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How did Sri Lanka Finance Government Expenditure in 2022?
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. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
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. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
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. The infographic below provides a breakdown of government finances for the year 2022.
Featured Insight
How did Sri Lanka Finance Government Expenditure in 2022?
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. The infographic below provides a breakdown of government finances for the year 2022.
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Budget 2022
Budget 2022
Detailed analysis of the 2022 budget.
Interim Budget or Secret Budget?
The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering and mathematics....
From The PF Wire
Source:
Daily Mirror
First quarter budget deficit expands 21% amid shar...
The fiscal deficit for the first three months of 2022 expanded by 21.2% to Rs. 484.3 billion over the same period in 2021, signalling another year of a stretched budget.
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Source:
Daily Mirror
Govt presents supplementary estimate to Parliament
Government yesterday presented to Parliament a supplementary estimate to spend Rs 695 billion for various purposes. The estimate presented to the House to spend Rs 67 billion to continue payment of the monthly allowance of Rs. 5000 to govern...
Read More
Source:
Daily FT
Public Finance Committee clears 2022 Appropriation...
The Appropriation Bill for 2022 has been approved by the Committee on Public Finance. According to the Bill, which was tabled in Parliament, the total expenditure for 2022 is estima...
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Insight on Budget 2022
Interim Budget or Secret Budget?
The Ministry of Defense was specified as...
Interim Budget or Secret Budget?
24 expenditure proposals and 5 regulatory...
State of The Budget Report 2022: Assessm...
This is the second report in a series of two reports on Sri Lanka&rs...
How has the Amended (Interim) Budget Cha...
The Amended (Interim) Budget, which was presented to Parliament on A...
Amendments to the Appropriation Bill Inc...
The Amendment to the Appropriation Bill f...
Supplementary Estimate 2022 : What it En...
Sources of Financing for Top 5 Ministrie...
Based on the 20...
Inconsistency in Budget Numbers Across D...
In November 2021, the Government rel...
Over Estimation Of Social Security Contr...
Budget 2022 proposed a Social Security Co...
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Featured
Earnings from Tourism: Are we getting it right?
Sri Lanka is expecting the earnings from tourism to play a significant role in driving the recovery of Sri Lanka’s foreign currency. However, there are important concerns accuracy of the estimated earnings from tourism....
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Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
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The Rise Of The Zombie Firms: The Problem With Rec...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the Univers...
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