He said the loan was due in January 2022 but the Indian government had granted a concession period.
At the present, the government has US $ 700 million in foreign exchange reserves, which is enough to import two and a half weeks’ worth of essential commodities, he said.
Dr. Harsha de Silva also points out that this is the lowest on record in history.
He also said that paying $ 515 million next month will be a serious issue for the country.
