Sri Lanka budget deficit 4.7-pct of GDP up to June, debt grows faster

Sri Lanka’s budget deficit for the six months to June 2021 was 781 billion rupees, up 6 percent from a year earlier, or 4.7 percent of projected gross domestic product, data shows, though outstanding debt was accelerating at a faster pace, partly due to monetary instability.

Sri Lanka budget deficit 4.7-pct of GDP up to June, debt grows faster | EconomyNext

economynext

2021-09-01

Related News and Insights

National consumer prices soften in March

Consumer prices in Sri Lanka, as measured by the National Consumer Price Index (NCPI), exhibited a softening trend in March. While the broader index showed a 2.5 percent increase from a year earlier, down from 5.1 percent in February, monthl...

Find Out More

Iran President to open Sri Lanka $514mn irrigation...

Uma Oya, led by Iran's FARAB engineering, combines irrigation, hydropower, and water supply, benefiting Sri Lanka's Moneragala district. It boasts 120MW hydroelectric capacity, gen...

Find Out More

IMF official: Sri Lanka’s road ahead is challengin...

Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), emphasized the importance of maintaining reform momentum for Sri Lanka's economic future during discussions held on the sidelines of the IMF/Worl...

Find Out More

View All