Investor Presentaiton

3.1 Revenue based Fiscal Consolidation The government is committed sturdily towards implementing revenue based fiscal consolidation measures, recognising the persistently low revenue mobilisation, which leads to high budget deficits, as the root cause of fiscal imbalances experienced during last several decades in Sri Lanka. Revenue based fiscal consolidation will expand the fiscal space and allow the government to accommodate mandatory recurrent expenditure while financing public investment programmes, without prejudice to the sustainability of the government's financial position. ➤ Moreover, enhanced revenue collection eases the need for increased foreign commercial borrowings, thereby easing the pressure on the exchange rate to depreciate. DEBT MANAGEMENT AND SUSTAINABILITY STRENGTHENING LIABILITY MANAGEMENT - SRI LANKAN PERSPECTIVE 5සංකා ශ්‍රී ලංකා මහ බැංකුව இலங்கை மத்திய வங்கி CENTRAL BANK OF SRI LANKA 19

View entire presentation