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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. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
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. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
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. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
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. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
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Sri Lanka Railways: Track Record of Losses
The Department of Sri Lanka Railways (SLR) has been running at substantial losses over the past several years. In the last 10 years, between 2010-2020, SLR has accumulated a loss that amounts to LKR 331 Bn, larger t...
2021-09-24
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2021 Budget allocation for Road Development
The total allocation for Road Development in the 2021 Budget amounted to LKR 375 billion. This consists of LKR 350 billion allocated for the Ministry of Highways and LKR 25 billion allocated to the State Ministry of Rural Ro...
2021-05-28
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Expenditure on the Transport & Communication Sector (2010 – 2019)
2021-05-26
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Has the Government Fulfilled its Policy Promises in the Transport Sector Through the 2021 Budget?
The National Policy Framework: Vistas of Prosperity and Splendour is the government’s official policy document. As such the government is bound to implement the policies mentioned in this policy document. For the majority of t...
2021-04-05
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Budget 2021: Transport
The 2021 Budget Debate continues, and today the Sri Lankan Parliament discusses the allocations of the Ministry of Transport & Ministry of Highways. Here are all the budget proposals relating to the transportation sector.
2020-12-08
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Have Governments Fulfilled their Transport & Communication-related Budget Promises?
Have consecutive governments stuck to their budget promises? In the past, governments have displayed deviations to their expenditure commitments. Here is a snapshot showing the dev...
2020-08-15
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