COLOMBO (News 1st) – The total outstanding foreign debt of the government has increased by 60% during the past decade. Economists point out, the government will have to obtain more debt, to repay the existing foreign debt. By the end of 2009, an average of US$ 1bn was paid out as foreign debt repayment annually. […]
Debt will paid using consolidated funds: Lakshman Yapa Abeywardena
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