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Revenue
Insights and analysis of government revenue.
Revenue Foregone by Government Due to Tax Concessions
For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The...
From The PF Wire
Source:
Economy Next
Sri Lanka worker migration, passport issues, begin...
Sri Lanka has witnessed consecutive decreases in departures for foreign employment and passport issuances over several months. Departures dropped from 26,394 in August 2022 to 23,259 in December 2023, mirroring declines in passport issuances during the...
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Source:
Daily News
Revenue generated by divesting SOE’s could be plou...
Senior Economist Richard Miller of the World Bank emphasized the necessity for Sri Lanka to persist with its State-Owned Enterprise (SOE) reform program, dismissing the argument against divesting profitable SOEs. He highlighted that privatiz...
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Source:
Economy Next
Sri Lanka tax revenues surge 38-pct to August 22 a...
Sri Lanka state revenues surged 38 percent from a year earlier to 1,448 billion rupees in the eight months to August 2022, Finance Ministry data showed as the economy inflated in the wake of a currency collapse after two years of money print...
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Insight on Revenue
Decline in government revenue for 2020
According to the Central Bank Annual Report for 2020, government reven...
Taxes on Motor Vehicle Imports
Last year the government placed import restrictions on motor vehicles. How did this aff...
Deviation of Actual vs. Estimated Revenu...
The Fiscal Management Report released recently shows that Tax Revenue between Jan – Aug 202...
Summary of Fiscal Indicators, 1950 to 20...
The following chart displays the government revenue and expenditure...
Government Revenue in 2020 – Not Suffici...
According to the Ministry of Finance, government revenue is expected t...
Tax Impacts of Import Restrictions
Between Apr...
2020 Mid-year Fiscal Performance
Latest figures released by the Central Bank of Sri Lanka show that rev...
Sri Lanka’s Fiscal Performance (2020 vs...
The latest figures released by the Ministry of Finance show that the f...
Sri Lanka’s already lagging Tax to GDP r...
Sri Lanka’s Tax/GDP ratio has been declining with further declin...
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Featured
Total SOE Losses in the first four months of 2022...
During the first four months of 2022 the cumulative loss of State-Owned Enterprises (SOEs) amounted to LKR 860 BN. This figure outweighs the annual loss of SOEs in 2021.  The top 3 contributors to the increase of the...
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IMF programme’s transparency falls to lowest point...
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International...
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Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.Allocations above only include Central Government allocations.  Provincial allocations are not included...
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