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Posts tagged as “foreign debt”

RW moots probe on those responsible for making SL bankrupt

report in The Daily FT, Dec 9, 2022President Ranil Wickremesinghe yesterday called on the Parliament to form a Select Committee to investigate monetary and fiscal policy failures that led to sovereign default on foreign debt and economy to bankruptcy. “If the House agrees I can appoint a Presidential Commission of Inquiry,” he told the House joining the debate on 2023 Budget. “Otherwise have a Select Committee. The Parliament has powers to do that. You all…