Sri Lankan Government’s total debt by end November 2011 stands at Rs. 5.15 trillion

Sri Lankan Government’s total outstanding debt by end November 2011 has risen to Rs 5,155.3 billion compared to Rs.4.537.2 billions, remained a year ago.

Out of the total debts remained as at November 2011, the Government has borrowed Rs. 2,825.8 billion from the domestic market.

This is an increase compared to Rs. 2,548.3 billion remained by end November 2010.

Sri Lanka’s foreign debt also has risen to Rs. 2,329.5 billion by November 2011, from Rs. 1988.8 billion stood by the end of the same month in 2010.

Out of the total domestic debt component of Rs. 2,825.8 billion stood by November 2011, the government has borrowed Rs. 615.8 billion by selling treasury bills.

This is an increase compared to Rs. 509.1 billion remained by end November 2010.

Up to November 2011, the government has borrowed Rs. 1,812.1 billion via selling Treasury bonds; an increase compared to Rs.1, 648.2 billions of Treasury bond related debts remained a year ago.

Debts through rupee loans stood at Rs. 62 billion by end November 2011, same as the previous year.

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mfzansr says:

February 10, 2012 at 9:39 AM

each of us owe Rs.240,000 in terms of government loans. in other words that is equal to our one year per capita income, if we can give away our returns on all economic activities for next 12 months, SL government will be free from this debt burden.