Obtaining such a massive amount of loans within the first six months will leave serious problems with regard to state expenses in the remainder of the year, economists say.
According to 2017 budget presented by former finance minister Ravi Karunanayake, the maximum local and foreign borrowings for the year are Rs. 1,579 billion.
Of that amount, Rs. 1,250 billion had been obtained already, with just Rs. 325 billion left, which is wholly inadequate for the remaining six months, economists add.