Thursday , November 28 2024

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Crisis-hit Sri Lanka defaults on all foreign debt

Crisis-hit Sri Lanka defaults on all foreign debt

Sri Lanka defaulted on its $51 billion foreign debt Tuesday as the island nation grapples with its worst economic crisis in memory and widespread protests demanding the government’s resignation. Acute food and fuel shortages, alongside long daily electricity blackouts, have brought widespread suffering to the country’s 22 million people in …

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National database to serve asset and income management to be developed

A national database on asset and income will be built. — Illustrative Photo thanhnien.vn HÀ NỘI — Deputy Prime Minister Lê Minh Khái has recently signed Decision No. 390/QĐ-TTg approving a project to build a national database on asset and income, aiming to promote digitalisation and modernisation in the management …

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