Public Finance Data and Analysis
In August 2021, the Sri Lanka government allocated LKR 3.8 billion to purchase organic fertilizers from local producers, in the government effort to switch the nation to organic fertilizers.
In 2020, the Sri Lanka's government spent 0.24% of GDP on its fertilizer subsidy program, a longstanding policy to provide low-cost fertilizer to boost agricultural productivity in the country. Expenditure on the fertilizer subsidy has varied over the years due to fluctuating harvesting patterns associated with the climate, settlement of arrears from prior years, and so on. Sri Lanka's fertilizer usage intensity is close to the median range among its regional peers