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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:
The Morning
SL pays Rs. 1,559.7 b in interest payments
Sri Lanka's interest payments on foreign and domestic debt reached Rs. 1,559.7 billion in the first eight months of 2024, a 2.2% increase from Rs. 1,525.7 billion in the same period of 2023. ...
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Source:
Economy Next
Energy Minister reveals the main reasons for CPC l...
Power and Energy Minister Kanchana Wijesekara in a Twitter message on August 5 said that there are multiple reasons for the CPC to operate under losses, with selling at subsidized rates, rupee depreciation, dues from government-owned institu...
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Source:
Daily Mirror
Govt. prepares for austerity measures; no decision...
Although the government is yet to reach a definite decision whether to go to the International Monetary Fund (IMF) or not, it has begun preparations for austerity measures such as freezing new recruitments and restructuring welfare programme...
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Insight on Expenditure
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...
How did the government finance its expen...
The 2023 fiscal numbers, recently release...
Large Scale Infrastructure Small Scale D...
Sect...
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Featured
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 projections in the Budget 2023.
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Uncovering Sri Lanka's Debt Trail: Who owns Sri La...
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.            
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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.
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