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Sri Lanka’s Trade Gap Widens amid Soaring Debt Payments - LNW Lanka News Web
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Sri Lanka’s Trade Gap Widens amid Soaring Debt Payments - LNW Lanka News Web
By: Staff Writer June 08, Colombo (LNW): Sri Lanka’s external finances are under growing pressure, with rising interest payments and a sharply widening trade deficit straining the economy. Treasury officials revealed that Rs. 1.5 trillion had been spent on principal and interest payments during the first four months of 2025—consuming over 20% of the country’s annual borrowing limit. With Rs. 796 billion paid as interest and Rs. 352 billion on pr…
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