SL pays Rs. 1,559.7 b in interest payments

Sri Lanka's interest payments on foreign and domestic debt reached Rs. 1,559.7 billion in the first eight months of 2024, a 2.2% increase from Rs. 1,525.7 billion in the same period of 2023.

Sri Lanka's interest payments on both foreign and domestic debt reached Rs. 1,559.7 billion during the first eight months of 2024, reflecting a 2.2% increase from Rs. 1,525.7 billion in the same period of 2023, according to the Pre-Election Budgetary Position Report 2024 released by the Ministry of Finance, Economic Development, and Tourism. Notably, foreign debt interest payments surged by 34.9%, amounting to Rs. 100 billion compared to Rs. 74.1 billion last year, primarily due to the initiation of repayments on some bilateral loans. In contrast, domestic debt interest payments rose slightly by 0.6%, totaling Rs. 1,459.7 billion, up from Rs. 1,451.6 billion in the previous year.

SL pays Rs. 1,559.7 b in interest payments | The Morning

The Morning

2024-10-17

தொடர்பான தலைப்புக்கள்

SL set to be removed from IMF’s surcharge list of...

Sri Lanka will be removed from the IMF's surcharge list starting November 1, 2024, due to reforms that raise the threshold for surcharges from 187.5% to 300% of a country's quota, significantly reducing its borrowin...

மேலும் அறிந்து கொள்ள

Income tax revenue surges 16.3% in 2024

Sri Lanka's state revenue from income taxes rose by 16.3% to Rs 624.7 billion in the first eight months of 2024 compared to Rs 537.2 billion in 2023.

மேலும் அறிந்து கொள்ள

Govt. revenue up by over 40%

Total government revenue increased by 40.5% to Rs. 2,565.9 billion in the first eight months of 2024, compared to Rs. 1,826.6 billion in 2023.

மேலும் அறிந்து கொள்ள

அனைத்தையும் காட்டு