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Money printing increases by LKR 29.882 BN, passes LKR 1.8 TN

Government of Sri Lanka’s (GoSL’s) face value money printing (FVMP) debt breached the Rs 1.8 trillion barrier yesterday, increasing by Rs 29,882 million (1.68 per cent) to Rs 1,804,400.94 million (Rs 1.8044trillion) due to a lack of revenue. GoSL’s FVMP debt has been over Rs one trillion for a record 79 consecutive market days to yesterday.

Ceylon Today