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Defence budget for uniforms and diets alone up by LKR 75 Bn
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022. In other words 40 percent of the revenue increase from personal income tax is projected to be used solely to fund this rise in the defence budget for uniforms and diets.
Featured Insight
Defence budget for uniforms and diets alone up by LKR 75 Bn
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022. In other words 40 percent of the revenue increase from personal income tax is projected to be used solely to fund this rise in the defence budget for uniforms and diets.
Featured Insight
Defence budget for uniforms and diets alone up by LKR 75 Bn
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022. In other words 40 percent of the revenue increase from personal income tax is projected to be used solely to fund this rise in the defence budget for uniforms and diets.
Featured Insight
Defence budget for uniforms and diets alone up by LKR 75 Bn
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022. In other words 40 percent of the revenue increase from personal income tax is projected to be used solely to fund this rise in the defence budget for uniforms and diets.
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Ministry of Finance Fiscal Management Report 2022
An overview of the rationale and strategy that the Budget for the respective year is based upon. This document outlines the broad strategies upon which the Budget is formulated, and the key fiscal measures prioritized by the Government. This report is presented to Parliament on the day of the second reading of the Appropriation Bill, to explain the rationale behind the Budget presented.
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Ministry of Finance Fiscal Management Report 2020-21
An overview of the rationale and strategy that the Budget for the respective year is based upon. This document outlines the broad strategies upon which the Budget is formulated, and the key fiscal measures prioritized by the Government. This report is presented to Parliament on the day of the second reading of the Appropriation Bill, to explain the rationale behind the Budget presented.
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Ministry of Finance Fiscal Management Report 2019
An overview of the rationale and strategy that the Budget for the respective year is based upon. This document outlines the broad strategies upon which the Budget is formulated, and the key fiscal measures prioritized by the Government. This report is presented to Parliament on the day of the second reading of the Appropriation Bill, to explain the rationale behind the Budget presented.
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Ministry of Finance Fiscal Management Report 2018
An overview of the rationale and strategy that the Budget for the respective year is based upon. This document outlines the broad strategies upon which the Budget is formulated, and the key fiscal measures prioritized by the Government. This report is presented to Parliament on the day of the second reading of the Appropriation Bill, to explain the rationale behind the Budget presented.
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Ministry of Finance Fiscal Management Report 2017
An overview of the rationale and strategy that the Budget for the respective year is based upon. This document outlines the broad strategies upon which the Budget is formulated, and the key fiscal measures prioritized by the Government. This report is presented to Parliament on the day of the second reading of the Appropriation Bill, to explain the rationale behind the Budget presented.
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Ministry of Finance Fiscal Management Report 2016
An overview of the rationale and strategy that the Budget for the respective year is based upon. This document outlines the broad strategies upon which the Budget is formulated, and the key fiscal measures prioritized by the Government. This report is presented to Parliament on the day of the second reading of the Appropriation Bill, to explain the rationale behind the Budget presented.
View Report