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Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
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Budget 2022
Budget 2022
Detailed analysis of the 2022 budget.
Interim Budget or Secret Budget?
24 expenditure proposals and 5 regulatory proposals were tracked in this assessment. Expenditure proposals refer to those proposals that involve capital expenditure by the government distributed across ministries etc. Regulatory proposals re...
From The PF Wire
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...
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Source:
Sunday Times
New budget to replace 2022 current budget
Sri Lanka’s new administration headed by Prime Minister Ranil Wickremesinghe is gearing up to present a new, relief-based budget, around next month, replacing budget 2022 – for the first time in history since independence
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Source:
Ceylon today
Budget 2022 passed
The Third Reading of the Appropriation Bill 2022 was passed with a majority of 93 votes on Friday (10). The voting took place at 6:05 p.m. A total of 157 voted in favour to 64 against. The voting took place at 6:05 p.m. Minister of Finance B...
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Insight on Budget 2022
Budget Promises: Beyond Parliament 2020
Budget Promises : Beyond Parliament is a...
Steering out of the Debt Crisis: Recipes...
“Steering Out of the Debt Crisis: R...
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Featured
Uncovering Sri Lanka's Debt Trail: Who owns Sri La...
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.
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An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenur...
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Sri Lanka's No. 1 export to the US faces a potenti...
On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States. With apparel comprising 64 percent of these exports—valued at nearly USD 1.8 billion in 2023—Sri Lanka’s apparel...
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