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Estimated govt. expenditure for 2021 is Rs.3,525bn; deficit Rs.1,564bn

2 years ago

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Prime Minister Mahinda Rajapaksa said the estimated government expenditure for the year 2021 is Rs. 3,525 billion. He said the estimated revenue for the year 2021 is Rs. 1,961 billion and as such the difference between the revenue and the expenditure is Rs. 1,564 billion. “It is planned to maintain the budget gap at 9 percent of the GDP since the private investments which amounted to 32.3 percent of the GDP in 2014 has decreased up to 27.6 percent in 2019, and since it is required to provide a robust start by the government to revive the economic growth which had stagnated recently,” he said.

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