Sri Lanka’s high debt to GDP, COVID-19 to hinder infrastructure development - Vigasapuwath 24x7

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Tuesday, April 21, 2020

Sri Lanka’s high debt to GDP, COVID-19 to hinder infrastructure development

COLOMBO (News1st): Sri Lanka’s high debt to GDP levels and lower revenues stemming from slower economic activity could leave little fiscal room for infrastructure development in the country during the next two years, Fitch Ratings said on Wednesday. The rating agency Fitch also rated Sri Lankan corporates in consumer goods retail, construction and hotels among […]

Sri Lanka’s high debt to GDP, COVID-19 to hinder infrastructure development

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