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Sri Lanka’s Expenditure on COVID-19 Response is Much Lower Than its Regional Peers

According to Ministry of Finance, Sri Lanka has incurred a total of LKR 117.5 billion in 2020 and LKR 53.0 billion during Jan-June of 2021 as expenses on the country’s COVID-19 response.

How does the supplementary estimate of LKR 200bn on control of the covid epidemic change the budgeted figures for 2021 ?

The supplementary estimate of Rs. 200 billion submitted by the government for the control of the Covid epidemic and other urgent needs was passed in Parliament on 23rd June 2021. This will lead to an increase in the budgeted expenditure and...

The government spent only 6% of the Itukama COVID-19 fund balance

On the 23rd of March 2020, President Gotabaya Rajapaksha initiated the “Itukama” COVID-19 Healthcare and Social Security Fund. The fund’s purpose was to “strengthen the mitigation activities aimed at controlling the s...

Sri Lanka’s COVID-19 relief compared to selected regional peers

In March, the Government of Sri Lanka announced a Rs.5,000 handout to vulnerable communities affected by COVID. How do Sri Lanka’s efforts compare to fiscal spending on the vulnerable by regional peers?