Sri Lanka’s Foreign Debt at USD 37 Billion

COLOMBO (News 1st); The Committee on Public Finance chaired by MP Dr. Harsha de Silva, revealed that Sri Lanka has accumulated foreign debt amounting to USD 37 billion. 

Officials from the State Debt Management Office, summoned before the committee, confirmed that During a review by the Committee on Public Finance, Sri Lanka’s foreign debt stands at USD 37 billion, equivalent to Rs. 19.6 trillion.

The Committee on Public Finance noted that all borrowing processes are currently managed solely by the State Debt Management Office.

The COPF Chairman MP Dr. Harsha De Silva also highlighted the importance of recruiting skilled officers to strengthen the country’s debt management operations.