Tag: Cabinet approves Appropriation Bill 2019; budget deficit 4.8-pct of GDP

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Cabinet approves Appropriation Bill; budget deficit 4.8-pct of GDP

Jan 08, 2019 (LBO) – Sri Lanka’s Finance Ministry said the approval of the cabinet was granted to the Appropriation Bill 2019, submitted by the Finance Minister, Mangala Samaraweera. Accordingly, this year’s state expenditure will be 4,470 billion rupees and the budget deficit will be 4.8 percent of the GDP. The State revenue which was […]