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Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
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Expenditure
Expenditure
Insights and analysis of government expenditure.
Total SOE Losses in the first four months of 2022 Outweigh Annual Losses in 2021
During the first four months of 2022 the cumulative loss of State-Owned Enterprises (SOEs) amounted to LKR 860 BN. This figure outweighs the annual loss of SOEs in 2021. The top 3 contributors to the increase of the...
From The PF Wire
Source:
Daily FT
April inflation rises to 29.8%; food inflation soa...
Headline inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI, 2013=100)1 increased to 29.8% in April 2022 from 18.7% in March 2022.
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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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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
Contributors to Rising Inflation
Sri Lanka has seen a trend in rising inflation, with inflation reach...
Fiscal Performance From January to Augus...
Latest figures...
Sri Lanka’s Expenditure on COVID-19 Resp...
According to Ministry of Finance, Sri Lan...
How much does the Sri Lankan government...
Sri Lanka has planned to allocated LKR 12...
Budget Performance Indicators: The Case...
Sri Lanka developed 12 KPIs in 2018&...
Government Expenditure on Samurdhi Payme...
In 2020,the government spends LKR 52.5 bi...
How does the supplementary estimate of L...
The supplementary estimate of Rs. 200 bil...
How did the Government Finance its Expen...
Details on the government expenditure and...
Gender-Responsive Budgeting: Evaluating...
This report assesses the extent to which...
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Featured
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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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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