COLOMBO: Sri Lanka's new government has approved a controversial restructure of US$14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday (Oct 5). Former leader Ranil Wickremesinghe announced a deal with international sovereign bondholders and the China Development Bank just two days before he lost the presidential elections last month. The new leftist President Anura Kumara Dissanayake had called for better terms, but after two days

Tag-uri: SRI