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Sovereign and Banking Forum:CBSL Governor highlights SL’s recurrent expenditure

1_IndrajitAddressing the Sovereign and Banking Forum hosted by Fitch Ratings, Governor of the Central Bank Indrajit Coomaraswamy stated that Sri Lanka has been living beyond its means with recurrent expenditure higher than revenue. He stated that Sri Lanka has been able to sustain this only because of concessional loans from World Bank and Asian Development […]

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