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SL Parliament appoints panel to probe causes of financial bankruptcy

By IANS | Updated: July 7, 2023 02:30 IST

Colombo, July 7 Sri Lanka's Parliament has said that it has appointed a committee to probe into the ...

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Colombo, July 7 Sri Lanka's Parliament has said that it has appointed a committee to probe into the country's financial bankruptcy and submit recommendations on the matter.

Speaker Mahinda Yapa Abeywardena announced in Parliament on Thursday that the committee would be chaired by lawmaker of Sri Lanka Podujana Peramuna (SLPP) Sagara Kariyawasam, Xinhua news agency reported.

Abeywardena said there are many allegations about the cause of Sri Lanka's bankruptcy in 2022, and the committee is entrusted with investigating these allegations.

Sri Lanka was caught in the state of financial bankruptcy when the government announced the suspension of repayment of its foreign debt in April 2022.

--IANS

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Sri LankaSlppMahinda yapa abeywardenaSagara kariyawasamparliamentcolomboEuropean ParliamentMember Of ParliamentChaminda Vaas Of Sri LankaParliament HouseLower House Of The ParliamentMember Of Parliament Of KadapaLower House Of ParliamentSri Lanka World
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