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The Government Has to Repay Yearly an Average of USD 4.4 BN Foreign Debt from 2021 Onwards
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025. The breakdown of foreign debt service between principal payments and interest payments is provided. During the period from 2010 to 2018, the annual foreign debt service payments averaged USD 2,267 million. However, GOSL witnessed a steep rise in foreign debt service payments to over USD 4,600 million in 2019, a 42% increase compared to USD 3,243 million in 2018. The Ministry of Finance projections show that GOSL on average has an annual foreign debt service payments of USD 4,432 million between 2021 and 2025. In this period, interest payment component on average will account for 25.3% of the annual foreign debt service and principal payments account for the balance 74.7%. In 2025, the foreign debt service payment is forecast to reach a peak of USD 5,075 million as ISB’s worth USD 2,150 million mature that year.
Featured Insight
The Government Has to Repay Yearly an Average of USD 4.4 BN Foreign Debt from 2021 Onwards
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025. The breakdown of foreign debt service between principal payments and interest payments is provided. During the period from 2010 to 2018, the annual foreign debt service payments averaged USD 2,267 million. However, GOSL witnessed a steep rise in foreign debt service payments to over USD 4,600 million in 2019, a 42% increase compared to USD 3,243 million in 2018. The Ministry of Finance projections show that GOSL on average has an annual foreign debt service payments of USD 4,432 million between 2021 and 2025. In this period, interest payment component on average will account for 25.3% of the annual foreign debt service and principal payments account for the balance 74.7%. In 2025, the foreign debt service payment is forecast to reach a peak of USD 5,075 million as ISB’s worth USD 2,150 million mature that year.
Featured Insight
The Government Has to Repay Yearly an Average of USD 4.4 BN Foreign Debt from 2021 Onwards
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025. The breakdown of foreign debt service between principal payments and interest payments is provided. During the period from 2010 to 2018, the annual foreign debt service payments averaged USD 2,267 million. However, GOSL witnessed a steep rise in foreign debt service payments to over USD 4,600 million in 2019, a 42% increase compared to USD 3,243 million in 2018. The Ministry of Finance projections show that GOSL on average has an annual foreign debt service payments of USD 4,432 million between 2021 and 2025. In this period, interest payment component on average will account for 25.3% of the annual foreign debt service and principal payments account for the balance 74.7%. In 2025, the foreign debt service payment is forecast to reach a peak of USD 5,075 million as ISB’s worth USD 2,150 million mature that year.
Featured Insight
The Government Has to Repay Yearly an Average of USD 4.4 BN Foreign Debt from 2021 Onwards
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025. The breakdown of foreign debt service between principal payments and interest payments is provided. During the period from 2010 to 2018, the annual foreign debt service payments averaged USD 2,267 million. However, GOSL witnessed a steep rise in foreign debt service payments to over USD 4,600 million in 2019, a 42% increase compared to USD 3,243 million in 2018. The Ministry of Finance projections show that GOSL on average has an annual foreign debt service payments of USD 4,432 million between 2021 and 2025. In this period, interest payment component on average will account for 25.3% of the annual foreign debt service and principal payments account for the balance 74.7%. In 2025, the foreign debt service payment is forecast to reach a peak of USD 5,075 million as ISB’s worth USD 2,150 million mature that year.
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Board of Investment of Sri Lanka (Amendment) Act, No. 36 of 2009
AN ACT TO AMEND THE BOARD OF INVESTMENT OF SRI LANKA LAW NO.4 1978.
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Board of Investment of Sri Lanka (Amendment) Act, No. 3 of 2012
AN ACT TO AMEND THE BOARD OF INVESTMENT OF SRI LANKA LAW NO.4 1978.
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Board of Investment of Sri Lanka (Amendment) Act, No. 43 of 1980
AN ACT TO AMEND THE GREATER COLOMO ECONOMIC COMMISSION LAW NO.4 1978.
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Board of Investment of Sri Lanka (Amendment) Act, No. 21 of 1983
AN ACT TO AMEND THE GREATER COLOMO ECONOMIC COMMISSION LAW NO.4 1978.
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Board of Investment of Sri Lanka (Amendment) Act, No. 49 of 1992
AN ACT TO AMEND THE GREATER COLOMO ECONOMIC COMMISSION LAW NO.4 1978.
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Board of Investment of Sri Lanka (Amendment) Act, No. 9 of 2002
AN ACT TO AMEND THE GREATER COLOMO ECONOMIC COMMISSION LAW NO.4 1978.
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Greater Colombo economic Commision No.4 of 1978
A LAW TO ESTABLISH THE GREATER COLOMBO ECONOMIC COMMISSION; TO VEST THE SAID COMMISSION WITH POWESR NECESSARY FOR THE DEVELOPMENT AND RESURGENCE OF THE ECONOMY OF THE REPUBLIC; AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO
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