Government Rejects Claims of Falling Reserves, Cites USD 6.8bn Holdings

Date:

February 03, Colombo (LNW): The Government has dismissed claims that Sri Lanka’s foreign reserves have declined, asserting instead that holdings rose to US$ 6.8 billion by the end of 2025.

Deputy Minister of Economic Development Nishantha Jayaweera made the clarification in Parliament today while responding to a question raised by MP Dayasiri Jayasekara. The MP contended that reserves stood at around US$ 6 billion when the National People’s Power administration assumed office and have since slipped below that level.

Rejecting the assertion, the Deputy Minister told the House that official figures show a steady improvement in reserve levels, reaching US$ 6.8 billion as at December 31, 2025. He added that the increase reflects tighter fiscal management and improved inflows over the past year.

The exchange came amid ongoing parliamentary debate over the state of the economy and the government’s handling of external finances, with officials maintaining that recent data points to gradual stabilisation rather than deterioration.

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