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Sri Lanka unilaterally suspends external debt payments, says needs money for essentials

Protestors shout slogans against Sri Lanka's President Gotabaya Rajapaksa near the Presidential Secretariat, amid the country's economic crisis in Colombo, Sri Lanka, April 9, 2022. [Reuters]

 

Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.

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