At a meeting of the Committee on Public Finance chaired by MP Harsha de Silva, officials from the State Debt Management Office revealed that Sri Lanka’s outstanding foreign debt stands at USD 37 billion, while domestic debt amounts to Rs. 19.6 trillion. The officials had been summoned before the committee to present an update on the current status of government borrowings. However, when questioned by the chairman about the exact loan installments due for repayment this year, they were unable to provide the precise figures. MP de Silva expressed dissatisfaction over the lack of preparedness and underscored the need to…
Sri Lanka owes USD 37 billion in foreign loans, Rs. 19.6 trillion in domestic debt
Published in News
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth