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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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Recent trends and developments in government expenditure on civil administration.
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The graphs below depict the Primary Balances and budget balances as a percentage of GDP for Maldives and Sri Lanka. Besides 2017 and 2018, Sri Lanka’s annual Primary Balance has consistently been a deficit with 2021 reporting the large...
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Featured
Change in Tariffs on Monthly Electricity Consumpti...
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).
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