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Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
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Expenditure
Expenditure
Insights and analysis of government expenditure.
Defence Sector Claims Nearly Half of State Salaries
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023.
From The PF Wire
Source:
Daily News
Govt sector salary increase between 24% to 50 % in...
Substantial salary increases for public servants, ranging from 24% to 50%, along with performance-based increments and benefits, effective from January 2025. &nbs...
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Source:
Economy Next
Sri Lanka consumer prices up 3.1-pct over 19-month...
Sri Lanka's inflation rate was 1.5 percent in April 2024, as per the Colombo Consumer Price Index (CCPI) data from the state debt office. The food price index notably dropped by 4.6 pe...
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Source:
Ceyon Today
Fuelled by Lanka IOC price hike : CPC Losses Doubl...
"The losses incurred by the Ceylon Petroleum Corporation (CPC) have more than doubled following Lanka IOC raising fuel prices last Monday, CPC Chairman Sumith Wijesinghe said. He added if the prices for February remain unchanged for the...
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Insight on Expenditure
The government spent only 6% of the Ituk...
On the 23rd of March 2020, President Gota...
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Government Expenditure of Women’s Develo...
The 08th of March 2021 was International Women’s Day. How much has the gove...
Ministers and State Ministers – Cost of...
Did you know that the cost of maintaining an office for a cabinet and...
Interest Cost Accounts for 71.7 percent...
The domesti...
Sri Lanka’s Budget Cycle
A government budget is its annual financial statement containing expected revenue and expenditure...
New Government Recruitment Schemes: An i...
The Government has recently pledged to hi...
Allocation of Government Expenditure fro...
The Vote on Account from September to December was passed on the 28th of August 2020....
Background on Vote on Account
Today, 28 August 2020, is the last day of the debate in the Parliament...
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Featured
The EPF is the Single Largest Holder of Government...
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefit...
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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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Sanitary Napkins: Subjected to Unreasonably High T...
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and gol...
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