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Monday, 25 November 2013 - 17:54
Sri Lanka budget good for rating says Fitch ratings.
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Fitch Ratings said the Sri Lanka's recent budget would help Sri Lanka's 'BB'' sovereign rating.

 
Fitch Ratings said It also signals a strong statement of commitment to medium-term debt reduction.

Provisional data showed that Sri Lanka is set to reduce its budget deficit to 5.8 percent of gross domestic product this year from 6.4 percent in 2012.
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