Sri Lanka plans 16pc increase in borrowing in 2018
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Sri Lanka plans 16pc increase in borrowing in 2018

COLOMBO: Sri Lanka plans to increase its overall government borrowing by 16 percent in 2018 to 1.8 trillion rupees ($12 billion), a document showed on Wednesday. Finance Minister Mangala Samaraweera has also sought cabinet approval for spending of 3.98 trillion rupees next year, up 10.5 percent from its estimate for this year, government data showed.

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