Government expenditure on elections (2010 and 2015)"The Election Commissioner recently stated that the cost of the 2020 ...continue reading
Sri Lanka’s Fiscal Performance (2020 vs 2019)Latest figures released by Ministry of Finance show that the first ...continue reading
Sri Lanka’s already lagging Tax/GDP ratio likely to decline in 2020Sri Lanka’s Tax/GDP ratio has been declining with further declines ...continue reading
Allocation of Government expenditure from June – August 2020On 31st May 2020, the government issued a circular allocating funds ...continue reading
Allocation of Government expenditure from March-May 2020On 10th March 2020, the government issued a circular allocating funds for the period of March-May 2020. In total, LKR 1, 225 bn is allocated from 6th March to 31st May 2020 52% of the total allocation is spent on...continue reading
Consistent revenue shortfalls lead to more borrowings and less spendingThe deviation in government revenue from the estimated ...continue reading
The budget deficit has increased in 2019: With lower revenue and higher expenditureThe recently released figures for 2019 show that government ...continue reading
Sri Lanka’s Government Debt DemystifiedA Government’s public debt position includes both debt of ...continue reading
Changes in Special Commodity Levy (SCL) on Essential GoodsOn 22 May 2020, Sri Lanka made significant changes to the SCL.continue reading
Emergency Credit assistance from IMF: Is Sri Lanka making the best choices?The COVID-19 pandemic has resulted in severe macroeconomic ...continue reading