Sri Lanka confident of not defaulting on its debt, says FM Basil Rajapaksa
Sri Lanka confident of not defaulting on its debt, says FM Basil Rajapaksa
‘By 2024, we are confident we will be able increase reserves and put debt on a sustainable footing,’ he says.
Sri Lanka is confident of not defaulting on its debt repayments and will work on gradually improving the quality of its foreign exchange reserves, Finance Minister Basil Rajapaksa said on Saturday, November 13, 2021, a day after presenting the 2022 annual budget.
