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Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
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Economic Classification of Government Revenue
Provides annual revenue of the government decomposed mainly into tax revenue (excluding provincial tax revenue) and non tax revenue in LKR millions. Source: Table 8 Statistical Appendix, Annual Report, Ministry Of Finance
Breakdown of government revenue by type of tax (Estimate)
Provides detailed estimated annual revenue of the government decomposed mainly into tax revenue, non tax revenue, grants and provincial council revenues in LKR millions. Source: Approved Budget Estimates, Ministry of Finance
Economic Classification of Government Fiscal Operations (Monthly)
Provides monthly breakdown of Government Revenue and Grants, Expenditure and Overall budget budget balance from Jan 2016 to latest in LKR Millions.
Breakdown of government revenue by type of tax (Actual)
Provides detailed annual revenue of the government decomposed mainly into tax revenue, non tax revenue, grants and provincial council revenues in LKR millions. Source: Approved Budget Estimates, Ministry of Finance
Cross Country Comparison of Revenue (percent of GDP)
Provides the total annual government revenue as a share of GDP for most countries in the world. Source: World Economic Outlook Database, October 2020, IMF
Tax Concessions Provided for Projects Identifed as Strategic Development Projects
The Strategic Deveopement Projects Act, No.14 of 2008 aims to promote strategic development projects by poviding tax exemptions for a stipulated time period. The Board of Investment of Sri Lanka along with the relevant line minsitries will identify certain projects that will add value and take the economy to greater heights and allow certain tax exemptions for said projects. Following is a compilation of such projects along with the type of taxes and time periods for which they're exempted from.