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Now showing items 11-12 of 12
Interest payments weigh heaviest in 2022!
(Colombo: Verite Research, 2023-07-24)
The central bank's annual report for 2022 reveals that interest payments have reached their highest level. This increase in interest payments suggests a significant debt burden on the government. The ratio of interest ...
Is Maldives going down Sri Lanka's path?: Maldives is increasingly finding it difficult to cover recurrent expenditure
(Colombo: Verite Research, 2023-08-17)
Since 1983, Sri Lanka has faced the continuous challenge of its revenue falling short of covering recurrent expenditure. Subsequently, when looking at Maldives’s fiscal performance it seems to echo Sri Lanka’s trajectory. ...