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Tax revenue misses IMF target in 1st quarter!
According to the 2022 Annual Report from the Ministry of Finance, tax revenue for the first quarter of 2023 experienced a surge of 56%, amounting to LKR 578 billion. This was a increase from the LKR 370 billion collected during the same period in 2022. Despite this growth, the Q1 2023 tax revenue collection fell short of the target set in agreement with the International Monetary Fund (IMF), which was LKR 650 billion, by 11%. Moreover, the tax-to-GDP ratio for the first quarter of 2023 was reported to be 7.9%. This is lower than the annual target of 9.7% agreed upon with the IMF, indicating a gap of 1.8 percentage points that needs to be bridged in order to meet the target agreed upon with the IMF for the year.
විදසුන්
Tax revenue misses IMF target in 1st quarter!
According to the 2022 Annual Report from the Ministry of Finance, tax revenue for the first quarter of 2023 experienced a surge of 56%, amounting to LKR 578 billion. This was a increase from the LKR 370 billion collected during the same period in 2022. Despite this growth, the Q1 2023 tax revenue collection fell short of the target set in agreement with the International Monetary Fund (IMF), which was LKR 650 billion, by 11%. Moreover, the tax-to-GDP ratio for the first quarter of 2023 was reported to be 7.9%. This is lower than the annual target of 9.7% agreed upon with the IMF, indicating a gap of 1.8 percentage points that needs to be bridged in order to meet the target agreed upon with the IMF for the year.
විදසුන්
Tax revenue misses IMF target in 1st quarter!
According to the 2022 Annual Report from the Ministry of Finance, tax revenue for the first quarter of 2023 experienced a surge of 56%, amounting to LKR 578 billion. This was a increase from the LKR 370 billion collected during the same period in 2022. Despite this growth, the Q1 2023 tax revenue collection fell short of the target set in agreement with the International Monetary Fund (IMF), which was LKR 650 billion, by 11%. Moreover, the tax-to-GDP ratio for the first quarter of 2023 was reported to be 7.9%. This is lower than the annual target of 9.7% agreed upon with the IMF, indicating a gap of 1.8 percentage points that needs to be bridged in order to meet the target agreed upon with the IMF for the year.
විදසුන්
Tax revenue misses IMF target in 1st quarter!
According to the 2022 Annual Report from the Ministry of Finance, tax revenue for the first quarter of 2023 experienced a surge of 56%, amounting to LKR 578 billion. This was a increase from the LKR 370 billion collected during the same period in 2022. Despite this growth, the Q1 2023 tax revenue collection fell short of the target set in agreement with the International Monetary Fund (IMF), which was LKR 650 billion, by 11%. Moreover, the tax-to-GDP ratio for the first quarter of 2023 was reported to be 7.9%. This is lower than the annual target of 9.7% agreed upon with the IMF, indicating a gap of 1.8 percentage points that needs to be bridged in order to meet the target agreed upon with the IMF for the year.
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නාගරික සංවර්ධනය සහ නිවාස
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නාගරික සංවර්ධනය සහ නිවාස සඳහා කරන ලද රජයේ වියදම්වල මෑත කාලීන ප්‍රවණතා.
The Cost of a Kevili Table in 2023
This Avurudu, the cost of preparing a Kevili table has risen by 2.4 times since 2019. The basket of items one would usually find at Kevili table vary between households. Public Finance.lk used the following: Kokis...
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මූලාශ්රය:
The Sunday Times
Mega projects in crisis: More than 300 contracts s...
Over 300 contracts related to 35 mega projects were suspended last year. 37 projects showed no physical progress in the last quarter of 2023.
වැඩිදුර කියවන්න
විදසුන් කියවන්න: නාගරික සංවර්ධනය සහ නිවාස
2024 දී අවුරුදු කැවිලි මේසයක වියදම
සිංහල හා දමිළ අලුත් අවුරුද්ද සඳහා සාම්ප්&...
The Cost of a Kevili Table in 2023
This Avurudu, the cost of preparing a Kevili table has risen by 2.4...
නාගරික සංවර්ධන හා නිවාස අංශයට අදාළව ලබා...
ජාතික ප්‍රත...
Budget 2021: Urban Development & Housing...
Today (2nd December 2020) is the 2021 Budget Debate for the Ministry of Urban Dev...
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ශ්‍රී ලංකාවේ විදේශ සංචිත ක්ෂය වීමට එකම හේතුව කොවිඩ...
ශ්‍රී ලංකාවේ භාවිතා කළ හැකි විදේශ සංචිත 2019 දී ඩොලර් මිලියන 7,642 සිට 2021 අවසානය වන විට ඩොලර් මිලියන1,579 දක්වා පහත වැටි ඇත. වසංගතය අතරතුර ශ්‍රී ලංකාවේ...
වැඩිදුර කියවන්න
2024 අයවැය සාරාංශය
2024 වර්ෂය සඳහා අයවැය හිඟය 19% කින් ඉහළ යනු ඇතැයි අපේක්ෂා කරයි.
වැඩිදුර කියවන්න
Schrodinger’s Banks: The Immediate Need for Polici...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Fi...
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