Sri Lanka May Cut Amount of Rupee Debt Foreigners Can Purchase
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Sri Lanka may reduce the amount of government rupee debt available to foreign buyers to channel more overseas funds into private companies, Central Bank Deputy Governor Dharma Dheerasinghe said.
“We want there to be a shift from government debt to corporates issuing debt and subscriptions coming from outside,” Dheerasinghe said in an interview in Colombo yesterday. “We are also now more focused on foreign direct investment and trade inflows.”