dc.contributor.author | Econ Team | |
dc.date.accessioned | 2023-12-29T07:51:33Z | |
dc.date.available | 2023-12-29T07:51:33Z | |
dc.date.issued | 2023-09-22 | |
dc.identifier.uri | https://archive.veriteresearch.org/handle/456/6340 | |
dc.description | This infographic was posted on the Public Finance Platform in English. | en_US |
dc.description.abstract | The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Colombo: Verite Research | en_US |
dc.relation.ispartofseries | Public Finance Infographics; | |
dc.subject | Public finance - Interest payments | en_US |
dc.subject | Primary deficit | en_US |
dc.subject | Public finance - Revenue | en_US |
dc.title | Total and primary deficits run in opposite directions | en_US |
dc.type | Infographics | en_US |