Mon, 15 Apr 2024 Today's Paper

Govt. should state how it will settle foreign debt services: Harsha

By

22 February 2021 12:04 am - 0     - {{hitsCtrl.values.hits}}

A A A

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. 

 

  • SL foreign reserves were $5.7 billion as of December 31 last year

 

 


Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 0

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Add comment

Comments 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.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka