Govt. debt drops in May 2020. Foreign debt down by Rs.292.6bn

The total outstanding central government debt has decreased by Rs.128.8 billion to Rs. 13,895.9 billion in May 2020 from Rs.14, 024.7 billion, the latest weekly report by the Central Bank of Sri Lanka (CBSL) outlines.

Meanwhile, the total domestic debt of the government has increased from Rs. 7,217.7 billion to Rs 7,381.4 billion.

However, the total foreign debt has decreased by Rs. 292.6 billion to Rs. 6,514.5 billion in May 2020 from Rs. 6,807.1 billion.

Nevertheless, The total outstanding central government debt has increased by Rs. 864.4 billion during the first five months of 2020.

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Source From biz.adaderana
Author: Isma Izzath
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