President Anura Kumara Dissanayake has assured that the Government has sufficient liquidity and financial capacity to meet Sri Lanka’s foreign debt servicing obligations over the next two years.
Delivering the 2027 Budget speech in Parliament today (12), the President said the country’s foreign debt repayment requirements for 2027 and 2028 would be lower than the amounts serviced in 2025 and 2026.
He revealed that Sri Lanka had serviced USD 3,707 million in foreign debt in 2025, while the payment requirement for 2026 stood at USD 3,591 million.
According to the President, the Government will need USD 2,986 million for foreign debt servicing in 2027 and USD 3,674 million in 2028.
Responding to concerns raised by certain parties regarding the Government’s ability to meet its financial obligations, Dissanayake said the necessary liquidity and financial capacity were available to fulfil the country's external debt commitments during the next two years.
He also expressed confidence in the Government's ability to meet these obligations while continuing its economic recovery programme.
President Dissanayake began delivering the 2027 Budget speech in Parliament at 1.40 p.m. today.
The 2027 Budget is the third Budget presented by the National People's Power (NPP)-led Government. The Cabinet of Ministers approved the Budget proposals earlier today.
