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The Retail Price of Petrol and Diesel in Sri Lanka is Higher Than Their Total Costs
92 Octane petrol The Interactive chart below compares the cost (includes the Landed cost of Singapore Platts Petrol, Processing cost and Administrative cost), taxes (includes Customs Duty, Excise and PAL) and the retail price of selling one unit of 92 Octane petrol. The cost calculated is an estimate based on the details released on the Fuel Price Formula by the Ministry of Finance to the public.
Featured Insight
The Retail Price of Petrol and Diesel in Sri Lanka is Higher Than Their Total Costs
92 Octane petrol The Interactive chart below compares the cost (includes the Landed cost of Singapore Platts Petrol, Processing cost and Administrative cost), taxes (includes Customs Duty, Excise and PAL) and the retail price of selling one unit of 92 Octane petrol. The cost calculated is an estimate based on the details released on the Fuel Price Formula by the Ministry of Finance to the public.
Featured Insight
The Retail Price of Petrol and Diesel in Sri Lanka is Higher Than Their Total Costs
92 Octane petrol The Interactive chart below compares the cost (includes the Landed cost of Singapore Platts Petrol, Processing cost and Administrative cost), taxes (includes Customs Duty, Excise and PAL) and the retail price of selling one unit of 92 Octane petrol. The cost calculated is an estimate based on the details released on the Fuel Price Formula by the Ministry of Finance to the public.
Featured Insight
The Retail Price of Petrol and Diesel in Sri Lanka is Higher Than Their Total Costs
92 Octane petrol The Interactive chart below compares the cost (includes the Landed cost of Singapore Platts Petrol, Processing cost and Administrative cost), taxes (includes Customs Duty, Excise and PAL) and the retail price of selling one unit of 92 Octane petrol. The cost calculated is an estimate based on the details released on the Fuel Price Formula by the Ministry of Finance to the public.
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Agriculture and Irrigation
Agriculture and Irrigation
Recent trends and developments in government expenditure on agriculture and irrigation.
From The PF Wire
Source:
Daily News
Rs.10,000 per hectare for farmers producing organi...
The Agriculture Ministry has decided to offer Rs.10,000 per hectare for a farmer producing organic fertilizer. The Ministry arrived at this decision at a meeting held at the Agriculture Ministry to discuss the production and supply of organi...
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Source:
Ceylon Today
$400M allocated for local fertiliser production
The Government decided to use the sum of USD 400 million allocated to import chemical fertilisers to produce organic fertilisers locally. Accordingly, funds will be allotted to build equipment needed for manufacturing fertiliser and tasked t...
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Source:
DailyFT
World Bank, EU support Sri Lanka’s agriculture mod...
The Ministry of Finance and the World Bank recently signed a new grant from the European Union to support the Agriculture Sector Modernisation Project ( ASMP). This grant is part of the EU’s EUR 25 million support to the $ 125 million project and will be administe...
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Insight on Agriculture and Irrigation
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Expenditure on the Agriculture & Irrigat...
Featured
Public Report on the 2021 Budget: Assessment on wh...
This is the second report in a series of two reports on Sri Lanka’s central government budget for the year 2021. The report assesses whether the expenditure allocations and taxation policies are in line with the government’s policy.
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Sri Lanka’s Bilateral Swap Agreements
A foreign currency swap is an agreement to exchange currency between two parties. A bilateral currency swap is when two central banks from different countries exchange two different currencies with each other.
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How Do Macro-fiscal Indicators Compare Between Sri...
Recently, Sri Lanka agreed to a currency swap deal with Bangladesh amounting to USD 250 Mn. The latest data available suggests that despite being a poorer country, Bangladesh has better fiscal and macroeconomic indicators than Sri Lanka. See...
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