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Jun 26, 2024 · Sri Lanka has completed a restructuring of $5.8bn of debt owed to a group of creditor nations, marking a significant step in the cash-strapped south Asian nation’s efforts to exit a...
- Joseph Cotterill
Jan 10, 2022 · Sri Lanka has to repay about $4.5bn in debt this year starting with a $500m international sovereign bond, which matures on 18 January. The country's central bank has repeatedly assured...
Foreign Debt Summary (as of end April 2022) By the end of April 2022, total outstanding external debt of the central Government was US$ 34.8 billion. Source: Department of External Resources. Please refer to public debt summary as of end June 2022 : https://www.treasury.gov.lk/news/article/171.
Oct 6, 2022 · COLOMBO, October 6, 2022—Sri Lanka’s economic crisis is deepening with unsustainable debt and a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic.
Oct 13, 2023 · Sri Lanka has confirmed that it has reached a deal with China, to restructure $4.2bn (£3.4bn) of debt. It has been trying to reach similar deals with a number of creditors to unlock the next...
May 20, 2022 · Sri Lanka is seeking to restructure debts of more than $50bn it owes to foreign creditors, to make it more manageable to repay.
As at end 2022, Sri Lanka’s total public debt was USD equiv. 83.6bn including arrears. The end 2022 foreign and local currency stock (including arrears) of Central Government debt, guaranteed SOEs loans and CBSL debt, amounted to USD 76.8bn, USD 3.7bn and USD 3.1bn, respectively.