This is Why Sri Lankan Economy crashed

your_love

Well-known member
  • Apr 7, 2012
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    Sri Lanka's Debt


    1. Sri Lanka’s debt has now increased to 9.5 trillion rupees after adding hidden government dues which amount to 1,442 billion rupees.

    2. 2015 the state debt amounted to 8,475 billion rupees or 74.9% of GDP.

    3. Total of 1,209 billion rupees has to be paid this year as debt service payments from which 647 billion rupees as loan repayments and 562 billion rupees as interest payments.

    4. The debt which had to repay by state owned enterprises 1,442 billion rupees
    - CPC 365 billion rupees
    - Ports 260 billion rupees
    - SriLankan Airlines 211 billion rupees
    - EPF and ETF overdue on SLTB 21 billion rupees

    5. Apart from that departments and ministries have another 58.4 billion rupees in dues, while Ministry of Highways alone has to pay 24 billion rupees.
     

    Sub Zer0

    Well-known member
  • Aug 11, 2015
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    The countries with the highest debt-to-GDP ratios are Japan (230%), Greece (177%), Lebanon (134%), Jamaica (133%), Italy (132%), and Portugal (130%).Oct 7, 2015