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Expenditure Proposals: Budget 2024
(Colombo: Verite Research, 2023-11-13)
The highest expenditure proposal from the 2024 Budget amounted to LKR 11,250 million for a decentralized budget programme. The list of infographics displays the highest expenditure proposals from the 2024 Budget.
Expected GDP Outcomes: Budget 2024
(Colombo: Verite Research, 2023-11-13)
The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.
Violation of Fiscal Rules: Budget 2024
(Colombo: Verite Research, 2023-11-13)
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
Fiscal Targets: Budget 2024
(Colombo: Verite Research, 2023-11-13)
Projections in Budget 2024 expect revenue to be 13.1% of GDP in 2024.
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%.