Government announces ambitious plan to reduce debt to 95% of GDP by 2032: MP

30 Jun 2025 - {{hitsCtrl.values.hits}}

Colombo, June 30 (Daily Mirror) - The government hopes to reduce the country’s debt services to 95 percent of the GDP by 2032, and further lower it to 60 percent thereafter, MP Kaushalya Ariyaratne told Parliament today.

The MP also said the government’s plan is to increase state revenue to 15 percent of the GDP by 2026.