Press briefing of Cabinet Decision taken on 2012-07-04

Mid Year Fiscal Position Report - 2012

- in keeping with the provisions of the Fiscal Management (Responsibility) Act No.3 of 2003, H.E. the President in his capacity as the Minister of Finance and Planning submitted the above Report to the Cabinet. This Report contains information on government revenue, expenditure, cash flow activities and borrowings within the first four months of the year. This also contains data on economic performance, price developments, foreign financing, government debt and external sector performance. Cabinet approval was granted to submit the Report to Parliament.