Sri Lanka guaranteed debt for state enterprises is forecast to reach Rs. 1,080.18 billion by end-2025, according to the Finance Ministry.
Sri Lanka guaranteed debt linked to state-owned enterprises is forecast to reach Rs. 1,080.18 billion by the end of 2025, according to the Ministry of Finance.
The figure appears in the Fiscal Strategy Statement submitted for 2027. It highlights the scale of outstanding debt backed by government guarantees across major state institutions.
According to the report, the projected debt represents approximately 3.59 percent of the country’s average Gross Domestic Product over the past three years.
The largest outstanding guaranteed debt belongs to the National Water Supply and Drainage Board. Its unpaid obligations stand at Rs. 237.69 billion.
Meanwhile, the Road Development Authority has Rs. 209.46 billion in outstanding debt that remains to be repaid.
The report also records Rs. 201.94 billion in unpaid guarantees provided to the Central Bank of Sri Lanka.
Together, the outstanding liabilities associated with these three major institutions account for approximately 60 percent of the total unpaid government-guaranteed debt, according to the Ministry of Finance report.
The figures underline the scale of the government’s exposure through guarantees extended to major state institutions. With the total projected to reach Rs. 1,080.18 billion by the end of 2025, Sri Lanka guaranteed debt remains a significant component of the country’s wider public finance picture.
