FVMP debt increases to Rs 3.42T

Government of Sri Lanka’s (GoSL’s) face value (FV) MP debt increased by 5.63 per cent (Rs 182,411.82 million) to a record high Rs 3,424,696.95 million (Rs 3.4247 trillion) on Tuesday (15 November), due to a persistent lack of revenue. GoSL’s previous highest FVMP debt was Rs 3.2820 trillion established on 1 November 2022.

Ceylon Today

2022-11-17

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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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