Budget deficit expected to widen to 8.5% of GDP to Rs.1.4 tn in 2020 - Vigasapuwath 24x7

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Saturday, June 6, 2020

Budget deficit expected to widen to 8.5% of GDP to Rs.1.4 tn in 2020

COLOMBO (News1st): Sri Lanka’s budget deficit is expected to widen in 2020 to 8.5 percent of GDP against 6.8 percent last year, much higher than the IMF’s projection of 5.3 percent. Sri Lanka’s overall budget deficit in 2020 is estimated to increase by 325 billion rupees to 1.4 trillion rupees in 2020, which is an […]

Budget deficit expected to widen to 8.5% of GDP to Rs.1.4 tn in 2020

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