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Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Featured Insight
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
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Expenditure
Expenditure
Insights and analysis of government expenditure.
The Cost of Inflation: Sustaining 2015 Consumption in 2023
Sri Lanka's is set to experience a 160% increase in nominal GDP from the 2015 levels of LKR 11.6 trillion as projected nominal GDP for 2023 estimated at LKR 30.3 trillion. However, while the real GDP in 2023 remains relatively unchanged from the 2015 levels, the doubling of nominal GDP h...
From The PF Wire
Source:
The Morning
Treasury owes Rs.108 b to senior citizen deposits
Sri Lanka's Treasury owes Rs. 108 billion to banks for higher interest rates on senior citizen deposits, terminated during the economic crisis. Dr. Ranjith Siyambalapitiya, State Minis...
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Source:
Daily Mirror
Sri Lanka risks stagflation as prices continue to...
Sri Lanka appears to be entering into an era of extremely high inflation and low growth, stoking serious concerns of stagflation, as the policymakers seem to have lost their grips on the economy, which is now going haywire w...
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Source:
Ceylon Today
Govt to spend $50M on shippers, freight clearance
On Prime Minister Mahinda Rajapaksa’s directives, the Government has allocated USD 50 million to pay shippers and clear around 800 containers of essential commodities held at the Port.
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Insight on Expenditure
Allocation of Government expenditure fro...
On 31st May 2020, the government issued a circular allocating funds for the perio...
Allocation of Government Expenditure fro...
On 10th March 2020, the government issued a circular a...
Sri Lanka’s COVID-19 relief compared to...
In March, the Government of Sri Lanka ann...
Open Budget Survey 2019
Government budget decisions – what...
Where do government salaries go?
The government spends 22% of its total ex...
What Happens When a Government Body Runs...
When a government body runs out of money,...
Budget Promises 2018: Are Ministries Com...
The RTI Act guarantees citizens the right...
Budget Promises 2018: Most Responsive In...
Are our ministries open about the progres...
Budget Promises 2018: Most Closed Instit...
Are our ministries open about the progres...
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Featured
The Government Has to Repay Yearly an Average of U...
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025.
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Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics....
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Backwards in blacklisting: Enabling corruption in...
Subhashini Abeysinghe is a Research Director at Verité Research and an economist specializing in international trade. Subhashini has worked for the Ceylon Chamber of Commerce (CCC) for nearly 10 year...
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