November 14, 2024
Home » Sri Lanka Prints Rs100 Billion Through Open Market Operations

3 thoughts on “Sri Lanka Prints Rs100 Billion Through Open Market Operations

  1. Since the inflation rate lay in a area of minus (-) , I dont think this effect as bad as it seems to the economy.
    Thus, a minimum plus information should alwys be in economy for being it healthy

  2. When governments run large budget deficits over a long period public debt will keep increasing. In 2023 alone the budget deficit was around 2.2 trillion LKR or 7.5 billion US dollars. Since this money can not be plucked out of thin air other avenues must be sought. The public debt debt has risen from around 80% of GDP in 2016 to 111% in 2023. Reversing this trend will take time and effort, until the governments can find a way to manage their finances effectively to eliminate or consistently reduce the budget deficits they will have to fund their deficits through other financial instruments since borrowing money from the international markets is difficult now.

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