Govt. exceeds borrowing limits by Rs 120 bn - Vigasapuwath 24x7

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Thursday, May 7, 2020

Govt. exceeds borrowing limits by Rs 120 bn

COLOMBO (News1st) : The government has exceeded its legal borrowing limits for the first quarter of 2020 by Rs 120 billion, a Colombo-based think tank has said. The Vote on Account, passed in October last year, allows the government only to borrow up to Rs 720 billion during this period. However, Verite Research said that […]

Govt. exceeds borrowing limits by Rs 120 bn

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