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Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
Featured Insight
Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
Featured Insight
Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
Featured Insight
Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
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Revenue
Revenue
Insights and analysis of government revenue.
Interest Costs Have Been Eating Up Revenue
In 2023, for the first time in history, the government spent 9% of its GDP on interest payments, which took up 80% of the government revenue. A high interes...
From The PF Wire
Source:
Daily Mirror
Slower increase in excise duty expected
Sri Lanka's excise duties, which rose by 64% in the 12 months through January 2024, are expected to increase more gradually in line with inflation, though higher-than-expected hikes could still impact sales volumes,...
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Source:
EconomyNext
Sri Lanka 2021 imports surge to 20.6bn amid contro...
Sri Lanka’s imports surged to 2.2 billion US dollars in December 2022 from around 1.6 to 1.7 billion US dollars in earlier months, while full year imports rose to 20.6 billion dollars, higher than the 19.9 billion US dollars in the pre...
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Source:
Daily FT
Centre for Policy Alternatives challenges tax amne...
The Centre for Policy Alternatives (CPA) and its Executive Director Dr. Paikiasothy Saravanamuttu yesterday filed a Petition in the Supreme Court (SC SD 28/2021) challenging the proposed Finance Bill, which was placed on the order paper of P...
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Insight on Revenue
2023 Budget's revenue target missed by L...
The Ministry of Finance Annual Report, re...
Interest Costs Have Been Eating Up Reven...
In 2023, for the first time in history, t...
How did the government revenue rise by 5...
The Central Bank's Annual Economic Re...
Revenue Foregone by Government Due to Ta...
For the fiscal year 2022/23 (April to Mar...
Primary and Budget Balances move in oppo...
The Fiscal Management Report 2024 publish...
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently over...
VAT to reach 20 year high from January
The Cabinet recently sanctioned an increa...
Tax revenue misses IMF target in 1st qua...
According to the 2022 Annual Report from...
Why did Sri Lanka fall short of revised...
Sri Lanka mis...
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Featured
Is the Pandemic the Sole Cause for the Depletion i...
Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with
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Wanted: An Authentic Minister of Finance - Sri Lan...
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development St...
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The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019.
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