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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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Environment
Recent trends and developments in government expenditure relating to the environment.
From The PF Wire
Source:
Daily Mirror
Govt. to seek foreign funding for green bond
The government plans to initiate talks with foreign parties to obtain green bond financing facilities to fund green ongoing projects, to meet the country’s climate commitments and to achieve the Sustainable Development Goals.
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Source:
Ceylon Today
Surakimu Ganga Programme: Govt sets aside Rs 200 M...
The Government has set aside Rs 200 million for the Surakimu Ganga Programme which aims to protect 103 rivers islandwide. Funding has been allocated in response to Minister of Environment Mahinda Amaraweera’s request, and projects for...
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Insight on Environment
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Budget 2021: Environment
The Sri Lankan Parliament meets today (7th December 2020) to debate th...
Featured
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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Is Sri Lanka Addicted to Missing Revenue Targets?
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...
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IMF Programme: Performance Evaluation (February 20...
Sri Lanka verifiably failed to meet 33% of the commitments due by end-February 2024 in its International Monetary Fund (IMF) programme, according to the February update of Verité Research’s ‘IMF Tracker’....
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