Debrief - Sri Lanka debt crisis
What happens when Colombo defaults on debt
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Jeffrey Hutton Regional Correspondent In Bali, Jeffrey Hutton
Sri Lanka has said it will halt repayments due on US$51 billion (S$70 billion) of foreign-owed debt amid an economic meltdown following missteps by the government in the face of back-to-back crises, including the Covid-19 pandemic and Russia's invasion of Ukraine.
