Uncertainty looms over Sri Lanka as debt restructuring talks hit snag

Upcoming presidential election ramps up pressure to accelerate negotiations

20240419 Colombo

Sri Lankan capital Colombo. The nation has failed to strike an agreement with international bondholders on restructuring about $12 billion in debt. © Reuters

MUNZA MUSHTAQ, Contributing writer

COLOMBO -- Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund, experts warn.

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