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Is Sri Lanka Addicted to Missing Revenue Targets?
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 academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
Featured Insight
Is Sri Lanka Addicted to Missing Revenue Targets?
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 academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
Featured Insight
Is Sri Lanka Addicted to Missing Revenue Targets?
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 academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
Featured Insight
Is Sri Lanka Addicted to Missing Revenue Targets?
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 academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
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Expenditure
Expenditure
Insights and analysis of government expenditure.
Defence Sector Claims Nearly Half of State Salaries
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023.
From The PF Wire
Source:
Economy Next
Sri Lanka state workers, military given Rs107bn in...
In April, Sri Lanka's Treasury released 107 billion rupees to state workers for their salaries, which includes an increment, as announced by State Minister for Finance Ranjith Siyambalapitiya. The usual monthly salary bill amounts to aro...
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Source:
Daily Mirror
PM promises a new budget with capital expenditure...
Prime Minister Ranil Wickremesinghe who met yesterday with representatives from the Chambers of Commerce, the Treasury and Economic Advisers, said a new budget would be presented with proposals for the significant reduction of capital expend...
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Source:
Ceylon Today
17 State-run institutions show total loss of LKR 1...
It is reported that 17 of the 52 State-run institutions, including the Ceylon Electricity Board (CEB), have registered losses totalling Rs 131.62 billion in 2020.
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Insight on Expenditure
Government Expenditure of Women’s Develo...
The 08th of March 2021 was International Women’s Day. How much has the gove...
Ministers and State Ministers – Cost of...
Did you know that the cost of maintaining an office for a cabinet and...
Interest Cost Accounts for 71.7 percent...
The domesti...
Sri Lanka’s Budget Cycle
A government budget is its annual financial statement containing expected revenue and expenditure...
New Government Recruitment Schemes: An i...
The Government has recently pledged to hi...
Allocation of Government Expenditure fro...
The Vote on Account from September to December was passed on the 28th of August 2020....
Background on Vote on Account
Today, 28 August 2020, is the last day of the debate in the Parliament...
The Money Spent on Parliament: Where doe...
In 2017, LKR 2,841 Million was spent on P...
The Fiscal Impact of Manifesto Promises
Political par...
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Featured
Sri Lanka Met 38 IMF Commitments and Failed 8 by e...
Sri Lanka verifiably met 38 of the 57 trackable commitments that were due for completion by end-August in its 17th programme with the International Monetary Fund (IMF), according to the latest progress up...
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Sri Lanka’s government education spending is the l...
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for educatio...
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New Year “Kevili” Table Costs 7 Percent More in 20...
The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year. It remains more than twice as expensive as in 2019.
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