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    Sri Lanka is suspending payments on its foreign debt as its economic crisis worsens

    Sri Lanka is suspending payments on bonds and government-to-government borrowings, pending the completion of a loan restructuring program with the International Monetary Fund.
    by The Associated Press Apr 12, 2022 2 minutes

    COLOMBO, Sri Lanka — Sri Lanka is suspending its repayment of foreign debt, including bonds and government-to-government borrowings, pending the completion of a loan restructuring program with the International Monetary Fund to deal with the island nation's worst economic crisis in decades, the government said Tuesday.

    Sri Lankans for the past months have

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