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Sri Lanka Has The Highest Inflation Amongst South Asia Peers
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other countries in the South Asian region, Sri Lanka recorded the highest inflation rate in the month of February 2022. Whilst inflation has been broad based, food prices increased faster than other sectors. The food inflation was 25.7% in February 2022. According to the Census and Statistics Department of Sri Lanka, both the food inflation and the overall inflation has worsened in the month of March 2022, reaching 30.2% and 18.7% respectively.
Featured Insight
Sri Lanka Has The Highest Inflation Amongst South Asia Peers
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other countries in the South Asian region, Sri Lanka recorded the highest inflation rate in the month of February 2022. Whilst inflation has been broad based, food prices increased faster than other sectors. The food inflation was 25.7% in February 2022. According to the Census and Statistics Department of Sri Lanka, both the food inflation and the overall inflation has worsened in the month of March 2022, reaching 30.2% and 18.7% respectively.
Featured Insight
Sri Lanka Has The Highest Inflation Amongst South Asia Peers
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other countries in the South Asian region, Sri Lanka recorded the highest inflation rate in the month of February 2022. Whilst inflation has been broad based, food prices increased faster than other sectors. The food inflation was 25.7% in February 2022. According to the Census and Statistics Department of Sri Lanka, both the food inflation and the overall inflation has worsened in the month of March 2022, reaching 30.2% and 18.7% respectively.
Featured Insight
Sri Lanka Has The Highest Inflation Amongst South Asia Peers
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other countries in the South Asian region, Sri Lanka recorded the highest inflation rate in the month of February 2022. Whilst inflation has been broad based, food prices increased faster than other sectors. The food inflation was 25.7% in February 2022. According to the Census and Statistics Department of Sri Lanka, both the food inflation and the overall inflation has worsened in the month of March 2022, reaching 30.2% and 18.7% respectively.
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Ministry of Finance Appropriation Bill - Appropriation Act 2024
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
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Ministry of Finance Appropriation Bill - Appropriation Act 2023
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report
Ministry of Finance Appropriation Bill - Appropriation Act 2022
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report
Ministry of Finance Appropriation Bill (Final) - Appropriation Act 2021
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report
Parliament of Sri Lanka Appropriation Act No.7 2020
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
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Parliament of Sri Lanka Appropriation Act No.6 2020
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report
Parliament of Sri Lanka Appropriation Act No 6 of 2019
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report
Parliament of Sri Lanka Appropriation Act No 30 of 2017
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report
Parliament of Sri Lanka Appropriation Act No 24 of 2016
The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.
View Report