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Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
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Financing
Insights and analysis on the financing of the budget deficit.
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key co...
From The PF Wire
Source:
The Sunday Times
New public procurement regulatory framework to det...
Sri Lanka is set to implement a new Public Procurement Law aimed at curbing corruption and malpractices in the procurement process, responding to reports of inefficiencies and resource wastage highlighted by the Ministry of Finance, the Audi...
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Source:
Daily Mirror
Paris Club ready for close coordination with China...
The Paris Club creditor nations last month reached out to China and India seeking to coordinate closely on Sri Lanka's debt talks, but is still awaiting a reply, a source with direct knowledge of the matter told Reuters on Thursday.
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Source:
EconomyNext
Sri Lanka 2021 budget deficit revised up to 9.5-pc...
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...
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Insight on Financing
Composition of Sri Lanka's Gross Officia...
The reported gross official reserves as of February 2022 stood at US...
Is the Pandemic the Sole Cause for the D...
Sri Lanka&rsquo...
Sri Lanka’s Short-Term Outflows Exceed U...
Sri Lanka’s gross official reserves...
Relief Package: What it Entails and How...
In response to rising living cost with inflation rate of 12.1%1...
Sri Lanka’s Fitch Credit Ratings Have Be...
Sri Lanka&rsquo...
Cost of Bilateral and Multilateral Loans
International S...
Physical Progress and Fund Utilization o...
Completion of development projects funded...
Net Foreign Assets of the Central Bank t...
Net Foreign Ass...
Provincial Council Receipts and Expendit...
The finance commission makes an annual re...
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Featured
Sri Lanka Has The Highest Inflation Amongst South...
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other...
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Sri Lanka’s Fitch Credit Rating has been downgrade...
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings.  ...
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Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
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