Overestimations in Revenue Expectations

Governments have consistently overestimated Revenue & these deviations have increased in value since 2014

Overestimations in revenue compels governments to

⬇️ Expenditure

⬆️ Borrowings

Watch our video to learn more

Did you know?

In 2018, the deviation in Government Revenue was LKR 295 Billion

Main contributors – Shortfalls in VAT and Import Duties

Refer the Public Report on Budget 2021 here for further details.

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