Browsing Infographics by Subject "Public Finance"
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2025 Vote on Account: Revenue and expenditure - Revenue increase is less than the increase in primary expenditure
(Colombo: Verité Research, 2024-12-13)On 6 December, Parliament approved the 2025 Vote on Account, allocating funds for the first four months of the year. For January to April 2025, primary expenditure—which includes both recurring and capital spending but ... -
Amendments to the Appropriation Bill Increases Government Expenditure for 2022
(Verité Research, 2022-08-04)The Amendment to the Appropriation Bill for 2022 was presented to Parliament ahead of the interim budget speech. The amended bill shows a 20% increase in expenditure to LKR 4,672 billion for the year 2022 which could widen ... -
Appropriation Bill 2025: Ministerial allocations
(Colombo: Verité Research, 2025-01-07)The Appropriation Bill for 2025, presented to Parliament on 9 January 2025, allocates funds for government spending for the full year of 2025 – following the Vote on Account which only allocated funds for the first 4 months ... -
Sri Lanka’s new personal income tax structure reduces tax burden across income groups
(Colombo: Verité Research, 2024-12-20)In his recent address to Parliament, the President announced proposed reforms to Sri Lanka’s Personal Income Tax (PIT) system. These changes include raising the tax-free monthly income threshold from LKR 100,000 to LKR ... -
Vote on Account 2025: Which ministries got the highest allocations?
(Colombo: Verité Research, 2024-12-12)On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil ...