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Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
Featured Insight
Sri Lanka’s Economic Reliance on Chemical Fertilizer
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers. In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers
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Urban Development and Housing
Urban Development and Housing
Recent trends and developments in government expenditure on urban development and housing.
Insight on Urban Development and Housing
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Today (2nd December 2020) is the 2021 Budget Debate for the Ministry of Urban Dev...
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Tariffs on Powdered Milk
Majority of Import taxes pertaining to milk powder were removed with effect from the 12th of August 2021. The HS codes in relation to the removal of taxes are 040210, 040221 and 040229.
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How Much Do Casinos Owe the Inland Revenue Departm...
In 2015, the government imposed a one-off Casino Industry levy of LKR 1 Bn each on the 4 Casinos established in Sri Lanka. As a result, a total of LKR 4 Bn was owed to the Inland Re...
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Steering out of the Debt Crisis: Recipes for Budge...
“Steering Out of the Debt Crisis: Recipe for Budget 2022” by Verité Research was anchored around addressing Sri Lanka’s debt crisis. The forum presented research and analysis pertaining to debt management a...
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