Saturday, November 28, 2020

Fitch downgrade unacceptable – Ministry of Finance

The Ministry of Finance issued a statement on the rating action taken by Fitch Ratings, to downgrade Sri Lanka’s long term foreign currency issuer default rating to “CCC”. The statement reads, “We do not accept this downgrade as it fails to recognize the robust policy framework of the new government for addressing legacy issues, including […]

Fitch downgrade unacceptable – Ministry of Finance

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