SL ready to pay ISB maturity: CBSL Chief

Date:

Sri Lanka would be ready to make payments for the International Sovereign Bond maturity on January 22, said Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal today (10).

In a Social Media remark, the CBSL Chief noted that Sri Lanka’s imports have been increased in 2021 to US$21.6 billion from US$16.1 billion in 2020 and US$19.9 billion in 2019.

“The individuals who screamed that Sri Lanka wouldn’t be able to pay the Jan 22 ISB maturity are now screaming that we shouldn’t pay it, when we are ready to make payment,” Cabraal wrote.

He added: “At the same time, Sri Lanka’s imports increased in ’21 to $21.6 bn, from $16.1 in ’20 and $19.9 in ’19.”

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...