Sri Lanka Treasury issues Rs825bn guarantees in 2016

Saturday, 10 June 2017 - 19:33

Sri+Lanka+Treasury+issues+Rs825bn+guarantees+in+2016
The Treasury Operations Department has issued treasury guarantees and sovereign guarantees of 824.73 billion rupees at the end of 2016.

The Department, releasing a report, said out of 824.73 billion rupees, 42.31 percent of guarantees have been issued to the power and energy sector.

Ceylon Electricity Board and Ceylon Petroleum Corporation are among state-owned institutions that were guaranteed credit in the recent past.


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