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Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
Featured Insight
Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
Featured Insight
Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
Featured Insight
Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
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Revenue
Revenue
Insights and analysis of government revenue.
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000....
From The PF Wire
Source:
Daily Mirror
Tourism generates US$ 282mn in August
Sri Lanka's tourism earnings rose to US$ 282.1 million in August, with increased visitor arrivals and the implementation of a new visa-free travel policy for 38 countries to boost tourism further, aiming for US$ 3.5 bil...
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Source:
Economy Next
Sri Lanka’s tax hike will help curb inflation, cut...
Sri Lanka’s tight fiscal policy with new tax hikes from December 1 will help the central bank to reduce inflation and interest rates faster than it has expected, the central bank governor Nandalal Weerasinghe said.
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Source:
Daily News
Tourism rakes in US$ 462 mn in first three months
Sri Lanka has earned US$ 462 million from tourism in the first three months of this year. If the trend continues, by the end of this year, the tourism industry is expected to generate over US$ 2.5 billion in revenue, Tourism Ministry Secreta...
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Insight on Revenue
Tax revenue misses IMF target in 1st qua...
According to the 2022 Annual Report from...
Why did Sri Lanka fall short of revised...
Sri Lanka mis...
What Caused the Rise in Tax Revenue from...
In the Central Bank's Annual Report f...
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most So...
Government Revenue Loss due to the Sugar...
The Special Commodity Levy (SCL) on impor...
Income Tax Calculator
Try out our new income tax calculator and...
Will the Increase in Cigarette Taxes Mee...
On the 1st of Jan 2023, the government increased excises taxes on cigarettes by 20% as follows:
Gazetted Taxes are 4.3ppt to 15.4ppt of...
The infographics provide details on how the recent personal income t...
Cigarette Taxation Formula – The Cost of...
In 2019 the government introduced a policy where taxes and prices on...
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Featured
Interim Budget or Secret Budget?
24 expenditure proposals and 5 regulatory proposals were tracked in this assessment. Expenditure proposals refer to those proposals that involve capital expenditure by the government distributed across ministries etc. Regulatory proposals re...
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National Budget Process in 60 Seconds!
The video below describes the National Budget process from planning to oversight. There are 4 steps to the whole process and is carried out between January and December.
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The Best Next Step for Improving Tax Collection
This article was compiled by Sumini Siyambalapitiya. Sumini Siyambalapitiya is a former Lead Analyst in the Economics team of Verité Research and se...
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