Government unable to meet debt repayment – Harsha
The Samagi Jana Balawegaya says the international community is currently questioning Sri Lanka’s ability to repay foreign loans in due course.
Speaking at a media briefing today Parliamentarian Dr. Harsha de Silva said investment banking company Morgan Stanley has published that Sri Lanka is showing difficulties in repaying loans for a considerable period.
MP de Silva said the report comes after Moody’s downgraded Sri Lanka’s creditworthiness and after the country repaid 1 billion USD in debt repayment in October.
The MP reiterated that Sri Lanka has a hefty sum of 9 million USD in debt repayment, as at the year ending in August 2021.
MP de Silva added the biannual interest must also be paid on international bonds, while a total repayment must be made on the date of maturity.
The Parliamentarian also stressed that repayments must be made on bilateral loans, together with the respective interest.
(Source: News Radio)
Latest Headlines in Sri Lanka
- Former CPC Chairman Dhammika Ranatunga granted bail by Colombo Court December 15, 2025
- Sri Lanka condemns Bondi Beach attack in Australia December 15, 2025
- Sri Lanka estimates USD 400 Million for railway reconstruction after Cyclone Ditwah December 15, 2025
- Large-scale drug trafficker arrested in Wattala with 21 kg of cannabis December 15, 2025
- Tragedy at Bondi Beach: Mass shooting at Jewish festival kills 15, injures dozens December 15, 2025
Dr de Silva,
Please go away.
You had 5 years and you did nothing but blabber.
Now you are in Modadasa’s camp doing what you do best, that is to blabber.