The Hon. (Dr.) Anil Jayantha
Hon. (Dr.) Anil Jayantha stated that the necessary provisions are contained in the Public Financial Management Act and that debt sustainability indicators are set out in the Annual Borrowing Plan and related documents. He said the Government’s Fiscal Strategy Statement targets reducing debt to 95 per cent of GDP by 2032, with debt sustainability analysis scenarios indicating it could approach 90 per cent. He added that further details would be provided in the corresponding statements.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Thank you, Hon. Member. All required provisions are in the Public Financial Management Act. This is the Fiscal Strategy Statement; debt sustainability indicators and the path to achieve them are in our Annual Borrowing Plan and related documents. As noted here, we aim to reach 95 per cent of GDP by 2032, and DSA scenarios suggest it could be nearer 90 per cent. The remaining details will be addressed in corresponding statements.
Provenance
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- Hansard, Monday, 30 June 2025 ·No. 1752037071094166 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 30 June 2025. No. 1752037071094166. Politick, https://staging.politick.io/lk/speeches/28075