Actual debt of the government is more than the reported debt value

The CBSL has reported that the public sector debt is 109.7% of the GDP. This is the highest it has ever been in history. If we disregard the government’s undervaluation of sovereign bonds, this figure will exceed 113% of the GDP.

EXHIBIT 1: CALCULATED SRI LANKA PUBLIC DEBT 2020 AS A SHARE OF THE GDP

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