Rajapaksa requests moratorium from India as Sri Lanka’s debt repayments pile up

Sri Lanka’s prime minister Mahinda Rajapaksa revealed that he requested a moratorium on all loan repayments to India for three years, as his regime struggles with Sri Lanka’s repayment obligations.
In an interview with The Hindu, Rajapaksa admitted that Sri Lanka’s debt repayments, with servicing totalling $60 billion, were “a worry”.



.jpg)