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Sri Lanka Budget Keeps to IMF Plan But Fiscals Still Weak: Fitch

Nov 14, 2017 3:19:44 AM - LBO.com
Budget 2018Nov 14, 2017 (LBO) – Fitch Ratings says Sri Lanka’s budget for 2018 sticks broadly to the targets for fiscal deficit reduction under its three-year IMF programme, which began in June 2016. However, high government debt and the large cost of debt servicing weigh heavily on Sri Lanka’s credit profile and will require sustained fiscal […]