10 February 2012

Sri Lanka's Total Debt Amounts to Rs 5.15 Trillion by End November 2011. Foreign Debt Rs 2,329bn and Domestic Borrowings Rs 2,826bn

10th February 2012, www.news360.lk

Sri Lankan Government’s total outstanding debt by end November 2011 has risen to Rs 5,155.3 billion compared to Rs.4.537.2 billions, remained a year ago.

Out of the total debts remained as at November 2011, the Government has borrowed Rs. 2,825.8 billion from the domestic market. This is an increase compared to Rs. 2,548.3 billion remained by end November 2010.

Sri Lanka’s foreign debt also has risen to Rs. 2,329.5 billion by November 2011, from Rs. 1988.8 billion stood by the end of the same month in 2010.

Out of the total domestic debt component of Rs. 2,825.8 billion stood by November 2011, the government has borrowed Rs. 615.8 billion by selling treasury bills. This is an increase compared to Rs. 509.1 billion remained by end November 2010.

Up to November 2011, the government has borrowed Rs. 1,812.1 billion via selling Treasury bonds; an increase compared to Rs.1,648.2 billions of Treasury bond related debts remained a year ago.

Debts through rupee loans stood at Rs. 62 billion by end November 2011, same as the previous year.

Related Info :

Sri Lanka Debt to GDP Ratio Falls to 78pct from 82pct in 2010

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