ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Sri Lanka crisis

Broke, downgraded and begging: Sri Lanka pays price for missteps

South Asian nation's economic crisis draws comparisons with Lebanon's meltdown

 People wait in a queue to buy kerosene oil at a fuel dispensing station on Tuesday in Gampola, Sri Lanka.   © Getty Images
MARWAAN MACAN-MARKAR, Asia regional correspondent | Sri Lanka

BANGKOK -- Sri Lanka's failure to settle interest payments on sovereign bonds and its subsequent ratings downgrade have drawn unflattering comparisons with the economic meltdown in Lebanon.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close