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Summary: Budget 2024
(Colombo: Verite Research, 2023-11-13)
Budget 2024 expects budget deficit for the year 2024 to increase by 19%.
Summary of the Budget 2023
(Colombo: Verite Research, 2022-11-15)
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
Highlights from the Appropriation Bill for 2023
(Colombo: Verite Research, 2022-11-02)
The Appropriation Bill for 2023 was presented to Parliament on the 18th of October, ahead of the budget speech in November.
The Appropriation Bill shows that there is a 26% increase in expenditure planned for 2023, while ...
How did Sri Lanka Finance Government Expenditure in 2022?
(Colombo: Verite Research, 2023-05-15)
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.
Highlights from the Appropriation Bill for 2024
(Colombo: Verite Research, 2023-10-06)
The Appropriation Bill shows that there is a 12% increase in expenditure planned for 2024. Interest payments alone remain more than one-third of total spending in 2024, reflecting an increase of 20% from 2023.