Sri Lanka ‘relieved’ at resolution of US crisis

Economic Development Minister Basil Rajapaksa has told the Daily Mirror of Sri Lanka’s relief that the US was able to find a resolution to the stand-off between Democrats and Republicans, which brought the country close to defaulting on its debt.

Basil said he was concerned as the US would not be able to pay for Sri Lanka’s investments in US treasury bonds if it defaulted.

“Therefore, the resolution of this problem in the US is a sigh of relief for us. We observed developments in the US closely during the last few days,” he said.

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