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Financing of the Budget Deficit, 2010 to 2022
(2021-11-23)
The following infographic depicts the financing of the budget deficit from 2010 to 2022 estimates as presented in the 2022 budget.
Provincial Council Receipts and Expenditure in 2020
(2021-11-02)
The finance commission makes an annual recommendation on the allocation of funds required to meet the needs of provincial councils to the government. The Western Province has the highest absolute value, and the North Central ...
Over Estimation of Social Security Contribution
(2021-12-10)
Budget 2022 proposed a Social Security Contribution (SSC) tax to rebuild the Sri Lankas Economy from the COVID- 19 pandemic. SSC is charged at 2.5% on an annual turnover exceeding LKR 120 million. This tax is proposed to ...
Budget Promises: Beyond Parliament - 2020 End Year Assessment
(Colombo: Verite Research, 2021-10)
Due to the absence of a budget speech in 2020, the public finance platform tracked 24 cabinet decisions—a combination of expenditure and regulatory policy decisions—made from January to June 2020. The decisions tracked ...
Public Report on the 2021 Budget: Assessment on Whether the Expenditure Allocations and Taxation Policies are in Line with the Governments Policy
(Colombo: Verité Research, 2021-03)
This report will assist the public and other stakeholders in understanding the adequacy, credibility and prioritisation of the government’s expenditure allocations and taxation policies and the extent to which these are ...