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Budget 2024
Detailed analysis of the 2024 Budget
Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
From The PF Wire
Source:
Daily Mirror
Sri Lanka faces uphill battle in meeting 2024 budg...
  Fitch Ratings expressed concerns about Sri Lanka's ambitious fiscal targets for 2024, highlighting significant risks in achieving its revenue goals and managing a wider budget deficit. Despite plans to increase revenue b...
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Source:
LBO
Budget 2024: Pragmatic Implementation & Timely Exe...
The Ceylon Chamber of Commerce views the 2024 Budget as a critical continuation of macroeconomic stabilization efforts initiated in late 2022 to address Sri Lanka's economic challenges. Acknowledging past macroeconomic mismanagement, the...
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Source:
Economy Next
Sri Lanka’s 2024 budget to see new welfare, revenu...
Sri Lanka's 2024 budget, set for presentation, emphasizes crucial IMF deficit targets for economic recovery. President Wickremesinghe faces a balancing act, tethered between IMF obligations and public sentiment. Meeting the 13.3% GDP rev...
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Insight on Budget 2024
Highlights from the Appropriation Bill f...
In the Appropriation Bill for 2024, key m...
Highlights from the Appropriation Bill f...
The Appropriation Bill for Budget 2024 in...
Highlights from the Appropriation Bill f...
The Appropriation Bill for 2024 was prese...
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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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2025 Vote on Account’s revenue gains may fall shor...
On 6 December, Parliament approved the 2025 Vote on Account, allocating funds for the first four months of the year. To understand what a Vote on Account entails, read our blog
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Government introduces new expenditure and relief t...
On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...
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