The fiscal deficit for 2018 increased to $6.2 billion from $3.8 billion in the previous year driven by a surge in expenditure and stagnation in revenue growth, according to the Ministry of Finance (MoF).
The MoF released the figures for this year's annual budget three months later than scheduled.
The deficit represents nearly 11 percent of GDP according to the World Bank's GDP estimates for 2018.
Total expenditure jumped 16 percent to $16.4 billion.
More than one thi...
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