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dc.contributor.authorEcon Team
dc.date.accessioned2024-10-03T10:22:39Z
dc.date.available2024-10-03T10:22:39Z
dc.date.issued2024-01
dc.identifier.urihttps://archive.veriteresearch.org/handle/456/6960
dc.descriptionThis infographic was posted on the Public Finance Platform in English.en_US
dc.description.abstractThe Fiscal Management Report 2024 published by the Ministry of Finance, shows that the Primary Balance improved from LKR -317 Bn in 3rd quarter 2022 to a positive LKR 124 Bn in 3rd quarter 2023. The Budget Deficit, however, worsened from LKR -1,244 Bn to LKR -1,614 Bn, this can be explained by rising interest costs. Interest costs alone increased significantly from LKR 927 Bn in 3rd quarter 2022 to LKR 1,737 Bn in 3rd quarter 2023.en_US
dc.language.isoenen_US
dc.publisherColombo: Verité Researchen_US
dc.relation.ispartofseriesPublic Finance Infographics;
dc.subjectPublic finance - Government budgeten_US
dc.subjectPublic finance - Government revenueen_US
dc.subjectPublic finance - Interest paymentsen_US
dc.subjectPublic finance - Government expenditureen_US
dc.subjectPublic finance - Government budget deficiten_US
dc.titlePrimary and Budget Balances move in opposite directions as interest payments increase!en_US
dc.typeInfographicsen_US


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