The concept of budget deficit has become a major social and political issue. Fiscal policy and its indicators play an important role in the design and execution of fiscal policies by the government of many countries. The main purpose of the study is to find out the impact of fiscal deficit on...

The study attempts to examine the effect of fiscal deficit and government debt on interest rates in Sri Lanka over the period of 1977–2018 by using Unrestricted Vector Auto Regression (UVAR) Analysis. The results reveal that there is no significant effect of fiscal deficit and government debt...