Tag: Primary & Budget Balances move in opposite directions as interest payments increase
Primary & Budget Balances move in opposite directions as interest payments increase
The Fiscal Management Report 2024 published by the Ministry of Finance, shows that the Primary Balance improved from LKR -317 Bn in the 3rd quarter of 2022 to a positive LKR 124 Bn in the 3rd quarter of 2023, as reported by publicfinance.lk. The Budget Deficit, however, worsened from LKR -1,244 to LKR -1,614, this […]