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Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
Featured Insight
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
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Expenditure
Expenditure
Insights and analysis of government expenditure.
Tax concessions account for half of the budget deficit
All sorts of tax concessions (reported as “tax expenditure”)costs the government almost a trillion rupees a year in potential revenue. In the financial year 2023/24 the tax expenditure statement published by the gove...
From The PF Wire
Source:
The Morning
Rs. 3,000 allowance for pensioners from next week
Rs. 3,000 interim allowance for all pensioners starting next week. President Anura Kumara...
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Source:
Ceylon Today
No Vehicle Imports in 2022 – Basil
Minister of Finance Basil Rajapaksa said the importation of vehicles and new staff recruitments to the public sector will not be permitted in 2022. While noting that efforts should be made to stop the importation of milk powder, Rajapaksa ad...
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Source:
Daily Mirror
Govt. to infuse US$ 500mn to SriLankan Airlines as...
The government will infuse as much as US$ 500 million to SriLankan Airlines during the next five years adding much required capital to the national carrier, which is undergoing restructuring since last year, while retaining control under the...
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Insight on Expenditure
Sri Lanka’s Personal Income Taxpayer Bas...
Rising interest payments crowd out capit...
Sri Lanka’s government expenditure...
New Year “Kevili” Table Costs 7 Percent...
The cost of preparing a traditional kevil...
Tax concessions account for half of the...
All sorts of tax concessions (reported as...
Government introduces new expenditure an...
On 05 December 2024, the government prese...
How is the election budget spent?
The General Election is approaching, and the government expects to spe...
The price of parliament- What does it lo...
In 2022, the most recent year with detail...
Poor transparency in large scale infrast...
Section 9 of the RTI Act No. 12 of 2016 m...
Economic Transformation Act's 2.3% Prima...
The Economic Transformation Act (ETA), en...
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Featured
Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics....
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“Sugar Scam” is not the Whole Iceberg: “Forestalli...
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...
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Maldives debt continues to rise at critical levels
The Maldives faces a significant economic challenge, with public debt reaching an alarming 134% of its GDP in 2024—a level widely regarded as dangerously high. This comes despite healthy real GDP growth of around five percent.
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