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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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Recent trends and developments in public finance issues related to transport and communication.
From The PF Wire
Source:
Daily Ft
Fuel prices rise
Fuel prices in Sri Lanka have seen a significant increase, with State-run Ceylon Petroleum Corporation (CEYPETCO) and Lanka IOC raising the price of Octane 92 Petrol by Rs. 4 to Rs. 365 per litre, 95 Octane Petrol by Rs. 3 to Rs. 420, Auto D...
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Source:
LBO
500 new jeeps for Sri Lanka Police under Indian lo...
As the first phase of the 500 jeeps to be given to the Sri Lanka Police under Indian loan assistance, 125 new jeeps were handed over to the police today (12/22/2022) at the Ministry of Public Security.
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Source:
Daily Mirror
Protecting ‘Crudia Zeylanica’ tree in Central expr...
State Minister for Rural Roads Nimal Lansa said it would additionally cost as much as Rs.8 billion for the construction of the Central Expressway if its original route was altered to protect ‘Crudia Zeylanica’ tree.
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Insight on Transport and Communication
Sri Lanka Railways: Track Record of Loss...
The Department...
Sri Lanka Transport Board’s (SLTB) is ma...
Annual operating profit of SLTB has decli...
2021 Budget allocation for Road Developm...
The total allocation for Road Dev...
Expenditure on the Transport & Communica...
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Who are the Owners / Lessees of ports an...
Before 1999, all ports and terminals in the ports used to be 100% owne...
Budget 2021: Transport
The 2021 Budget Debate continues, and today the Sri Lankan Parliament...
Have Governments Fulfilled their Transpo...
Have consecut...
Featured
IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
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Sri Lanka met 46 IMF commitments and failed 12 by...
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Re...
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Defence budget for uniforms and diets alone up by...
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022.
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