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.

As of June 2024, Sri Lanka's external debt stood at $37.5 billion, according to the Mid-Year Fiscal Position Report. In the first half of 2024, the country made debt service payments totaling $503 million, including $275.1 million in principal and $227.9 million in interest. Since the implementation of an interim debt standstill policy on 12 April 2022, which suspended external debt servicing on loans from bilateral and commercial creditors, unpaid debt service has accumulated to $8.19 billion—comprising $5.67 billion in principal and $2.52 billion in interest—by June 2024.

SL pays $ 503 m for 1H debt servicing | The Morning

The Morning

2024-11-04

தொடர்பான தலைப்புக்கள்

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.

மேலும் அறிந்து கொள்ள

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.

மேலும் அறிந்து கொள்ள

Rising import demand widens trade deficit to US$ 6...

Sri Lanka’s trade deficit rose to US$ 634 million in September 2024 as imports surged 22%, outpacing a 4.1% export growth, largely due to increased consumer and investment goods demand. ...

மேலும் அறிந்து கொள்ள

அனைத்தையும் காட்டு