the renewed blows to the country's stumbling economy was,
“There were dead bodies scattered around. How did they not discover this earlier? Why such ratings now?”
Sri Lanka to impose new taxes after credit rating downgrades (14 March 2016)
Another ratings agency downgrades Sri Lanka (11 March 2016)
Sri Lanka finance minister dismisses Fitch Ratings downgrade (01 March 2016)