City
Epaper

Sri Lanka's domestic debt optimisation programme passed in parliament

By IANS | Updated: July 2, 2023 00:40 IST

Colombo, July 2 Sri Lanka's domestic debt optimisation programme was passed by a majority vote, the parliament's media ...

Open in App

Colombo, July 2 Sri Lanka's domestic debt optimisation programme was passed by a majority vote, the parliament's media unit said.

The media unit added that the programme was passed with amendments, and 122 parliamentarians voted in favour of it, while 62 voted against it.

Before being presented in Parliament, the domestic debt optimisation programme was approved by the Parliament's Committee on Public Finance on Friday and by the cabinet of ministers on Wednesday.

Sri Lanka's total debt is around $83.6 billion, according to official data. Foreign debt amounts to $41.6 billion, Xinhua news agency reported.

Out of the domestic debt, $25 billion are in treasury bonds, $11 billion in treasury bills, $5.6 billion in development bonds and the rest has been taken from various institutions, mainly the Employment Provident Fund.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Sri LankaParliament's committee on public financeparliamentcolomboEuropean ParliamentMember Of ParliamentChaminda Vaas Of Sri LankaParliament HouseLower House Of The ParliamentMember Of Parliament Of KadapaLower House Of ParliamentSri Lanka World
Open in App

Related Stories

CricketSri Lanka U-19 Cricketers Arrested for Allegedly Filming Women in Hotel Bathrooms in Colombo

InternationalSri Lanka Orders Shorter Work Week, Promotes Remote Work to Tackle Fuel Shortage as West Asia War Leads to Crisis

Entertainment“I Love Reading Books by the Beach”, Poonam Pandey Reveals Her Exotic Birthday Celebration Plans in Sri Lanka!

CricketGary Kirsten Appointed Sri Lanka Men’s Team Head Coach After Sanath Jayasuriya Steps Down

CricketEngland Beat New Zealand by 4 Wickets in Super 8 Clash To Keep Pakistan’s T20 World Cup 2026 Semifinal Hopes Alive (VIDEO)

International Realted Stories

InternationalNordic nations condemn Pahalgam, Red Fort terror attacks at Oslo Summit; vow stronger anti-terror cooperation in joint statement with India

InternationalIndia, Nordic nations stress on WTO's central role, maritime security cooperation at Oslo Summit

InternationalInvestment from Nordic countries in India increased by nearly 200% in last decade: PM Modi

InternationalWill focus on strengthening cooperation between India and Italy: PM Modi upon arrival in Rome

InternationalUS Imposes Fresh Sanctions on Iran-Linked Exchange Firms, Oil Vessels Under ‘Economic Fury’