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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/08/05

Sri Lanka nominal budget deficit wider in May 2019, foreign debt down


Sri Lanka's nominal central government budget deficit has expanded in the five months to May 2019 from a year earlier, but there have surpluses at state enterprises while foreign debt has contracted amid currency appreciation, official data show. Revenues fell 1.1 percent to 778.9 billion rupees after monetary instability in 2018 led to a credit contraction and spending restraint with capital flight worsened after a political crisis in October 2018. – Economynext


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