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Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
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IMF says debt deal key to restoring debt sustainability
Sri Lanka has signed agreements with China and other creditor nations to restructure approximately US$10 billion in bilateral debt, a significant step towards restoring debt sustainability, according to the IMF. The cou...
2024-06-28
Daily Mirror
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IMF says debt deal key to restoring debt sustainability
Sri Lanka has signed agreements with China and other creditor nations to restructure approximately US$10 billion in bilateral debt, a significant step towards restoring debt sustainability, according to the IMF. The cou...
2024-06-28
Daily Mirror
Read More
SL concludes debt restructuring agreements
Sri Lanka has finalized comprehensive debt restructuring agreements with key bilateral creditors, including the Official Creditor Committee and China Exim Bank, valued at USD 10 billion.
2024-06-27
Daily News
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SL to implement imputed rental income tax in 2025
Sri Lanka will implement an Imputed Rental Income Tax in Q2 2025, targeting owners of multiple unoccupied homes to increase state revenue by 0.2% of GDP in 2025 and 0.4% in 2026.
2024-06-27
The Morning
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CBSL predicts positive economic growth this year
Sri Lanka is expected to record positive annual economic growth in 2024 for the first time since the economic crisis. ...
2024-06-25
The Island
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