| dc.contributor.author | Econ Team | |
| dc.date.accessioned | 2024-10-01T11:03:42Z | |
| dc.date.available | 2024-10-01T11:03:42Z | |
| dc.date.issued | 2024 | |
| dc.identifier.uri | https://archive.veriteresearch.org/handle/456/6957 | |
| dc.description | These infographics were posted on the Public Finance Platform in English, Sinhala and Tamil. | en_US |
| dc.description.abstract | In 2023, for the first time in history, the government spent 9% of its GDP on interest payments, which took up 80% of the government revenue. A high interest-to-revenue ratio can be severely detrimental to a country's debt sustainability. This high ratio creates a need to borrow more, undermining debt sustainability and leaving limited revenue for essential government spending and investments. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Colombo: Verité Research | en_US |
| dc.relation.ispartofseries | Public Finance Infographics; | |
| dc.subject | Interest cost | en_US |
| dc.subject | Public finance - Government revenue | en_US |
| dc.subject | Public finance - Recurrent expenditure | en_US |
| dc.subject | Public finance - Capital expenditure | en_US |
| dc.subject | Public finance - Government debt | en_US |
| dc.title | Interest Costs Have Been Eating Up Revenue | en_US |
| dc.type | Infographics | en_US |
