Weary Finance Minister presents Budget amidst ‘ticking bomb’ on foreign loans

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As Finance Minister Basil Rajapaksa declared earlier, Budget 2022 was presented in the backdrop of an economy in serious decline, with a bleak future ahead and international credit agencies issuing warnings that Sri Lanka is on the ‘ticking bomb’ path towards default in-servicing on its overseas loans.

(For details please read the Sunday Times: https://www.sundaytimes.lk/211114/columns/weary-finance-minister-presents-budget-amidst-ticking-bombon-foreign-loans-462017.html)

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