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Expenditure on the Education Sector : Regional Comparison
The UN has dedicated the 24th of January as the International Day of Education in celebration of the role of education for peace and development Sri Lankas’ Education Expenditure has been lagging behind regional peers. Sri Lankas’ highest expenditure on education was in 2017 where expenditure as a percentage of GDP was 2.80% and 14.5% as a percentage of total expenditure.
Featured Insight
Expenditure on the Education Sector : Regional Comparison
The UN has dedicated the 24th of January as the International Day of Education in celebration of the role of education for peace and development Sri Lankas’ Education Expenditure has been lagging behind regional peers. Sri Lankas’ highest expenditure on education was in 2017 where expenditure as a percentage of GDP was 2.80% and 14.5% as a percentage of total expenditure.
Featured Insight
Expenditure on the Education Sector : Regional Comparison
The UN has dedicated the 24th of January as the International Day of Education in celebration of the role of education for peace and development Sri Lankas’ Education Expenditure has been lagging behind regional peers. Sri Lankas’ highest expenditure on education was in 2017 where expenditure as a percentage of GDP was 2.80% and 14.5% as a percentage of total expenditure.
Featured Insight
Expenditure on the Education Sector : Regional Comparison
The UN has dedicated the 24th of January as the International Day of Education in celebration of the role of education for peace and development Sri Lankas’ Education Expenditure has been lagging behind regional peers. Sri Lankas’ highest expenditure on education was in 2017 where expenditure as a percentage of GDP was 2.80% and 14.5% as a percentage of total expenditure.
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Recent trends and developments in government expenditure on civil administration.
25 of 52 Key SOEs identified by Ministry of Finance do not have financial data available online from 2017 onwards
State-owned enterprises (SOEs) continue to play a key role in the Sri Lankan economy, particularly in strategic sectors such as energy, water, banking and insurance, public transportation, ports, and aviation.
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economynext
Sri Lanka inflation hits 12-year high in Nov 2021...
Sri Lanka’s inflation accelerated to 9.9 percent in the 12-months to November from 7.6 percent in October, in the wake of record money printing for over two years, while policy in reserve currency central banks also deteriorated.
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Source:
Daily FT
Tax amnesty bill, new SEC Bill get Parliament appr...
Parliament yesterday approved two important finance bills including one to grant tax amnesties as well as the new Securities and Exchange Commission of Sri Lanka Bill. The Finance Bill which indemnifies persons who voluntarily disclose taxab...
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Source:
Daily FT
Govt. gazettes Tax Amnesty Bill
The Government has published a Tax Amnesty Bill which would indemnify persons who voluntarily disclose taxable supply, income or assets, against liability from investigation, prosecution and penalties.
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Public Report on the 2022 Budget: Assessment of th...
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This repo...
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Central Government Debt Profile : As at End of Nov...
The total outstanding central government debt as of the end of November 2021 is LKR 17,414 billion where 63% falls under domestic debt and the balance of 37% under foreign debt. Treasury bonds account for...
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A Sri Lankan Household Spends 24% of Average Mont...
Sri Lanka's fuel prices increased rapidly within the last few months, even though the Government representatives stated that Sri Lanka still had the lowest fuel prices in the region. However, with the latest fuel prices purchasing a full tank (45 Liters) of Petrol...
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