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Public deficit widens in first quarter of 2020

Public deficit widens in first quarter of 2020

Posted By: Editorial Teamon: June 16, 2020In: BUSINESS, ECONOMY, MARKETINGNo Comments

The fiscal deficit for the first three months of 2020 has almost doubled compared with the same period of last year. Total deficit has jumped from LL1.3 trillion to LL2.4 trillion. When expressed in contemporaneous foreign currency exchange rates, the deficit would have widened by 12 percent when calculated in dollars. During the first quarter […] Read more

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