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Sri+Lanka+gross+borrowings+down+22.5%25+from+Jan+to+Apr+2015
Friday, 03 July 2015 - 8:11
Sri Lanka gross borrowings down 22.5% from Jan to Apr 2015
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Sri Lanka’s government debt operations indicated total gross borrowing as 569.8 billion rupees during the first four months of this year, down 22.5% from the same period last year.

2015 mid year fiscal responsibility report said Out of the total, 530.6 billion rupees was domestic borrowings and balance 39.2 billion rupees was the foreign borrowings.

From the domestic borrowings, 291.3 billion rupees has been utilized for debt repayments and 182.7 billion rupees has been used for interest payments.

The report further said The net borrowing was 278.5 billion rupees during this period.
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