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How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
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Cabinet approves international sovereign bond restructuring
Sri Lanka’s Cabinet approved the restructuring of $14.2 billion in international sovereign bonds by swapping existing bonds for new ones, aligned with the IMF's debt sustainability analysis, following agreemen...
2024-11-27
The Morning
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Rs1.5B for home shops for women enterprises
Cabinet approved the setting up of a network of home shops for women enterprises. Rs 15,000 million has been allocated from the Budget 2022, set up a home shop network for women entrepreneurs to create ‘one women entrepreneur to one vi...
2022-02-16
Ceylon Today
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EPF & ETF will not be subjected to Surcharge Tax: Finance Minister Basil Rajapaksa
Finance Minister Basil Rajapaksa has informed the Cabinet of Ministers that the Employees Provident Fund and the Employees Trust Fund are not included in the 2022 budget proposal regarding the imposition of a 25% surcharge tax on individuals...
2022-02-14
LBO
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Sri Lanka 2021 imports surge to 20.6bn amid controls, forex ‘shortages
Sri Lanka’s imports surged to 2.2 billion US dollars in December 2022 from around 1.6 to 1.7 billion US dollars in earlier months, while full year imports rose to 20.6 billion dollars, higher than the 19.9 billion US dollars in the pre...
2022-02-11
EconomyNext
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Sri Lanka 2021 imports surge to 20.6bn amid controls, forex ‘shortages
Sri Lanka’s imports surged to 2.2 billion US dollars in December 2022 from around 1.6 to 1.7 billion US dollars in earlier months, while full year imports rose to 20.6 billion dollars, higher than the 19.9 billion US dollars in the pre...
2022-02-11
EconomyNext
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