Search
Now showing items 41-50 of 131
Changes in Allocations to Ministries
(Colombo: Verite Research, 2023-10-13)
In the Appropriation Bill for 2024, key ministries such as Finance, Defense, Health, Education, Transport, and Highways witness an increase in their allocations.
The Ministry of Finance experienced the largest year on ...
Sectoral Allocations: Budget 2024
(Colombo: Verite Research, 2023-11-13)
This series of infographics contains sectoral allocations from Budget 2024. Allocations to Finance, Defence and Health were among the highest.
Summary: Budget 2024
(Colombo: Verite Research, 2023-11-13)
Budget 2024 expects budget deficit for the year 2024 to increase by 19%.
Expected GDP Outcomes - Budget 2023
(Colombo: Verite Research, 2022-11-15)
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.
Sri Lanka's Fiscal Targets for 2023
(Colombo: Verite Research, 2022-11-15)
The infographic outlined that Government revenue was expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
What Caused the Rise in Tax Revenue from 2021 to 2022?
(Colombo: Verite Research, 2023-06-30)
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a ...
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
(Colombo: Verite Research, 2023-01-05)
On January 1st, 2023, the government decided to raise the excise taxes on cigarettes by 20%. The increase affected various sizes of cigarettes differently, with the smallest size (no larger than 60mm) seeing a tax increase ...
Why did Sri Lanka fall short of revised 2022 tax revenue target?
(Colombo: Verite Research, 2023-07-20)
Sri Lanka missed its tax revenue target in 2022, falling short by Rs 101 bn. Prioritizing fiscal consolidation has been given greater importance as part of the current IMF program. A series of budget deficits, excessive ...
Expenditure Proposals from the 2023 Budget
(Colombo: Verite Research, 2022-11-15)
The infographics contain some of the key expenditure proposals presented in the 2023 Budget.
Large Scale Infrastructure Small Scale Disclosure
(Colombo: Verite Research, 2023-09-04)
Despite the Right to Information (RTI) Act’s proactive disclosure requirement, only 18% and 25% of information required to be disclosed on large-scale infrastructure projects were proactively disclosed online in 2022 and ...