Topics
Explore
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Featured Insight
What Caused the Rise in Tax Revenue from 2021 to 2022?
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a substantial portion of this growth stems from increments in Value Added Tax (VAT), Personal Income Tax and Corporate Tax, which experienced respective increments of Rs 155 billion and Rs 212 billion. Improving fiscal consolidation will be of paramount importance as Sri Lanka advances in its IMF program.
Data
Reports
Acts and Gazettes
Insights
Dashboards
Annual Budget Dashboard
Budget Promises
Fiscal Indicators
Fuel Price Tracker
IMF Tracker
Infrastructure Watch
PF Wire
About Us
EN
English
සිංහල
தமிழ்
;
Thank You
Free and Open Access to
Public Finance Data and Analysis
Home
Topics
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...
From The PF Wire
Source:
Daily News
US$ 422 Mn earned through electronic exports in 20...
Dhammika Samarawickrama, Member of the Industry Commission and Chairman of the Advisory Council of the Ministry of Industry (Electronics and Electrical) said that Sri Lankan exporters have brought in US$ 422 million to Sri Lanka last year by sending electronic and electrical equipment abroad amid...
Read More
Source:
Daily Mirror
Fuel prices up
“Despite the huge increase in fuel prices in the world market, the government has managed to hold the current fuel prices without revising them for 21 months. Unfortunately, the government can no longer keep prices stable. There has never been a time in history wh...
Read More
Source:
The Island
CEB employees launch ‘sick note’ campaign, pay ris...
Notwithstanding the economic crisis triggered largely by the Covid-19 pandemic, the government is expected to grant a 25 per cent salary increase to the 28,000 workforce of the Ceylon Electricity Board (CEB), which will cost the Treasury an additional Rs. 9 billion annu...
Read More
Insight on Energy and Water Supply
November 2024 Fuel Price Update: Market...
Following the monthly fuel price revision...
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...
Change in Tariffs on Monthly Electricity...
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...
page
1
of
2
‹
1
2
›
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.
Read More
Sharing the cost of the crisis: The need to restru...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Fi...
Read More
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
Read More
