Economy

Sri Lanka’s total public debt reaches USD 97.952 billion

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Sri Lanka’s total public debt stood at US$97.952 billion (Rs. 32.977 trillion) as of June 30, according to the latest report issued by the Public Debt Management Office (PDMO) of the Ministry of Finance.

The report, issued by the Public Debt Management Office states that as of June 30, the government’s debt alone amounted to Rs. 31.999 trillion, or US$95.047 billion.

In addition, the report records US$20 million in debt owed by provincial councils and provincial institutions, while US$2.885 billion represents debt of state-owned enterprises backed by government guarantees.

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