IMF says Sri Lanka likely to miss fiscal deficit target

18 September 2015 01:37 pm - 5 - {{hitsCtrl.values.hits}}

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Sri Lanka's fiscal deficit is likely to be in the 5.5 per cent to 6 per cent range in 2015, the IMF said on Friday, higher than the official target of 4.4 per cent because of falling government revenues.

IMF mission head Todd Schneider also projected economic growth at 5.0 per cent to 5.5 per cent for 2015 lower than the government estimate of 7 per cent.

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Comments - 5

Nissanka Friday, 18 September 2015 09:27 PM

Rajapakse and Cabraal maintained an impressive growth rate of above 7 in spite so many enemies.

public Friday, 18 September 2015 09:27 PM

everything going down hill since elections. destroying economy, imposing death penalty and building a culture of witch hunts.

AR Sunday, 20 September 2015 09:38 AM

Yes, Rajapakse maintained high rates generating fake figures

Malsuriya Sunday, 20 September 2015 10:13 AM

This government good for nothing.

Abdul Sunday, 20 September 2015 03:44 PM

who owns IMF ?

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IMF says Sri Lanka likely to miss fiscal deficit target

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