🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Sri Lanka's 2016 expenditure seen at 3.14 trln rupees

Published 2015-10-08, 06:20 a/m
© Reuters.  Sri Lanka's 2016 expenditure seen at 3.14 trln rupees

COLOMBO, Oct 8 (Reuters) - Sri Lanka's 2016 total
expenditure is estimated at 3.14 trillion rupees ($22.36
billion) while the total revenue, including foreign grants, is
estimated at 1.79 trillion rupees, Cabinet Spokesman Rajitha
Senarathne said on Thursday.
Senarathne said the Finance Minister sought the approval of
the cabinet of ministers to present the appropriation bill for
2016 to Parliament on Oct. 23.
The budget document seen by Reuters showed that the Indian
ocean island nation's total borrowing requirement from both
foreign and domestic sources was estimated at 1.35 trillion
rupees.
($1 = 140.4000 Sri Lankan rupees)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.