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The budget deficit has increased in 2019: With lower revenue and higher expenditure

The recently released figures for 2019 show that government revenue has fallen from 13.4% of GDP in 2018 to 12.6% of GDP in 2019. Meanwhile, government expenditure has increased from 17.7% of GDP in 2018 to 19.4% of GDP in 2019. This has caused a significant increase in...

Consistent revenue shortfalls lead to more borrowings and less spending

The deviation in government revenue from the estimated figure has been increasing overtime. As a result, the government fell short of spending its budgeted expenditure and the budget balance deteriorated. The deviation in the...

Sri Lanka’s COVID-19 relief compared to selected regional peers

In March, the Government of Sri Lanka announced a Rs.5,000 handout to vulnerable communities affected by COVID. How do Sri Lanka’s efforts compare to fiscal spending on the vulnerable by regional peers?

Expenditure on the Defence Sector (2010 – 2019)

Sri Lanka’s health expenditure is lagging behind its peers

Sri Lanka’s public health expenditure has stagnated/declined as a share of GDP, relative to peer countries and the world. Adequate investment in public health enables better preparedness for emerging challenges such as the COVID-19 pan...

What Happens When a Government Body Runs Out of Money?

When a government body runs out of money, Parliament must approve a supplementary allocation for additional funding. On the 5th of February, the Minister of Finance submitted a request to increase total government spending by 156 billion Sri...

Budget Promises 2018: Most Responsive Institutions

Are our ministries open about the progress made on budget promises? In 2018, these government agencies while not making information readily available online, did readily shared it when it was requested by contacting the agency

Budget Promises 2018: Openness of Promises

By making it easier for people to find out what happened with the promises, the government can increase public confidence in government budgets. How open was the government in sharing information on the implementation progress of promises in...

Budget Promises 2018: Most Closed Institutions

Are our ministries open about the progress made on budget promises? In 2018, these government agencies did not share any information even after filing an RTI request and appeals.

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