MENU SEARCH
Tags: Sri Lanka | Finance | Economy | International

Sri Lanka Records Primary Surplus of $167 MN up to May

Sri Lanka Records Primary Surplus of $167 MN up to May

Friday, 14 July 2023

Sri Lanka's State Minister of Finance Ranjith Siyambalapitiya said on Friday that the country has recorded a primary surplus of 53 billion LKR ($167 million) up to May 2023.

Talking to journalists in Colombo, he said that this was accomplished by measures to increase revenue and strict expenditure controls, reports Xinhua news agency.

Revenues and grants grew by 38.1 per cent in the same period, compared to 2022, Siyambalapitiya said.

Meanwhile, the total tax revenue, at the same time, was 1,029 billion rupees and non-tax revenues were 91 billion LKR, Director General of the Fiscal Policy Department of the Finance Ministry Kapila Senanayake said.

© 2024 IANS. All rights reserved.

International
Sri Lanka's State Minister of Finance Ranjith Siyambalapitiya said on Friday that the country has recorded a primary surplus of 53 billion LKR ($167 million) up to May 2023.Talking to journalists in Colombo, he said that this was accomplished by measures to increase revenue...
Sri Lanka, Finance, Economy, International
104
2023-06-14
Friday, 14 July 2023
Newsmax Media, Inc.
 
TOP

Newsmax and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax India are trademarks of Newsmax Media, Inc.

NEWSMAX.IN
Real News for Real People
© Newsmax Media, Inc.
All Rights Reserved