No uncertainty over Sri Lanka's ability to repay debt - Minister
India, Sept. 3 -- Labour Minister and Finance and Planning Deputy Minister Dr.Anil Jayantha Fernando stated that there is no uncertainty or concern over Sri Lanka's ability to repay its debt, as total government debt had fallen to 88.8 percent of GDP by the end of June 2026.Travel Guides & Travelogues
He described claims that the country's debt burden had increased as baseless and inaccurate.
Issuing a statement to the media yesterday (2), the Minister said that by December 2025, total debt stood at around 95 percent of GDP, a level the government had not expected to reach until 2032. He added that the revised GDP projection for 2026 is Rs.36.4 trillion, and that measured against this figure, the debt-to-GDP ratio now stands at 88.8 per...
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