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Bankrupt Declaration of country - Srilanka
May 26 , 2022
916 days
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- Sri Lankan Prime Minister Ranil Wickremesinghe has declared the country bankrupt as it faces a fuel crisis and food shortages.
- Meanwhile, Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages.
- Most of Sri Lanka's petrol stations have run dry as the island nation battles its most devastating economic crisis since independence in 1948.
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