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Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
Featured Insight
Total and primary deficits run in opposite directions
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase an interest payments. Revenue increased by 43 percent from LKR 918 Bn to LKR 1315 Bn resulting in the primary deficit turning from a deficit into a surplus. Total expenditure increased as well, from LKR 1822 Bn in Q2 2022 to LKR 2560 Bn in Q2 2023, noting a 40 percent increase.
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The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparen...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
Daily News
Ceylon Chamber welcomes National Digital Economy S...
Focusing on enhancing the digital infrastructure to support the growth of the digital economy, including broadband access and digital connectivity. Prioritizing the swift implementation of...
மேலும் வாசிக்க
Source:
Ceylon Today
Development Lotteries Board achieves Rs 3B in prof...
With the objective of funding the President’s Fund for public services and the Mahapola Higher Education Scholarship Fund, the Development Lotteries Board (DLB) which was founded by Act No. 20 of 1997 has recorded Rs.3 billion in profits for the first time, achieving the annual revenue targ...
மேலும் வாசிக்க
Source:
Daily FT
Govt. gazettes Tax Amnesty Bill
The Government has published a Tax Amnesty Bill which would indemnify persons who voluntarily disclose taxable supply, income or assets, against liability from investigation, prosecution and penalties.
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நுண்ணறிவு சிவில் நிர்வாகம்
இலங்கை துறைமுக அதிகாரசபை - ஒரு இலாபகரமான...
2015ம்
Key Issues Highlighted In The Audior Gen...
Issues highlighted in bidding process from 2013 to...
நிதியமைச்சினால் அடையாளம் காணப்பட்ட அரசுக...
இலங்கையின் பொருளாதாரத்தில் அரசுக்குச் சொந...
அரசாங்க நிதி பற்றிய குழு: தொழிற்பாடுகளும...
பாராளுமன்றத்தின...
வரி தொடர்பான தரவு பொதுமக்களுக்கு எவ்வளவு...
உள்நாட்டு இறை...
சிவில் நிர்வாகத் துறையின் செலவினம் (2010...
இலங்கை அதன் வெளிநாட்டுத் தூதரகங்களுக்கு...
வெளிநாட்டுத் தூ...
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விவரணம்
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparen...
மேலும் வாசிக்க
Sri Lanka met 46 IMF commitments and failed 12 by...
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Re...
மேலும் வாசிக்க
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenur...
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