Year 2024 Fiscal PositionPresident: Anura Kumara Dissanayake

Sri Lanka Debt Dossier 2024

Bilateral debt treatment MoUs signed with OCC (Japan/India/France) and China Exim; ISB restructuring agreed in principle.

Total Debt StockRs. 30,120 B

USD Equivalent$100.4 B

Debt / GDP %108.5%

Interest / Revenue56.4%

Inherited Debt Disclaimer

IMPORTANT: Government debt is cumulative. Outstanding public debt in any given year includes borrowing accumulated across all prior administrations. Inheriting existing debt is distinct from issuing new net borrowings.

Political & Fiscal Leadership (2024)

Executive President:Anura Kumara Dissanayake
Prime Minister:Harini Amarasuriya
Minister of Finance:Anura Kumara Dissanayake
Population (Est):22.1 Million

Why Debt Changed in 2024

Conclusion of bilateral creditor negotiations provided grace periods on principal repayments through 2028.

Major Borrowing / Credit Events:

OCC Bilateral Restructuring Agreement
China Exim MoU on $4.2B Debt Line

Authoritative Verification Sources

MOF Debt Bulletin 2024(OFFICIAL_GOVERNMENT)

Verify at www.treasury.gov.lk