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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
Sri Lanka Met 38 IMF Commitments and Failed 8 by e...
Sri Lanka verifiably met 38 of the 57 trackable commitments that were due for completion by end-August in its 17th programme with the International Monetary Fund (IMF), according to the latest progress up...
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Debt Digest - March 2023
This article was compiled by Dr. Nishan de Mel and Professor Udara Peiris. Dr. Nishan de Mel is the Executive Director of Verité Research and an eco...
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Defence budget for uniforms and diets alone up by...
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022.
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