Default risk looms: Sri Lanka's finance minister pledges to pay back loans despite dwindling foreign reserves
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Sri Lanka's Finance Minister Basil Rajapaksa has stated that loan payments in excess of USD $1.5 billion dollars due next year will be paid and that "there is no need to worry", despite low foreign reserves and a slashed credit rating but acknowledged economic turmoil will persist through 2022.

Mullaitivu locals joined staged demonstrations across Puthukkudiyiruppu on Saturday against the rising prices of gas, sugar, cement, and fertilizers in the country.



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