Public spending composition key to economic growth in Sri Lanka.
The article in Staff Studies journal from the Central Bank of Sri Lanka explores how the types of public spending affect economic growth in Sri Lanka. The researchers looked at different areas where the government spends money and how it impacts the country's economy. They found that certain types of public expenditure can help boost economic growth, while others may not have the same positive effect. By understanding which areas of spending are most beneficial, policymakers can make better decisions to support economic growth in Sri Lanka.