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Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
மேலும் வாசிக்க
ஆக தேர்வு செய்க
தலைப்பு
பட்ஜெட் 2021
பட்ஜெட் 2022
பட்ஜெட் 2023
பட்ஜெட் 2024
International Monetary Fund
Articles
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விவசாயம் மற்றும் நீர்ப்பாசனம்
சிவில் நிர்வாகம்
பாதுகாப்பு மற்றும் பொது ஒழுங்கு
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சமூக பாதுகாப்பு மற்றும் நலன்புரி
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நகர அபிவிருத்தி மற்றும் வீட்டுவசதி
Norway provides Rs. 490 m to WFP, UNICEF and UNFPA in Sri Lanka
The Norwegian government is providing NOK 13 million (approx. Rs. 490 million) to the World Food Program (WFP), United Nations Children’s Fund (UNICEF) and the UN Population Fund (UNFPA) in Sri Lanka to address food, nutrition and prot...
2022-08-05
Daily FT
மேலும் வாசிக்க
World Bank says $ 160 m disbursed for SL to meet urgent essential items
The World Bank Group said last week it is deeply concerned about the dire economic situation and its impact on the people of Sri Lanka. To help alleviate severe shortages of essential items such as medicines, cooking gas, fertiliser, meals f...
2022-08-01
Daily FT
மேலும் வாசிக்க
No plans to offer financing to SL until adequate macroeconomic policy framework in place: WB
While claiming that it is deeply concerned about the dire economic situation and its impact on the people of Sri Lanka, the World Bank said that “until an adequate macroeconomic policy framework is in place, the World Bank does not pla...
2022-07-29
Daily Mirror
மேலும் வாசிக்க
IMF says Sri Lanka needs to talk with China about debt restructuring
The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while the island state’s Government seeks a financing loan from the Washington-based fund.
2022-07-28
Daily Mirror
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