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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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2022 ஆம் ஆண்டில் இலங்கையின் மத்திய மற்றும் மாகாண அரசாங்கங்கள் அதன் மொத்த உள்நாட்டு உற்பத்தியில் வெறும் 1.5 சதவீதத்தை மட்டுமே முதன்மை, இடைநிலை மற்றும் மூன்றாம் நிலைக் கல்விக்காக ஒதுக்கியுள்ளன. இது தெற்காசியாவில் கல்விச் செலவுக்கான பட்டியலில் இலங்கையை கடைசி இடத்தில் தள்ளி...
பி.எஃப். வயரில் இணைப்பிலிருந்து
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Daily News
Financial literacy vital to save consumers from ab...
Dr. Nandalal Weerasinghe stressed the critical role of financial literacy in empowering consumers to protect themselves from financial frauds and abuses, particularly in the face of growi...
மேலும் வாசிக்க
Source:
Daily Mirror
Verité Research forms Governance and Anti-Corrupti...
Verité Research has established a Governance and Anti-Corruption (GAC) research division under the leadership of Sankhitha Gunaratne. This strategic move comes against the backdrop of widespread, systemic corruption in Sri Lanka and t...
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economynext
Sri Lanka to address teachers’ salary anomalies in...
Sri Lanka’s government is not in a position to provide “instant solutions” to the issue of teachers’ salary anomalies and instead hopes to present proposals that cover the gamut of the public service in the upcoming b...
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2022 ஆம் ஆண்டில் இலங்கையின் மத்திய மற்றும் மாகாண அரசாங்கங்கள் அதன் மொத...
Expenditure on the Education Sector : Re...
கல்வித் துறைக்கான செலவினம் (2010 – 2019)
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Budget 2021: Education
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Has the Government Fulfilled its Budgeta...
In July, the Ministry of Education stated that approximately 1500 cons...
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IMF இன் கணிப்புகளுடன் ஒப்பிடும்போது 2023ல் அதிக சுருக்கத்தையும் 2024 ல் அதிக வளர்ச்சியையும் 2024 வரவுசெலவுத் திட்டம் கணித்துள்ளது.
மேலும் வாசிக்க
Schrodinger’s Banks: The Immediate Need for Polici...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Fi...
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Sri Lanka’s new personal income tax structure redu...
In his recent address to Parliament, the President announced proposed reforms to Sri Lanka’s Personal Income Tax (PIT) system. These changes include raising the tax-free monthly income threshold from LKR 100,000 to LKR 150,000, a...
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