Fiscal Policy for Growth: Sustainable Financing for Development
Lanka, Institute of Policy Studies of Sri | October 2016
Abstract
Sri Lank's public fiances are at a perilous state. Already weakened by years of low revenue growth and high external debt to fund a public investment-led growth process, systemic weaknesses coalesced in 2015 to put the country on the cusp of falling into a public debt triggered economic crisis. A ballooning fiscal deficit and excessive public debt accumulation has resulted in a rising debt service burden; the conduct of monetary policy and exchange rate management has been compromised in attempts to deal with the fallout of funding the fiscal deficit gap.
Citation
Lanka, Institute of Policy Studies of Sri. 2016. Fiscal Policy for Growth: Sustainable Financing for Development. © Institute of Policy Studies of Sri Lanka. http://hdl.handle.net/11540/7083. License: CC BY 3.0 IGO.Keywords
Taxation
Public Debt
Local Government
Debt Management
Pension Funds
Mutual Funds
Social Equity
Financial Aspects
Fiscal Policy
Finance
Public Finance
Governance
National Budget
Budgetary Policy
Educational Budget
Public Financial Management
Financial System
Financial Statistics
Local taxation
Options
Government
Local government
Taxation
Employee pension trusts
Investment management
Investments
Multiemployer pension plans
Keogh plans
Individual retirement accounts
Pension plans
Employee pension trusts
Pension trusts
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