මාතෘකා
ගවේෂණය කරන්න
විදසුන්
මාධ්ය නිවේදනය දකුණු අසියාවේ ඉහළම විදුලි ගාස්තු ඇත්තේ ශ්රී ලංකාවේ විදුලි ගාස්තුව කලාපයේ රටවලට වඩා 2.5 – 3 ගුණයකින් වැඩියි!
Sri Lankans pay 2.5 to 3 times more for electricity than South Asian neighbours In 2023, Sri Lanka revised its electricity charges three times in February, July and October. The stated basis for the increase, was to recover the full cost of providing electricity. This analysis compares the electricity charges on households in Sri Lanka in December 2023 with what households are paying in other South Asian countries. Two findings emerge that justify public concern on electricity bills in Sri Lanka: 1) Sri Lanka has the highest household electricity cost of any South Asian country (see Exhibit 1, comparing against the highest cost areas of supply in other countries). 2) Sri Lankan households are paying c. 2.5 to 3 times more for electricity than the average cost to their counterparts in South Asian countries (see Exhibit 2). A tariff decrease is planned in Feb 2024; this new structure would result in cost reduction in the electricity bill of around 4% or less. Therefore, it will not make a dent in Sri Lanka occupying the position of paying the highest prices for electricity in the region at a multiple of 2.5 to 3 times of what is paid by households in South Asia. The analysis is based on comparing households that consume between 100 to 300 units of electricity per month on single-phase lines (excluding any government taxation on electricity). Exhibit 2 shows that consuming 100 units in Sri Lanka costs LKR 5,280, while the average for South Asia is equivalent to LKR 2,078. Consuming 300 units in Sri Lanka costs LKR 21,860, while the average for South Asia is equivalent to LKR 7,340. Exhibit 1:
විදසුන්
මාධ්ය නිවේදනය දකුණු අසියාවේ ඉහළම විදුලි ගාස්තු ඇත්තේ ශ්රී ලංකාවේ විදුලි ගාස්තුව කලාපයේ රටවලට වඩා 2.5 – 3 ගුණයකින් වැඩියි!
Sri Lankans pay 2.5 to 3 times more for electricity than South Asian neighbours In 2023, Sri Lanka revised its electricity charges three times in February, July and October. The stated basis for the increase, was to recover the full cost of providing electricity. This analysis compares the electricity charges on households in Sri Lanka in December 2023 with what households are paying in other South Asian countries. Two findings emerge that justify public concern on electricity bills in Sri Lanka: 1) Sri Lanka has the highest household electricity cost of any South Asian country (see Exhibit 1, comparing against the highest cost areas of supply in other countries). 2) Sri Lankan households are paying c. 2.5 to 3 times more for electricity than the average cost to their counterparts in South Asian countries (see Exhibit 2). A tariff decrease is planned in Feb 2024; this new structure would result in cost reduction in the electricity bill of around 4% or less. Therefore, it will not make a dent in Sri Lanka occupying the position of paying the highest prices for electricity in the region at a multiple of 2.5 to 3 times of what is paid by households in South Asia. The analysis is based on comparing households that consume between 100 to 300 units of electricity per month on single-phase lines (excluding any government taxation on electricity). Exhibit 2 shows that consuming 100 units in Sri Lanka costs LKR 5,280, while the average for South Asia is equivalent to LKR 2,078. Consuming 300 units in Sri Lanka costs LKR 21,860, while the average for South Asia is equivalent to LKR 7,340. Exhibit 1:
විදසුන්
මාධ්ය නිවේදනය දකුණු අසියාවේ ඉහළම විදුලි ගාස්තු ඇත්තේ ශ්රී ලංකාවේ විදුලි ගාස්තුව කලාපයේ රටවලට වඩා 2.5 – 3 ගුණයකින් වැඩියි!
Sri Lankans pay 2.5 to 3 times more for electricity than South Asian neighbours In 2023, Sri Lanka revised its electricity charges three times in February, July and October. The stated basis for the increase, was to recover the full cost of providing electricity. This analysis compares the electricity charges on households in Sri Lanka in December 2023 with what households are paying in other South Asian countries. Two findings emerge that justify public concern on electricity bills in Sri Lanka: 1) Sri Lanka has the highest household electricity cost of any South Asian country (see Exhibit 1, comparing against the highest cost areas of supply in other countries). 2) Sri Lankan households are paying c. 2.5 to 3 times more for electricity than the average cost to their counterparts in South Asian countries (see Exhibit 2). A tariff decrease is planned in Feb 2024; this new structure would result in cost reduction in the electricity bill of around 4% or less. Therefore, it will not make a dent in Sri Lanka occupying the position of paying the highest prices for electricity in the region at a multiple of 2.5 to 3 times of what is paid by households in South Asia. The analysis is based on comparing households that consume between 100 to 300 units of electricity per month on single-phase lines (excluding any government taxation on electricity). Exhibit 2 shows that consuming 100 units in Sri Lanka costs LKR 5,280, while the average for South Asia is equivalent to LKR 2,078. Consuming 300 units in Sri Lanka costs LKR 21,860, while the average for South Asia is equivalent to LKR 7,340. Exhibit 1:
විදසුන්
මාධ්ය නිවේදනය දකුණු අසියාවේ ඉහළම විදුලි ගාස්තු ඇත්තේ ශ්රී ලංකාවේ විදුලි ගාස්තුව කලාපයේ රටවලට වඩා 2.5 – 3 ගුණයකින් වැඩියි!
Sri Lankans pay 2.5 to 3 times more for electricity than South Asian neighbours In 2023, Sri Lanka revised its electricity charges three times in February, July and October. The stated basis for the increase, was to recover the full cost of providing electricity. This analysis compares the electricity charges on households in Sri Lanka in December 2023 with what households are paying in other South Asian countries. Two findings emerge that justify public concern on electricity bills in Sri Lanka: 1) Sri Lanka has the highest household electricity cost of any South Asian country (see Exhibit 1, comparing against the highest cost areas of supply in other countries). 2) Sri Lankan households are paying c. 2.5 to 3 times more for electricity than the average cost to their counterparts in South Asian countries (see Exhibit 2). A tariff decrease is planned in Feb 2024; this new structure would result in cost reduction in the electricity bill of around 4% or less. Therefore, it will not make a dent in Sri Lanka occupying the position of paying the highest prices for electricity in the region at a multiple of 2.5 to 3 times of what is paid by households in South Asia. The analysis is based on comparing households that consume between 100 to 300 units of electricity per month on single-phase lines (excluding any government taxation on electricity). Exhibit 2 shows that consuming 100 units in Sri Lanka costs LKR 5,280, while the average for South Asia is equivalent to LKR 2,078. Consuming 300 units in Sri Lanka costs LKR 21,860, while the average for South Asia is equivalent to LKR 7,340. Exhibit 1:
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Articles
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This section contains articles written on public finance.
The Best Next Step for Improving Tax Collection
This article was compiled by Sumini Siyambalapitiya. Sumini Siyambalapitiya is a former Lead Analyst in the Economics team of Verité Research and se...
පීඑෆ් වයර් පුවත්
මූලාශ්රය:
Daily Mirror
Sanctions, incentives crucial for Public Financial...
Sri Lanka's new fiscal management act needs strong enforcement with sanctions and incentives to avoid past failures. Sanctio...
වැඩිදුර කියවන්න
මූලාශ්රය:
Asian Development Bank
Sri Lanka Shows Signs of Recovery but Must Maintai...
The Asian Development Bank's (ADB) recent Asian Development Outlook (ADO) for April 2024 projects a moderate economic recovery for Sri Lanka, with growth rates estimated at 1.9% for 2024 and 2.5% for 2025 after two consecutive years of c...
වැඩිදුර කියවන්න
මූලාශ්රය:
Economy Next
Sri Lanka inflation rises to 6.5-pct in Jan 2024,...
Sri Lanka's inflation measured by the Colombo Consumer Price Index (CCPI) reached 6.5% in the 12 months leading up to January 2023. This rate is above the statutory target of 5% but within the permissible 2% variation. The increase was influenced by a 2.9% rise in the index during the month,...
වැඩිදුර කියවන්න
විදසුන් කියවන්න: Articles
Calculating the Loss to the EPF from Pro...
This article was compiled by Dr. Nish...
Let’s Shield the EPF with the Instincts...
This article was compiled by Dr. Nish...
Restructuring Domestic Debt Must be Cred...
This article was compiled by Professo...
Why Tracking the IMF Programme Implement...
This article was compiled by Dr. Nish...
An Overview of IMF Extended Fund Facilit...
This article was compiled by Professo...
Debt Digest - March 2023
This article was compiled by Dr. Nish...
Sharing the cost of the crisis: The need...
This article was compiled by Professo...
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වීශේෂාංග
මැයි මාසය වන විට ශ්රී ලංකාව ජාත්යන්තර මූල්ය අර...
වෙරිවේ රිසර්ච් 'IMF මීටරය' අනුෙ, ජාත්යන්ත්ර මූල්ය අරමුදවේ (IMF) ෙැඩසටහවෙහි ඇති ප්රගතිය මැනිය හැකි කැපවීම් 100න් 29ක් මැයි මාසය අවසානය ෙෙ විට ඉටුකර ඇති ශ්රී ල්ංකාෙ, කැපවීම් 3ක් ඉටුකිරීමට අවපාවහාසත්ෙ ඇත්&z...
වැඩිදුර කියවන්න
Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.The Appropriation Bill shows that there is a 12% increase in expenditure planned for 2024. Interest pay...
වැඩිදුර කියවන්න
Large Scale Infrastructure, Small Scale Disclosure...
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an eco...
වැඩිදුර කියවන්න