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Budget 2023
Detailed analysis of the 2023 Budget
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.
From The PF Wire
Source:
Daily News
Economy witnessed gradual revival in 2023 – CBSL
The Central Bank of Sri Lanka reported a gradual economic revival in 2023, following the country's most severe post-Independence downturn.   Th...
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Source:
Sunday Times
New tax hike hurts high income earners
The Government’s desperate move of increasing income tax to a very high level under the new tax reforms fulfilling one of the commitments for the US$2.9 billion IMF extended fund facility has hit hard the high income earners and professionals below the belt.
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Source:
Sunday Times
Treasury orders ministries to further reduce budge...
The Finance Ministry has issued a fresh circular, directing ministries to further slash their budgets by six percent... https://www.sundaytimes.lk/230122/news/tre...
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Insight on Budget 2023
Where's the promised land?
Land access has been identified as a cruc...
Does Sri Lanka Need More Rules or Better...
The government of Sri Lanka proposed introducing a new law to establish stronger rules on public...
Expenditure Proposals from the 2023 Budg...
The following infographics present some of the key expenditure proposals presented in the 2023 Bu...
Sectoral Allocations for the 2023 Budget
Sectoral allocations from the 2023 Budget, ranging from defence to water and sanitation
Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of L...
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget...
Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to pr...
Highlights from the Appropriation Bill f...
The Appropriation Bill for 2023 was presented to Parliament on the 1...
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Featured
Sri Lanka Met 33 IMF Commitments and failed 8 by e...
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool lau...
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Exceptionalism of Domestic Debt Restructuring in S...
Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF staff report t...
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The Rise Of The Zombie Firms: The Problem With Rec...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the Univers...
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