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Flow of External Loans to Sri Lanka

For the past five years (2017-2021) China has been the largest bilateral lender to Sri Lanka. In 2021, China disbursed a total of USD 947 MN, out of which USD 809 MN was obtained as market borrowings from the China Development Bank.

PF Decoded : Episode 1

How much debt is too much debt ? Sri Lanka’s debt has reached unprecedented levels in the recent past. Analyst Anushan Kapilan covers what debt is, how it can be measured and be quantified.&nb...

Financing of the Budget Deficit, 2010 to 2022

The following infographic depicts the financing of the budget deficit from 2010 to 2022 estimates as presented in the 2022 budget.

Why Did the Budget Deficit Increase in 2020?

Sri Lanka’s budget deficit has doubled between the period of 2019 and 2020. The budget deficit increased from LKR 1,016 billion in 2019 to LKR 2,090 billion in 2020, which is an increase of LKR 1...

2020 Records the Highest Budget Deficit Since 1982

The budget balance for 2020 is -LKR 2,090 billion (-14.0% of GDP) while the budget balance for 2019 remains at -LKR 1,016 billion (-6.8% of GDP). It is important to note that this is the first time the budget deficit has increased to...