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Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
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Health
Recent trends and developments in government expenditure on the public health sector.
Sanitary Napkins: Subjected to Unreasonably High Taxes
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and gol...
From The PF Wire
Source:
Sunday Times
Loss of Rs. 125m by giving PCR contract to a parti...
Disregarding average market prices, PCR testing kits had been bought from a bidder who quoted a higher price at the outbreak of the COVID-19 pandemic, thus causing a financial loss of more than Rs. 125 million, the Auditor General’s 20...
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Source:
Island
Germany pledges to convert EUR 13 MN loan into gra...
Strengthening the long-standing close partnership between Germany and Sri Lanka, the German government proposed to convert the supplementary loan obtained from the German KfW bank for completing the New Maternity Hospital (Teaching) Galle into a grant, Finance Ministr...
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Source:
Ceylon Today
Govt has spent Rs 262B to fight COVID-19 – PM
It has been revealed the Government has spent approximately Rs 262 billion for the control and suppression of COVID-19 in Sri Lanka, Prime Minister Mahinda Rajapaksa said on Wednesday (30).
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Insight on Health
Sanitary Napkins: Subjected to Unreasona...
The Government Spent Only 10.6% of The I...
On the 23rd of March 2020, President Gota...
2021 Budget Allocations for Hospital Dev...
The total alloc...
Expenditure on the Health Sector (2010 –...
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Budget 2021: Health
On the 30th November 2020, the Budget Debate for the M...
Health Sector Allocations, 2018 to 2021
The 2021 Sri Lankan Budget has allocated LKR 223,285 Mn to...
Have Governments Fulfilled their Health-...
Have consecut...
Itukama COVID – 19 Healthcare and Social...
On the 23rd of March 2020, President Gota...
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Featured
How did Sri Lanka Finance Government Expenditure i...
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakd...
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Debt Digest - March 2023
This article was compiled by Dr. Nishan de Mel and Professor Udara Peiris. Dr. Nishan de Mel is the Executive Director of Verité Research and an eco...
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The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019.
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