Public debt swells past Rs. 25 trillion

The outstanding Central Government debt has increased to Rs. 25.5 trillion by end November 2022 from Rs. 17.59 trillion from end 2021. This reflects an increase of Rs. 7.93 trillion or 45%, partly influenced by the devaluation of the rupee last year.

https://www.ft.lk/front-page/Public-debt-swells-past-Rs-25-trillion/44-744950

Daily FT

2023-02-16

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SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

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SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.

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Workers’ remittances decline in September

In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.

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