Debt burden has increased - Parliamentarian S. M. Marikkar
Sri Lanka, May 22 -- When the value of the US dollar increases by one rupee, the country's debt burden increases by Rs. 40 billion, and accordingly, the country's debt burden has increased by Rs. 20,000 million in the last 20 months, Samagi Jana Balawegaya (SJB) Parliamentarian S. M. Marikkar told Parliament.
Speaking during the adjournment debate on the Central Bank's Economic Review for 2025 yesterday, he said that when the President took charge of the country, the value of the US dollar was Rs. 292, but it has now increased to Rs. 343 and accordingly, the value of the US dollar has increased by Rs. 51 and now the Government is unable to face this.
"In this situation, when the value of the US dollar increases by one rupee, the debt bu...
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