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Interest Cost Accounts for 71.7 percent of Government Revenue

The domestic and foreign interest payments as a share of revenue from 2001 to 2020 is provided below. There was a large spike in the interest to revenue ratio in 2020. The increase is mainly due to the lower revenue collected in 2020. Revenue decreased from LKR 1,891 billion in 2019 to LKR 1,368 billion in 2020. There was also an increase in the interest payments from LKR 901 billion to LKR 980 billion.

2020-11-17
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