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How is the election budget spent?

The General Election is approaching, and the government expects to spend LKR 11 billion. This includes LKR 5 billion from the consolidated fund for 2024, with the remaining LKR 6 billion to be charged in next year's budget. This represents a 93% increase compared to...

The price of parliament- What does it look like?

In 2022, the most recent year with detailed data, Sri Lanka spent LKR 3,248 million on operating its parliament—an average of LKR 32.2 million per sitting. This expenditure, divided across three key categories, covered everything from...

Poor transparency in large scale infrastructure projects

Section 9 of the RTI Act No. 12 of 2016 mandates the Minister responsible for an infrastructure project to disclose project information. The information should be proactively disclosed for foreign and locally funded projects exceeding USD 10...

Economic Transformation Act's 2.3% Primary Balance Target: Can Sri Lanka Succeed Where It Has Only Once in 74 Years?

The Economic Transformation Act (ETA), enacted recently, sets out five targets related to the fiscal management of the government to be achieved in the coming years. , These targets, mentioned below, are aimed at ensuring fiscal discipline a...

Total SOE Losses in the first four months of 2022 Outweigh Annual Losses in 2021

During the first four months of 2022 the cumulative loss of State-Owned Enterprises (SOEs) amounted to LKR 860 BN. This figure outweighs the annual loss of SOEs in 2021. The top 3 contributors to the increase of the...

Government Expenditure from 2012-2021

Government Expenditure increased by 126% over the past decade. Expenditure increase by LKR 59 BN in 2021.

How did the government finance its expenditures in 2021?

The infographics provides details on government expenditure and the ways in which it was financed in 2021.