Rs. 1,559.7 billion had been paid in the first eight months of 2024 as interest for domestic and foreign borrowings, said the finance ministry.
For the same period in 2023, the figure stood at Rs. 1,525.7 billion.
Comparatively, domestic interest payments this year saw a 34.9 per cent increase.
Interest payments in lieu of foreign debt rose from Rs. 74.1 billion to Rs. 100 billion following the resumption of interest payments for multilateral loans, said the ministry.
Furthermore, the volume of domestic loan interest increased 0.6 pc from Rs. 1,451.6 billion to Rs. 1,459.7 billion.
The ministry has estimated the total interest payments for the current year to be at Rs. 2,650 billion, according to adaderana.lk.
