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Expenditure
Insights and analysis of government expenditure.
The Cost of Inflation: Sustaining 2015 Consumption in 2023
Sri Lanka's is set to experience a 160% increase in nominal GDP from the 2015 levels of LKR 11.6 trillion as projected nominal GDP for 2023 estimated at LKR 30.3 trillion. However, while the real GDP in 2023 remains relatively unchanged from the 2015 levels, the doubling of nominal GDP h...
From The PF Wire
Source:
Daily Mirror
SL will soon need to cut down number of state sect...
Sri Lanka plans to downsize its public sector workforce from 1.3 million to 750,000 employees due to fiscal constraints, aiming to enhance efficiency through rationalisation, competitive salaries, and digitalisation whi...
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Source:
Ceylon Today
Govt to table Supplementary Estimate of Rs 200B
The Government is planning to table a Supplementary Estimate of Rs 200 billion in Parliament shortly, with the aim of getting it passed to control the spread of COVID-19 pandemic as well as to look after State-related expenses....
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Source:
Daily Mirror
Namal says project to establish 500 outdoor gyms o...
Amidst mounting criticism against the government for allocating a staggering Rs.625 million to establish 500 outdoor fitness centres amidst the rapid spread of the COVID-19 pandemic, Sports and Youth Affairs Minister Namal Rajapaksa yesterday said these monies could be...
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Insight on Expenditure
New Year “Kevili” Table Costs 7 Percent...
The cost of preparing a traditional kevil...
Tax concessions account for half of the...
All sorts of tax concessions (reported as...
Government introduces new expenditure an...
On 05 December 2024, the government prese...
How is the election budget spent?
The General Election is approaching, and the government expects to spe...
The price of parliament- What does it lo...
In 2022, the most recent year with detail...
Poor transparency in large scale infrast...
Section 9 of the RTI Act No. 12 of 2016 m...
Economic Transformation Act's 2.3% Prima...
The Economic Transformation Act (ETA), en...
2023 Budget’s expenditure limit overshot...
The Ministry of Finance Annual Report, re...
2023 government expenditure surge matche...
Government spending increased by 20% in 2...
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Featured
Expected GDP Outcomes: Budget 2024
The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.
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National Budget Process in 60 Seconds!
The video below describes the National Budget process from planning to oversight. There are 4 steps to the whole process and is carried out between January and December.
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Sri Lanka’s government education spending is the l...
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for educatio...
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