By Yohan Perera
Highlighting that Sri Lanka’s foreign debt services which has to be settled for this year had reached $6 billion, SJB MP Harsha de Silva yesterday urged the government to state as to how it is going to settle them.
Dr. de Silva alleged during a press conference yesterday that an international sovereign bond issue which Sri Lanka went into in 2011 and another issue which the country went into in 2012 will mature this year while the government will have to make payments for the SWAP arrangements it has got into this year.
“The sovereign bond issue the government went into was at the rate of 6.25 per cent, while the rate for the sovereign bond issue in 2012 was 5.88 per cent. In addition, the government will have to settle what it had borrowed from the World Bank and Asian Development Bank while it has to make payments for the SWAP agreements it had got into with local state banks,” the MP said.
Add commentComments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
In order to critically discuss a movement, we must first understand its etymo
Many battles were fought during the long war between the Sri Lankan armed for
When can one say they’ve had enough of being in a state of ‘wokeness’ a
Members of a dozen Sri Lankan Tamil families gathered in the evening at the r
22 Mar 2023
20 Mar 2023 - 3 - 744
18 Mar 2023 - 2 - 934
18 Mar 2023 - 0 - 627
18 Mar 2023 - 0 - 802
Name - Reply Comment