According to this report, unpaid debt from April 12, 2022, to April 30, 2024, is $6,020 million. Te unpaid interest during this period amounts to $2,586 million.

Secretary to the Ministry of Finance, K. M. Mahinda Siriwardena, stated that the mid-year fiscal performance report was submitted to Parliament under Article 10 of the Fiscal Management (Responsibility) Act No. 3 of 2003.

According to the government’s fiscal policy, one objective of presenting such a report is to provide updated information on the government’s fiscal activities, the Secretary of Finance mentioned.

The total gross borrowing limit approved by Parliament for the year 2024 amounted to Rs. 7,350 billion, including provisions made for the execution of external debt restructuring and financing of bank recapitalisation during the year.