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Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
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Verité Research forms Governance and Anti-Corruption research division
Verité Research has established a Governance and Anti-Corruption (GAC) research division under the leadership of Sankhitha Gunaratne. This strategic move comes against the backdrop of widespread, systemic corruption in Sri Lanka and t...
2024-05-14
Daily Mirror
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Govt. to infuse US$ 500mn to SriLankan Airlines as equity
The government will infuse as much as US$ 500 million to SriLankan Airlines during the next five years adding much required capital to the national carrier, which is undergoing restructuring since last year, while retaining control under the...
2021-06-04
Daily Mirror
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Bangladesh - Sri Lanka Currency Swap increased to US$ 250 mn
Bangladesh’s currency swap agreement with Sri Lanka will be completed by next month, a top official of Bangladesh Bank said. A total of US$ 250 million would be provided on the deal set in motion during Sri Lankan Prime Minister M...
2021-06-04
Daily News
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Sri Lanka 2021 budget deficit revised up to 9.5-pct of GDP
Sri Lanka’s 2021 budget deficit has been revised up to 9.5 percent of gross domestic product from the initial 8.9 percent target presented to parliament with nominal GDP for the year revised down, official data shows. The nominal overa...
2021-06-02
EconomyNext
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Government to provide Rs. 5000 allowance
An allowance of Rs. 5,000 is to be provided for Samurdhi beneficiaries, persons who are already receiving Government allowances, low-income earners and those who have lost their income due to the COVID-19 pandemic from Wednesday (02 June).
2021-05-28
EconomyNext
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