Topics
Explore
Featured Insight
Sri Lanka’s government education spending is the lowest in South Asia
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for education spending in South Asia. By contrast, countries like India, the Maldives, and Afghanistan invest over 4 percent of their GDP in public education, while Bhutan leads the way, allocating an impressive 8 percent. For the past 15 years, Sri Lanka’s education budget has remained stuck between 1.5 and 2 percent, while most other South Asian countries have steadily increased their spending. Despite Sri Lanka’s relatively strong educational outcomes, there's still plenty of room for improvement, especially when it comes to raising the quality of education and expanding access to higher education. Investing in education is crucial for building human capital, which fuels productivity and drives economic growth. Moreover, a strong education system is essential for tackling many of the social challenges the country faces today. Due to limited government revenue and spending constraints, the government may need to redirect funds from other sectors and prioritise its needs to increase the budget for education. You can explore the 2024 Budget allocations for each sector here. Let us know in the comments which areas you think the government could reduce spending on to improve education in the Sri Lanka.
Featured Insight
Sri Lanka’s government education spending is the lowest in South Asia
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for education spending in South Asia. By contrast, countries like India, the Maldives, and Afghanistan invest over 4 percent of their GDP in public education, while Bhutan leads the way, allocating an impressive 8 percent. For the past 15 years, Sri Lanka’s education budget has remained stuck between 1.5 and 2 percent, while most other South Asian countries have steadily increased their spending. Despite Sri Lanka’s relatively strong educational outcomes, there's still plenty of room for improvement, especially when it comes to raising the quality of education and expanding access to higher education. Investing in education is crucial for building human capital, which fuels productivity and drives economic growth. Moreover, a strong education system is essential for tackling many of the social challenges the country faces today. Due to limited government revenue and spending constraints, the government may need to redirect funds from other sectors and prioritise its needs to increase the budget for education. You can explore the 2024 Budget allocations for each sector here. Let us know in the comments which areas you think the government could reduce spending on to improve education in the Sri Lanka.
Featured Insight
Sri Lanka’s government education spending is the lowest in South Asia
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for education spending in South Asia. By contrast, countries like India, the Maldives, and Afghanistan invest over 4 percent of their GDP in public education, while Bhutan leads the way, allocating an impressive 8 percent. For the past 15 years, Sri Lanka’s education budget has remained stuck between 1.5 and 2 percent, while most other South Asian countries have steadily increased their spending. Despite Sri Lanka’s relatively strong educational outcomes, there's still plenty of room for improvement, especially when it comes to raising the quality of education and expanding access to higher education. Investing in education is crucial for building human capital, which fuels productivity and drives economic growth. Moreover, a strong education system is essential for tackling many of the social challenges the country faces today. Due to limited government revenue and spending constraints, the government may need to redirect funds from other sectors and prioritise its needs to increase the budget for education. You can explore the 2024 Budget allocations for each sector here. Let us know in the comments which areas you think the government could reduce spending on to improve education in the Sri Lanka.
Featured Insight
Sri Lanka’s government education spending is the lowest in South Asia
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for education spending in South Asia. By contrast, countries like India, the Maldives, and Afghanistan invest over 4 percent of their GDP in public education, while Bhutan leads the way, allocating an impressive 8 percent. For the past 15 years, Sri Lanka’s education budget has remained stuck between 1.5 and 2 percent, while most other South Asian countries have steadily increased their spending. Despite Sri Lanka’s relatively strong educational outcomes, there's still plenty of room for improvement, especially when it comes to raising the quality of education and expanding access to higher education. Investing in education is crucial for building human capital, which fuels productivity and drives economic growth. Moreover, a strong education system is essential for tackling many of the social challenges the country faces today. Due to limited government revenue and spending constraints, the government may need to redirect funds from other sectors and prioritise its needs to increase the budget for education. You can explore the 2024 Budget allocations for each sector here. Let us know in the comments which areas you think the government could reduce spending on to improve education in the Sri Lanka.
Data
Reports
Acts and Gazettes
Insights
Dashboards
Annual Budget Dashboard
Budget Promises
Fiscal Indicators
Fuel Price Tracker
IMF Tracker
Infrastructure Watch
PF Wire
About Us
EN
English
සිංහල
தமிழ்
;
Thank You
Free and Open Access to
Public Finance Data and Analysis
Home
Acts and Gazettes
All
Acts
Betting and Gaming Levy
Excise and Excise (Special Provisions)
Finance
Fiscal Management (Responsibility)
Inland Revenue
Tax Incentives
Value Added Tax
Trade Tax-related
Other
Appropriation
Gazettes/Regulations
Ministry of Finance
Fiscal Policy Department
Trade and Investment Policy Department
Circulars
Debit Tax (2002) and Default Taxes
National Budget Department
Management Service Department
Treasury and Operations Department
State Accounts Department
Management Audit Department
Trade investment Policy Department
Public Enterprises Department
Public Finance Department
Comptroller General's Office
Inland Revenue Department
Fiscal Policy Department
Ministry of Finance
Tags
All
All
Action Plan
Actual
Annual Report
Appropriation Bill
Asset Management
Audit
Bank
Bonds
Budget
Central Bank of Sri Lanka
Compensation
COPF
Corporate
Covid
Customs Duty
Customs
Debt Management
Debt
Deficit Financing
Development
Disaster
Elections
Employee Provident Fund
Employment
EPF
ESC
Estimate
Excise
Expenditure
External Debt
Finance Act
Financing
Fiscal Policy
Gaming Tax
Gazette
Grant
Health
IMF
Income Tax
Loans
Macroeconomics
Ministry of Finance
Motor Vehicles
National Evaluation Policy
NBT
PAL
Parliament
Performance Report
Procurement
Progress Report
Project Progress
Provincial Council Budget
Public Finance
Remuneration
Reserves
Revenue
Scams
SCL
SOEs
Stamp Duty
State-Owned Enterprises
Tax Exemptions
Tax Incentives
Tax Reforms
Tax Revenue
Tax
Telecommunication Levy
Tobacco
VAT
Data
Reports
Acts and Gazettes
Insights
Filter by year
From
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
To
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Decentralized Budget Programme - 2024 - Ministry of Finance (Circular No. MF/02/2023) (29/12/2023)
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Implementation of Recommendation No. (1) of the Cabinet Sub-Committee Report on National Energy Potentials, Strategies and Roadmap for the Next Decade - Ministry of Finance (Circular No. MF/05/2023) (04/05/2023)
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Release of exchange for duty foreign travel and related expenses - Ministry of Finance (Circular No. MF/06/23/50/2023) (20/03/2023)
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Gazette No- 2278/21- Ministry of Finance - Import and Export (Control) Act No. 1 of 1969 (5/6/2022)
Official changes made to existing regulations/taxes or introduction of new regulations/taxes. This is with regards to items specified under the Finance Act.
Download as PDF
3rd Efficiency Bar Examination for Officers in Grade 1 of the Sri Lanka Inland Revenue Service
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Gama samaga pilisandarak 2022
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Decentralized Capital Budget Programme 2021
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Simplifying Systems and Processes to Fast track Implementation of Development Activities
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF
Adoption Of A Vibrant Mechanism To Receive, Evaluate And Approve Investment Proposals To Meet The Urgent Foreign Direct Investment Needs Of The Country And To Facilitate The Line Ministries &Government Agencies For The Expeditious Execution Of Such Proposals
A circular distributed by the Ministry of Finance to relevant persons/institutions. Examples of areas covered include establishing a Procurement Management Unit, sending nominations for foreign programs (internal), procedures for release of foreign currency for all official travels and related expenses and other matters relating to the Treasury.
Download as PDF