The Sri Lanka prime minister told the nation to prepare for “a difficult and bitter journey” as he declared the country bankrupt and prepared to approach the International Monetary Fund for a loan. PM Ranil Wickremesinghe yesterday declared Sri Lanka “bankrupt” before making public that he had approached the IMF to figure a way out of the nation’s worst financial crisis in years. “We are now participating in the negotiations as a bankrupt country. Therefore, we have to face a more difficult and complicated situation than in previous negotiations. “Due to the state of bankruptcy our country is in, we […]
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