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Budget 2023
Detailed analysis of the 2023 Budget
National Budget Process in 60 Seconds!
The video below describes the National Budget process from planning to oversight. There are 4 steps to the whole process and is carried out between January and December.
From The PF Wire
Source:
Sunday Times
New tax hike hurts high income earners
The Government’s desperate move of increasing income tax to a very high level under the new tax reforms fulfilling one of the commitments for the US$2.9 billion IMF extended fund facility has hit hard the high income earners and professionals below the belt.
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Source:
Sunday Times
Treasury orders ministries to further reduce budge...
The Finance Ministry has issued a fresh circular, directing ministries to further slash their budgets by six percent... https://www.sundaytimes.lk/230122/news/tre...
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Source:
Economy Next
Sri Lanka parliament nod for 2023 budget with high...
Sri Lanka’s parliament passed 2023 budget that has proposed higher taxes and some basic reforms to content the International Monetary Fund (IMF) and secure $2.9 billion loan from the global lender to move out of the island nation&rsquo...
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Insight on Budget 2023
National Budget Process in 60 Seconds!
The video below describes the National Bu...
Will the budget's veil of secrecy be lif...
The lack of transparency on the implement...
Sri Lanka's best kept secret
The lack of fiscal transparency is a key...
Where's the promised land?
Land access has been identified as a cruc...
Does Sri Lanka Need More Rules or Better...
The government of Sri Lanka proposed introducing a new law to establish stronger rules on public...
Expenditure Proposals from the 2023 Budg...
The following infographics present some of the key expenditure proposals presented in the 2023 Bu...
Sectoral Allocations for the 2023 Budget
Sectoral allocations from the 2023 Budget, ranging from defence to water and sanitation
Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of L...
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget...
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Featured
IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
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Sri Lanka Met 38 IMF Commitments and Failed 8 by e...
Sri Lanka verifiably met 38 of the 57 trackable commitments that were due for completion by end-August in its 17th programme with the International Monetary Fund (IMF), according to the latest progress up...
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Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.The Appropriation Bill shows that there is a 12%...
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