Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again (see table below).      

24 expenditure proposals and 5 regulatory proposals were tracked in this assessment. Expenditure proposals refer to those proposals that involve capital expenditure by the government distributed across ministries etc. Regulatory proposals re...

The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase a...