Cabinet Co-Spokesman and Minister Bandula Gunawardane says decision taken due to urgency of additional payments worth Rs. 663 bAsserts downward economic growth does not augur well for tax collectionGuarantee bonds for State contractors handling projects worth over Rs. 100 mBy Charumini de Silva The Cabinet of Ministers approved an additional Rs. 663 billion in borrowing capacity on Monday, pushing this year’s Government’s total credit ceiling to over Rs. 4,500 billion. “For the year 2022, the credit limit approved by the Parliament was Rs. 3,844 billion. However, considering the urgency of the…