Beyond Budget Surpluses: Making Public Expenditure Work for Sri Lanka’s External Sector

“One of the great mistakes is to judge policies and programs by their intentions rather than their results.” — Milton Friedman Author: Prof. Asoka.S.Seneviratne  Introduction: From economic stabilisation to external-sector strength Sri Lanka has made considerable progress in restoring macroeconomic stability following its unprecedented economic crisis. Fiscal consolidation, improved revenue mobilisation, debt restructuring and the […]

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