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Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
Featured Insight
Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects and LKR 12 Bn for a construction of defence headquarters. Allowances for public sector workers amounted to LKR 7.3 billion. All of which outweigh the cost to hold an election.
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Insights and analysis of public debt.
IMF Article IV Report – Key Issues and Recommendations
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
From The PF Wire
Source:
Daily Mirror
India to provide additional US$ 500mn for fuel
India will provide an additional US$ 500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’s Foreign Minister told reporters on Wednesday, adding Bangladesh was also willing to postpone a US$ 4...
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Source:
Sunday Times
Govt. to negotiate US$ 2.5 BN loan to pay for fuel...
Government is to proceed with talks for a massive US$ 2.5 billion loan from foreign insurance or pension funds to offset part of the accumulated fuel import bills, ministerial sources said.
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Source:
Daily Mirror
US offers Sri Lanka Debt Management Support
The United States has offered Sri Lanka support to manage its debt and find a more sustainable path forward. The US Ambassador to Sri Lanka, Alaina B. Teplitz told journalists at a media roundtable that the Sri Lankan Government must look at its debt burden realisticall...
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Insight on Debt
Who Are the Major Foreign Lenders for Sr...
Sri Lanka&rsquo...
Actual Liability of the Government Is Mo...
The general understanding of public/gover...
Non-Compliance with the Fiscal Managemen...
The Fiscal Management (responsibility) Ac...
Government Debt Has Surpassed 100% of GD...
According to...
3 Problems on Debt Numbers
A case study by VeriteResearch identified 3 main problems in debt repo...
Navigating Sri Lanka's Debt: Better repo...
The published information on debt underes...
Historical Government Debt, 1950 to 2021
The diagram illustrates the Central Government Debt as a share of GD...
The Concessionality of Foreign Debt Over...
In 2007, the majority of Sri Lanka’...
Sri Lanka’s Government Debt Demystified
A Government’s public debt position includes both debt of the Ce...
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Featured
Public Report on the 2022 Budget: Assessment of th...
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This repo...
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Sri Lanka Has The Highest Inflation Amongst South...
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other...
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Sri Lanka’s Fitch Credit Rating has been downgrade...
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. ...
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