Sri Lanka Budget underscores state commitment to IMF programme: Moody

News

Sri Lanka’s 2025 budget demonstrates the government’s commitment to its IMF programme, in particular with the primary surplus target and introduction of additional sources of revenue to make up for shortfalls due to tax policy adjustments, Moody’s Rating said in a statement on Tuesday.

“However, the budgeted expenditure is higher than we have previously forecast – albeit due to higher interest payments – and will likely result in a wider fiscal deficit for 2025 and slower path of fiscal consolidation than our previous estimates. The budget underscores the challenge that Sri Lanka’s fiscal authorities will continue to face because of its still weak debt affordability, still narrow revenue base, and underlying social constraints," said Christian Fang, Vice President - Senior Analyst, Moody's Ratings.

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

August 22, 2025

- 359 - 0

Sri Lanka’s Best Chef of the Year Joins Mount Lavinia Hotel

August 20, 2025

- 245 - 0

Kites from 25 nations to paint the skies at Galle Face this weekend

August 22, 2025

- 239 - 0

Ranil W. remanded till August 26

Former President Ranil Wickremesighe was remanded till August 26 by Fort Magistrate Nilupuli Lankapura a short while ago.

August 22, 2025

- 206 - 0

Ranil Wickremesinghe arrested

Former President Ranil Wickremesinghe was arrested by the CID this afternoon in connection with the misuse of public funds.

August 23, 2025

- 159 - 0

Understanding the leadership style of Benjamin Netanyahu

August 25, 2025

- 154 - 0

Young professionals call public to show solidarity with Ranil

Young professional from political parties today called on youth to rally round to show solidarity with former President Ranil Wickremesinghe, after claiming that the arrest of the former leader was political vengeance by the NPP government.