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Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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National inflation hits fresh high in December amid soaring food prices
Sri Lanka’s headline inflation measured by the National Consumer Price Index (NCPI) hit 14 percent in the twelve months to December 2021— touching a fresh high from November’s 11.1 percent—the...
2022-01-24
Daily mirror
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Rs. 5,000 allowance for SOE employees, but with conditions
The Government has decided to provide a monthly allowance of Rs. 5000 to employees of State-Owned Enterprises (SOEs) such as corporations and statutory boards
2022-01-23
Sunday Times
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India pledges approx. US$ 2.415B
India has pledged a whopping US$ 2.415 billion to Sri Lanka owing to the current financial crisis mainly caused by external debt payments and a dearth of US dollars. This includes the US$ 500 million credit line, to purchase fuel....
2022-01-22
Ceylon Today
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Sri Lanka pays USD 500mn sovereign bond matured today: CB Governor
The Governor of Sri Lanka’s Central Bank Ajith Nivard Cabraal states that Sri Lanka has paid the USD 500 million sovereign bond that matured today (18).
2022-01-18
LBO
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