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2017+loan+installment+is+1480+billion+rupees
Friday, 17 February 2017 - 12:46
2017 loan installment is 1480 billion rupees
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The loan installment Sri Lanka has to pay both locally and overseas in 2017 is 1480 billion rupees, says Finance Minister Ravi Karunanayake.

The foreign loan installment to be paid adds up to 609.4 billion rupees, he went on to say while directing a memorandum to the Cabinet of Ministers.

Due to US Central Pool increasing interest rates, it has adversely affected by foreign investors selling Sri Lanka’s stocks and bonds, finance minister further said.

In this context the Cabinet has given approval to issue US 1,500 dollars’ worth of bonds to the international market.

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