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Budget 2024
Detailed analysis of the 2024 Budget
Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.The Appropriation Bill shows that there is a 12%...
From The PF Wire
Source:
Economy Next
Sri Lanka budget deficit down 31-pct, taxes up 36-...
Sri Lanka's budget deficit reduced by 31%, with tax revenues up by 34%, non-tax revenues rising by 20%, and a primary surplus of 830 billion rupees, while foreign borrowings increased and domestic borrowings decreas...
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Source:
Daily Mirror
Budget deficit narrows to single digits on higher...
In 2023, Sri Lanka cut its budget deficit to 8.3% of GDP from 10.2% in 2022, despite unpopular tax hikes, in exchange for a $2.9 billion IMF bailout over four years.
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Source:
Reuters
Sri Lanka's budget will strive to return economy t...
Sri Lanka's upcoming 2024 budget announcement faces a delicate balancing act. The government aims to sustain an IMF-led bailout by increasing revenue through tax raises while steering the crisis-stricken economy towards growth. President...
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Insight on Budget 2024
2025 Vote on Account’s revenue gains may...
On 6 December, Parliament approved the 20...
Vote on Account 2025: Which ministries g...
On 6 December, Parliament approved the 20...
State of the Budget Report Estimates 14%...
Sri Lanka is projected to fall short of i...
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 B...
Summary: Budget 2024
The 2024 budget expects budget deficit fo...
Fiscal Targets: Budget 2024
Projections in the budget expect revenue...
Expected GDP Outcomes: Budget 2024
The 2024 budget forecasts a greater contr...
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the def...
Expenditure Proposals: Budget 2024
Major expenditure proposals from the 2024...
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Featured
Only 11 out of 52 SOEs have Published Financial Da...
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the I...
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Sri Lanka Met 33 IMF Commitments and failed 8 by e...
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool lau...
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Will the budget's veil of secrecy be lifted in 202...
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.  
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