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<blockquote data-quote="cuteoz" data-source="post: 27750257" data-attributes="member: 167216"><p>it means we're unable to pay the loan, so it's default, until debt restructuring, we have to anyway pay loans, even if it's longer term, and then only we can get loans and etc, without loans the country cannot run, as we have to import gas/fuel/medicine and other vital things, we rely currently on remittances, tourism and exports, for foreigners it will be cheaper to get exports from sri lanka as the rupee is devalued, but we have a lot of competition from bangladesh and other countries, and the world is currently in inflation and recession, so it makes business go down, so there isn't a balance in everything right now.</p></blockquote><p></p>
[QUOTE="cuteoz, post: 27750257, member: 167216"] it means we're unable to pay the loan, so it's default, until debt restructuring, we have to anyway pay loans, even if it's longer term, and then only we can get loans and etc, without loans the country cannot run, as we have to import gas/fuel/medicine and other vital things, we rely currently on remittances, tourism and exports, for foreigners it will be cheaper to get exports from sri lanka as the rupee is devalued, but we have a lot of competition from bangladesh and other countries, and the world is currently in inflation and recession, so it makes business go down, so there isn't a balance in everything right now. [/QUOTE]
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