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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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Energy and Water Supply
Energy and Water Supply
Recent trends and developments in public finance issues relating to energy and water supply.
Electricity Bills in Sri Lanka: Highest in South Asia
Sri Lankans pay 2.5 to 3 times more for electricity than South Asian neighbours In 2023, Sri Lanka revised its electricity charges three times in Febru...
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Sri Lanka to buy wind power from Adani for 8.26 US...
Sri Lanka is purchasing power from wind plants developed by Adani Green Energy Limited of India. The agreed price for the power is...
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Fuel prices reduced
The Ceylon Petroleum Corporation has reduced all the retail fuel prices with effect from midnight yesterday (30).Accordingly, price of Octane 92 Petrol has been reduced by Rs. 3 per litre down to Rs. 368, Octane 95 Petrol reduced by Rs. 20 d...
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Pay hike to CEB employees: Govt. to foot an additi...
The 25% hike salary increase granted to 28,000 Ceylon Electricity Board (CEB) employees will cost the government an additional nine billion rupees annually, officials said.
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Insight on Energy and Water Supply
Petrol & Diesel Market Prices vs. Formul...
Following the monthly fuel price revision...
Petrol and Diesel vs. fuel price formula...
Following the monthly fuel price revision...
Where do 92 Octane and Auto Diesel stand...
On 31 May 2024, fuel prices in Sri Lanka...
Electricity Bills in Sri Lanka: Highest...
Sri Lankans pay 2.5 to 3 times mo...
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Electricity tariffs were initially revise...
Financial Performance of Sri Lanka’s Nat...
The below figure illustrates how Sri Lanka has performed at providin...
A closer look into the Ceylon Electricit...
The electricity sector in Sri Lanka is la...
Prices of Fuel Across Regional Emerging...
The prices of 92 Octane petrol has remain...
The Retail Price of Petrol and Diesel in...
92 Octane petrol
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Featured
Earnings from Tourism: Are we getting it right?
Sri Lanka is expecting the earnings from tourism to play a significant role in driving the recovery of Sri Lanka’s foreign currency. However, there are important concerns accuracy of the estimated earnings from tourism....
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The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public pro...
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An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenur...
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