876/2020
Hon. Eran Wickramaratne,— To ask the Prime Minister and Minister of Finance,—
(a) Will he admit that—
(i) the Government of Sri Lanka has repeatedly stated that Sri Lanka had been maintaining an unblemished history since Independence of repaying debt; and
(ii) Moody’s credit rating agency has downgraded repayment ability of Sri Lanka by two levels from B2 to Caa1?
(b) Will he inform this House relating to Sri Lanka—
(i) the total value of interest and amortization payments for the years 2020, 2021 and 2022;
(ii) the total forecast budget deficit for the years 2020, 2021 and 2022;
(iii) the government’s revenue for the first, second and third quarters of the year 2020; and
(iv) the total forecast revenue for the years 2020, 2021 and 2022?
(c) Will he also inform this House—
(i) the measures to be taken by the government of Sri Lanka to avoid default; and
(ii) the impact on the economy of Sri Lanka if the government defaults on its debt?
(d) If not why?
Asked Date
2021-01-08
Asked by
Hon. Eran Wickramaratne, M.P.
Ministry
Finance
Legislature
Ninth Parliament of the D.S.R. of Sri Lanka
Session
1
Repaying Debt
Answered Date
2021-07-06
Answered by
Hon. Ajith Nivard Cabraal, M.P.
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