Home / business / Sri Lanka Disputes Moody's Downgrading of Credit Rating; Calls it Ill-judged, Unacceptable

Sri Lanka Disputes Moody's Downgrading of Credit Rating; Calls it Ill-judged, Unacceptable

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Moody's said that Sri Lanka's low and declining foreign reserves adequacy, limited and narrowing set of external financing options for the government and the extremely large share of government revenue taken up by interest payments raises the risk of debt default.

from Top Business News- News18.com
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Sri Lanka Disputes Moody's Downgrading of Credit Rating; Calls it Ill-judged, Unacceptable Sri Lanka Disputes Moody's Downgrading of Credit Rating; Calls it Ill-judged, Unacceptable Reviewed by Team Exprssnews on July 20, 2021 Rating: 5

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