Senior management at the Ministry of Finance and CBSL to approve a Medium-Term Debt Strategy (MTDS) for 2019-23, which (i) quantifies the main risks of Sri Lanka’s public debt portfolio; (ii) specifies an appropriate currency and maturity composition of debt issuance and a strategy to achieve it; (iii) presents debt issuance options based on cost-risk tradeoffs; (iv) is consistent with monetary and fiscal policy objectives; and (v) covers both debts and guarantees.
Introduced at R4. The MTDS, prepared by a joint CBSL-MOF taskforce, with IMF and WB support, was approved on April 5, 2019.