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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka's debt reaches 5,900 billion

Sri Lanka's debt reaches 5,900 billion

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1Sri Lanka's debt reaches 5,900 billion Empty Sri Lanka's debt reaches 5,900 billion Mon Aug 27, 2012 9:45 am

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Aug 27, 2012 (LBT) - Sri Lanka’s total outstanding government debt has risen to Rs. 5,902 billion by May this year, compared to Rs. 4,800 billion stood at May 2011. Out of this, Rs. 2759.7 billion consists of foreign debt while Rs 3,142.5 billion consists of domestic debt.

Foreign debt which stood at Rs. 2,071 billion by May 2011 has gone up to Rs. 2,759.7 billion by May 2012. Out of the total domestic debt, the government has borrowed Rs. 1,985.5 billion by selling treasury bonds, while Rs. 694 billion has been borrowed via selling treasury bills.
http://www.lbt.lk/news/economic/2507-debt-rise

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Malika,
Is there any source to read debt service details in summarized table.
a) lenders (foreign & locals)
b) lending period (including grace periods, if any)
c) Interest rates payable
d) Interest being paid (locally & overseas)
e) Principal being paid (locally & oversea)
d) Amount borrowed & the purpose etc.....

Hopefully, public may have the right to access this information.
If not, just ignore this. Thanks



3Sri Lanka's debt reaches 5,900 billion Empty Re: Sri Lanka's debt reaches 5,900 billion Mon Aug 27, 2012 10:02 am

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I think that central bank report provides these misinformation

4Sri Lanka's debt reaches 5,900 billion Empty Re: Sri Lanka's debt reaches 5,900 billion Mon Aug 27, 2012 10:10 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Do we really care ? pale

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