Sri Lanka cabinet approves downgrade to 'low income country'

Reuters Updated - October 11, 2022 at 11:14 AM.

Agrees for a downgrade to access concessional funding from international organisations

Sri Lanka's cabinet has approved downgrading the island nation to the status of "low income country", in order to get access to concessional funding from international organisations, the cabinet spokesman Bandula Gunawardane said on Tuesday.

Published on October 11, 2022 05:44

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