The Foreign Debt Borrowings Of The Country Has Been Decreased During Last Six Months-Finance Ministry

The Foreign Debt borrowing of Sri Lanka has been decreased significantly under the new government during last few months while maintaining the Foreign Reserve of US Dollars 7.5 billion according to the Ministry Of Finance.

Sri Lanka has borrowed only Rs.43 billion foreign debt during first six months of this year ,just 22% out of the total commercial  loans government has set up to be taken this year due to the reforms introduced to public administration and financial management  according to the Ministry Of Finance.

However during the previous government the total Foreign Debt of the country has been increased by 8.8% at the end of last year(2014) from the year 2013 the Ministry has stated.