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dc.contributor.authorEcon Team
dc.date.accessioned2024-08-16T14:42:05Z
dc.date.available2024-08-16T14:42:05Z
dc.date.issued2024-06-26
dc.identifier.urihttps://archive.veriteresearch.org/handle/456/6886
dc.descriptionThis IKR entry contains 01 infographic available in English, Sinhala and Tamil.en_US
dc.description.abstractGovernment spending increased by 20% in 2023, reaching LKR 5,357 billion, up from LKR 4,473 billion in 2022. This LKR 884 billion increase was primarily due to an LKR 890 billion rise in interest payments. In contrast, spending on all other categories decreased by LKR 6 billion. Specifically, Capital Transfers increased by LKR 198 billion, Transfer Payments rose by LKR 190 billion, and Other Purchases of Goods and Services went up by LKR 117 billion. However, Salaries and Wages decreased by LKR 17 billion, and Net Lending dropped by LKR 494 billion.en_US
dc.language.isoenen_US
dc.publisherColombo: Verite Researchen_US
dc.relation.ispartofseriesPublic Finance Infographics;
dc.subjectEconomics - Public financeen_US
dc.subjectPublic finance - Interest expenditureen_US
dc.subjectPublic finance - Expenditureen_US
dc.subjectPublic finance - Budget 2023en_US
dc.subjectPublic finance - Expenditure breakdownen_US
dc.title2023 government expenditure surge matches the increase in interest payments​en_US
dc.typeInfographicsen_US


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