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Tuesday, 30 July 2013 - 11:27
Sri Lanka hopes to move to budget deficit of 4.0-pct of GDP
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Treasury Secretary P B Jayasundera said Sri Lanka is hoping to cut the budget deficit to 4 percent of gross domestic product and generate a 2 percent revenue surplus.

Sri Lanka ran a 6.4 percent of gross domestic product overall deficit in the budget in 2012 and a 1.4 percent revenue deficit before capital spending.

In 2013 the overall budget deficit is planned to be 5.8 percent of gross domestic product with 0.1 percent marginal revenue deficit.

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