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How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakdown of government finances for the year 2022.
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Agriculture and Irrigation
Agriculture and Irrigation
Recent trends and developments in government expenditure on agriculture and irrigation.
From The PF Wire
Source:
Daily Mirror
April tea exports expand marginally by 1.3% YoY
In April 2024, tea exports totaled 16.38 million Kgs, marking a slight increase of 0.21 million Kgs from April 2023. Growth was ob...
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Source:
Ceylon Today
SL has world’s 6th highest food inflation – WB
Sri Lanka, with food inflation at 64 per cent last year, has the sixth largest food inflation in the world, the World Bank (WB) said on Friday (20). https://ceylontoday.lk/2023/01/21/sl-has-worlds-6...
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Source:
DailyFT
World Bank, EU support Sri Lanka’s agriculture mod...
The Ministry of Finance and the World Bank recently signed a new grant from the European Union to support the Agriculture Sector Modernisation Project ( ASMP). This grant is part of the EU’s EUR 25 million support to the $ 125 million project and will be administe...
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Insight on Agriculture and Irrigation
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Featured
Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
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Interim Budget or Secret Budget?
24 expenditure proposals and 5 regulatory proposals were tracked in this assessment. Expenditure proposals refer to those proposals that involve capital expenditure by the government distributed across ministries etc. Regulatory proposals re...
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2025 Vote on Account’s revenue gains may fall shor...
On 6 December, Parliament approved the 2025 Vote on Account, allocating funds for the first four months of the year. To understand what a Vote on Account entails, read our blog
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