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Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
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பட்ஜெட் 2022
பட்ஜெட் 2022
2022 ம் ஆண்டு வரவு-செலவுத் திட்டம் மீதான விரிவான ஆய்வு.
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This repo...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
Daily Mirror
First quarter budget deficit expands 21% amid shar...
The fiscal deficit for the first three months of 2022 expanded by 21.2% to Rs. 484.3 billion over the same period in 2021, signalling another year of a stretched budget.
மேலும் வாசிக்க
Source:
Daily Mirror
National Chamber calls for measures to manage impa...
National Chamber of Commerce of Sri Lanka (NCCSL)IN a statement yesterday recognized the efforts of the government to signal all the stakeholders that they are in a path towards managing fiscal space by estimating budget deficit for 2022 in single digit (8.8 percent)...
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Source:
Daily FT
Public Finance Committee clears 2022 Appropriation...
The Appropriation Bill for 2022 has been approved by the Committee on Public Finance. According to the Bill, which was tabled in Parliament, the total expenditure for 2022 is estima...
மேலும் வாசிக்க
நுண்ணறிவு பட்ஜெட் 2022
அரச செலவினம் மற்றும் வருமானத்தில் விலகல்...
மதிப்பிடப்பட்ட வருமானத்திலிருந்து வருமானத்திற்கு ஏற்படும் விலகலை இந்த விளக்கப்படம் சித்தரிக...
Breakdown of Government Expenditure: 20...
The following infographic depicts the exp...
Breakdown of government revenue, 2010 -...
The following infographic depicts the gov...
Financing of the Budget Deficit, 2010 to...
The following infographic depicts the financing of the budget defici...
Budget 2022: Revenue Proposals
The following chart displays the revenue proposals in the 2022 Bud...
Summary of Fiscal Indicators, 1950 to 20...
The following chart displays the governme...
Medium Term Fiscal Framework, 2021 to 20...
The Medium Te...
Summary of 2022 Budget: Government Reven...
Here is an infographic whi...
ஒதுக்கீட்டுச் சட்டமூலம் 2022: அரச செலவின...
2022ம் ஆண்டுக்க...
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விவரணம்
The EPF is the Single Largest Holder of Government...
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefit...
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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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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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