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2.5 Negative Revenue Expenditure Gap ➤Sri Lanka has a higher Negative Revenue Expenditure Gap compared to peer countries. Percentage 35.0 30.0 25.0 20.0 15.0 10.0 5.0 00 0.0 India Indonesia Malaysia Chart 15 Government Revenue to GDP Ratio Pakistan M Philippines Country/Region Sri Lanka Thailand Asia 00 1.0 0.0 Revenue GDP Gap -1.0 -2.0 -3.0 -4.0 -5.0 -6.0 -7.0 -8.0 Revenue to GDP Ratio (percentage) Revenue Expenditure Gap (percentage) Expenditure to GDP Ratio (percentage) Source: Annual Report 2016, Central Bank of Sri Lanka DEBT MANAGEMENT AND SUSTAINABILITY STRENGTHENING LIABILITY MANAGEMENT - SRI LANKAN PERSPECTIVE · සංකා මහා ද ශ්‍රී ලංකා මහ බැංකුව இலங்கை மத்திய வங்கி CENTRAL BANK OF SRI LANKA 16

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