Sri Lanka budget deficit 3.9-pct of GDP up to April 2013

Tuesday, 02 July 2013 - 12:21


Sri Lanka has posted a budget deficit of 3.9 percent of gross domestic product for the first four months of 2013, against a full year target of 5.8 percent of GDP.

State revenues for the first four months was 326.6 billion rupees, up from 313.9 billion rupees a year earlier and current expenditure was 471.3 billion rupees up from 460.6 billion rupees in 2012.

The revenue deficit, or the gap in the current budget was 157.0 billion rupees up from 133.9 billion rupees.