Sri Lanka’s debt to GDP ratio up to 106.7 % in Sept 2021

Sri Lanka’s debt to GDP ratio up to 106.7 % in Sept 2021

Sri Lanka’s debt to GDP ratio up to 106.7 % in Sept 2021

Written by Staff Writer

02 Feb, 2022 | 7:04 pm

COLOMBO (News 1st); Sri Lanka’s debt to GDP ratio has risen up to 106.7 % by September 2021.

It’s an increase from 101 percent in 2020.

A high ratio indicates it’s less likely the country will pay back its debt.

Central bank data indicate that Sri Lanka’s total debt had risen to 84.1 billion US dollars by September 2021.

The foreign debt is 31.6 billion US dollars.

Latest News

Are you interested in advertising on our website or video channel
Please contact us at [email protected]