Sri Lanka Rating Downgrade News

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Fitch, S&P downgrade Sri Lanka as political crisis dents confidence

Fitch and S&P cut their ratings by one notch to B from B+, following Moody's, which downgraded the island nation on November 20

2 min read4 Dec 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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