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SL ready to pay ISB maturity: CBSL Chief

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

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