Sri Lanka’s Debt Addiction Deepens: Treasury Bill Binge Raises Alarm Over Fiscal Conduct
Economic Analyst for The Capitalist Colombo, April 17, 2025 —In a move that highlights the government’s growing dependence on short-term debt, Sri Lanka’s state debt office announced the sale of 33 billion rupees in Treasury bills offered “on tap,” following a 62.4 billion rupee auction