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Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
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Civil Administration
Recent trends and developments in government expenditure on civil administration.
From The PF Wire
Source:
Daily FT
Tax amnesty bill, new SEC Bill get Parliament appr...
Parliament yesterday approved two important finance bills including one to grant tax amnesties as well as the new Securities and Exchange Commission of Sri Lanka Bill. The Finance Bill which indemnifies persons who voluntarily disclose taxab...
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Source:
Daily FT
Govt. gazettes Tax Amnesty Bill
The Government has published a Tax Amnesty Bill which would indemnify persons who voluntarily disclose taxable supply, income or assets, against liability from investigation, prosecution and penalties.
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Insight on Civil Administration
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Sri Lanka’s Expenditure on COVID-19 Response is Mu...
According to Ministry of Finance, Sri Lanka has incurred a total of LKR 117.5 billion in 2020 and LKR 53.0 billion during Jan-June of 2021 as expenses on the country’s COVID-19 response.
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Sri Lanka’s Economic Reliance on Chemical Fertiliz...
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers.
Read More
Steering out of the Debt Crisis: Recipes for Budge...
“Steering Out of the Debt Crisis: Recipe for Budget 2022” by Verité Research was anchored around addressing Sri Lanka’s debt crisis. The forum presented research and analysis pertaining to debt management a...
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