මුදල් අමාත්‍යාංශයේ ප්‍රතිචාරය මෙන්න​ | Moody's Rating Downgrade from B2 to Caa1 | 'Substantial Risk'

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Ministry of Finance release

The decision to downgrade Sri Lanka's rating to Caa1 reflects Moody's assessment that the coronavirus induced shock, which Moody's regards as a social risk, will significantly weaken Sri Lanka's already fragile funding and external positions. Heightened liquidity and external risks stem from Sri Lanka's limited secured funding sources to meet its material external debt service payments over the coming years, during which period market refinancing will remain vulnerable to shifts in investor sentiment. At the same time, fiscal and external pressures will continue to limit the scope for reforms to address long-standing credit vulnerabilities, denoting weakening institutions and governance, an important driver of today's rating action.


Stock Market in Sri Lanka explained in Sinhala



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