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Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
Featured Insight
Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
Featured Insight
Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
Featured Insight
Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
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Govt.’s tax revenue effort gathers momentum in 1H
In the first half of 2024, the overall budget deficit significantly decreased to Rs. 598.7 billion, down from Rs. 1.24 trillion in the same period of 2023, reflecting improved fiscal management. ...
2024-08-26
Daily FT
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Sri Lanka public finance law to limit primary spending at 13-pct GDP: Treasury Secy
A bill for Sri Lanka’s proposed Public Financial Management law has set a 13 percent primary spending limit (expenses before interest) as part of efforts to improve fiscal discipline in the future, Treasury Secretary Mahinda Siriwardana sai...
2024-05-20
Economy Next
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Sri Lanka’s CEB sells LTL shares to West Coast IPP for Rs26bn
Sri Lanka’s state-run Ceylon Electricity Board has sold shares of an affiliate to West Coast Power Company Limited, an independent power producer giving profits of 25.9 billion rupees in the March 2024 quarter, interim accounts showed.
2024-05-18
Economy Next
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April tea exports expand marginally by 1.3% YoY
In April 2024, tea exports totaled 16.38 million Kgs, marking a slight increase of 0.21 million Kgs from April 2023. Growth was ob...
2024-05-17
Daily Mirror
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Downturn for manufacturing in April, service sector posts marginal expansion
In April 2024, the country’s manufacturing sector, as per the Purchasing Managers Index (PMI), failed to sustain the strong upturn recorded in the first quarter, recording an index value of 42.0 which indicates a contra...
2024-05-17
Daily FT
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