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Featured Insight
Sri Lanka's mounting interest cost: The largest expenditure in Budget 2025
In budget 2025, LKR 2,950 billion (8.9% of GDP) has been allocated for interest payments on public debt. Government revenue is estimated at LKR 4,990 billion in 2025, nearly 60% of which will be spent on servicing just the interest payments on debt. Comparison of Interest Cost with Key Tax Revenues in 2025 To put this in context, tax revenues from VAT, Excise Tax, Social Security Contribution Levy, Withholding Tax, and PAYE are expected to generate LKR 2,860 billion (62% of total tax revenue ). Even all of this covers only 97% of total interest expenditure.
Featured Insight
Sri Lanka's mounting interest cost: The largest expenditure in Budget 2025
In budget 2025, LKR 2,950 billion (8.9% of GDP) has been allocated for interest payments on public debt. Government revenue is estimated at LKR 4,990 billion in 2025, nearly 60% of which will be spent on servicing just the interest payments on debt. Comparison of Interest Cost with Key Tax Revenues in 2025 To put this in context, tax revenues from VAT, Excise Tax, Social Security Contribution Levy, Withholding Tax, and PAYE are expected to generate LKR 2,860 billion (62% of total tax revenue ). Even all of this covers only 97% of total interest expenditure.
Featured Insight
Sri Lanka's mounting interest cost: The largest expenditure in Budget 2025
In budget 2025, LKR 2,950 billion (8.9% of GDP) has been allocated for interest payments on public debt. Government revenue is estimated at LKR 4,990 billion in 2025, nearly 60% of which will be spent on servicing just the interest payments on debt. Comparison of Interest Cost with Key Tax Revenues in 2025 To put this in context, tax revenues from VAT, Excise Tax, Social Security Contribution Levy, Withholding Tax, and PAYE are expected to generate LKR 2,860 billion (62% of total tax revenue ). Even all of this covers only 97% of total interest expenditure.
Featured Insight
Sri Lanka's mounting interest cost: The largest expenditure in Budget 2025
In budget 2025, LKR 2,950 billion (8.9% of GDP) has been allocated for interest payments on public debt. Government revenue is estimated at LKR 4,990 billion in 2025, nearly 60% of which will be spent on servicing just the interest payments on debt. Comparison of Interest Cost with Key Tax Revenues in 2025 To put this in context, tax revenues from VAT, Excise Tax, Social Security Contribution Levy, Withholding Tax, and PAYE are expected to generate LKR 2,860 billion (62% of total tax revenue ). Even all of this covers only 97% of total interest expenditure.
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Insights and analysis on the 2023 IMF programme.
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection.
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
Daily Mirror
IMF reiterates need for Sri Lanka to have an equit...
The IMF stresses the importance of Sri Lanka implementing an equitable tax system to improve revenue collection, stabilize fiscal conditions, and foster sustainable economic growth amid ongoing challenges.
மேலும் வாசிக்க
Source:
The Morning
Drafting of property tax proposal initiated
The Ministry of Finance in Sri Lanka has confirmed its intent to introduce a new National Property Tax (NPT), following recommendations from an International Monetary Fund (IMF) study. Contrary to rumors, the government clarified that only a...
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Source:
LBO
Monetary Policy Board further reduces policy inter...
The Monetary Policy Board of the Central Bank of Sri Lanka, in its meeting on November 23, 2023, decided to decrease the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 100 basis points each to 9.00% an...
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நுண்ணறிவு International Monetary Fund
இலங்கையின் சர்வதேச நாணய நிதிய (IMF) வேலை...
ஜன் 12ம் திகதி சர்வதேச நாணய நிதியம் (IMF)...
ஏப்ரல் மாதத்தில் முடிக்கப்பட வேண்டிய IMF...
தலைப்பு: பெப்ரவரி மாத இறுதிக்குள் இலங்கை...
வெரிட்டே ரிசர்ச்சின் ' IMF கண்காணிப்ப...
நிறைவேற்றப்பட வேண்டிய மொத்த உறுதிமொழிகள...
Sri Lanka met 46 IMF commitments and fai...
The transparency in Sri Lanka’s ong...
Sri Lanka met 41 IMF commitments and fai...
Sri Lanka verifiably met 41 of the 73 trackable commitments that were due for completion by end-O...
செப்டம்பரில், IMF திட்டத்தின் வெளிப்படைத...
உபதலைப்பு: இலங்கை முக்கியமான வேலைத்திட்ட...
இலங்கை ஆகஸ்ட் மாத இறுதியில் சர்வதேச நாணய...
உபதலைப்பு: ஆட்சியை மேம்படுத்துவதில் முக்க...
ஜூலை மாதத்திற்குள் சர்வதேச நாணய நிதியத்...
சர்வதேச நாணய நிதியத் (IMF) திட்டத்தில் கீ...
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விவரணம்
CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection.
மேலும் வாசிக்க
Can We Build a World-Class City with Third-World P...
This article was compiled by Dr. Sanjaya de Silva, Associate Professor of Economics at Bard College. His research interests include development and economic history in South and Southeast Asia.
மேலும் வாசிக்க
Sri Lanka's mounting interest cost: The largest ex...
In budget 2025, LKR 2,950 billion (8.9% of GDP) has been allocated for interest payments on public debt. Government revenue is estimated at LKR 4,990 billion in 2025, nearly 60% of which will be spent on servicing just the interest payments...
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