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Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
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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 News
Workers’ remittance, tourism muster USD 4.5 Bn by...
Sri Lanka's foreign reserves are on the rise thanks to strong performances in both workers' remittances and tourism revenue. These positive trends are contributing to a strengthening currency and healthy foreign exc...
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Source:
The Sunday Times
Vehicle import ban to be lifted to raise revenue
Lift on vehicle import ban driven by Treasury committee recommendations to meet IMF revenue targets. Decision reflects committee's aim to balance economic objectives with fiscal sustai...
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Source:
Economy Next
Sri Lanka trade deficit up 77-pct to Feb, imports...
In February 2024, Sri Lanka experienced a significant widening of its trade deficit, which surged by 817 percent to $319 million compared to $39 million previously. This was accompanied by a notable 35 percent increase in imports, while merc...
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Insight on Revenue
Tobacco Policy: Mitigating the Influence...
The Hidden Side of Cigarette Pricing
The media in Sri Lanka has often misrepre...
Who is responsible for Alternative facts...
The term ‘Alternative Facts’...
Fixing Sri Lanka's Revenue Problem is a...
Taxes are the key source of government revenue. Normally, the tax shar...
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Featured
Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
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Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
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Sri Lanka met 46 IMF commitments and failed 12 by...
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Re...
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