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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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Insights and analysis of public debt.
Uncovering Sri Lanka's Debt Trail: Who owns Sri Lanka's External Debt?
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.
From The PF Wire
Source:
The Morning
Debt burden set to shrink by 2032
Sri Lanka's debt is expected to drop from 113% of GDP in 2023 to 82% by 2032, exceeding IMF targets. Sri Lanka's debt stock is projected...
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Source:
EconomyNext
New debt process needed for countries like Sri Lan...
A new predictable and orderly’ debt resolution process is needed for countries like Sri Lanka and Surinam which are not covered by existing frameworks, International Monetary Fund Managing Director Kristalina Georgieva has said.
Read More
Source:
Economy Next
Sri Lanka needs responsible borrowing, China co-op...
China should co-operate with Sri Lanka’s debt re-structuring while the country should engage in responsible borrowings in the future, United State Agency for International Development Chief Samantha Power said.
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Insight on Debt
The Government Has to Repay Yearly an Av...
The infographic shows the actual annual f...
What Are the Largest Projects Financed t...
China, Japan, I...
Sri Lanka Pays the Largest Proportion of...
The graph shows the gross debt as a perce...
Who Are the Major Foreign Lenders for Sr...
Sri Lanka&rsquo...
Actual Liability of the Government Is Mo...
The general understanding of public/gover...
Non-Compliance with the Fiscal Managemen...
The Fiscal Management (responsibility) Ac...
Government Debt Has Surpassed 100% of GD...
According to...
3 Problems on Debt Numbers
A case study by VeriteResearch identified 3 main problems in debt repo...
Navigating Sri Lanka's Debt: Better repo...
The published information on debt underes...
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Featured
Sri Lanka’s Fitch Credit Rating has been downgrade...
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings.  ...
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Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
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IMF Programme: Performance Evaluation (February 20...
Sri Lanka verifiably failed to meet 33% of the commitments due by end-February 2024 in its International Monetary Fund (IMF) programme, according to the February update of Verité Research’s ‘IMF Tracker’....
Read More