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Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
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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 Ft
Govt. hikes VAT to 18% to meet revenue targets set...
The government has announced a VAT rate increase from 15% to 18% effective from January 1, 2024, to meet revenue targets set by the International Monetary Fund (IMF). Despite a significant 51% increase in tax receipts during the first nine m...
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Source:
Daily Ft
Electricity to cost 2.5% more due to Social Securi...
Electricity charges will increase by 2.5%, the Public Utilities Commission (PUCSL) confirmed yesterday.
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Source:
Daily mirror
Tourism earnings top US $ 500mn in first two month...
The earnings from tourism have exceeded US $ 500 million for the first two months of the year, with the industry generating an excess of US $ 300 million for the month of February.
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Insight on Revenue
Taxing the Digital Economy
The Minister of Trade, Mr. Bandula G...
How does Sri Lanka’s Corporate Taxes Com...
A recent proposal initiated by the G7 to introduce a global mi...
Port City Commission Bill Offers Wider E...
The draft version of the Colombo Port Cit...
Decline in government revenue for 2020
According to the Central Bank Annual Report for 2020, government reven...
Taxes on Motor Vehicle Imports
Last year the government placed import restrictions on motor vehicles. How did this aff...
Deviation of Actual vs. Estimated Revenu...
The Fiscal Management Report released recently shows that Tax Revenue between Jan – Aug 202...
Summary of Fiscal Indicators, 1950 to 20...
The following chart displays the government revenue and expenditure...
Government Revenue in 2020 – Not Suffici...
According to the Ministry of Finance, government revenue is expected t...
Tax Impacts of Import Restrictions
Between Apr...
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Featured
PF Decoded : Episode 1
How much debt is too much debt ? Sri Lanka’s debt has reached unprecedented levels in the recent past. Analyst Anushan Kapilan covers what debt is, how it can be measured and be quantified.&nb...
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What Caused the Rise in Tax Revenue from 2021 to 2...
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A c...
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Revenue Foregone by Government Due to Tax Concessi...
For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The...
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