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Defence Sector Claims Nearly Half of State Salaries
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence sector is estimated to claim nearly half (48%) of state salaries. Here is a breakdown of the estimated sector-wise allocation of state salaries for the year 2023.
Featured Insight
Defence Sector Claims Nearly Half of State Salaries
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence sector is estimated to claim nearly half (48%) of state salaries. Here is a breakdown of the estimated sector-wise allocation of state salaries for the year 2023.
Featured Insight
Defence Sector Claims Nearly Half of State Salaries
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence sector is estimated to claim nearly half (48%) of state salaries. Here is a breakdown of the estimated sector-wise allocation of state salaries for the year 2023.
Featured Insight
Defence Sector Claims Nearly Half of State Salaries
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence sector is estimated to claim nearly half (48%) of state salaries. Here is a breakdown of the estimated sector-wise allocation of state salaries for the year 2023.
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Expenditure
Insights and analysis of government expenditure.
Government introduces new expenditure and relief through supplementary budget
On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...
From The PF Wire
Source:
Daily Mirror
Senior citizens’ bank interest income below Rs.100...
The Finance Ministry has decided to exempt withholding tax (WHT) from senior citizens who earn below Rs. 100,000 from their bank interests, Finance State Minister Ranjith Siyambalapitiya said. He said the decision was taken considering the inconvenience caused to them due to the WHT.
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Source:
Daily Mirror
Govt. grants monthly allowance to State officials...
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Source:
Ceylon Today
Govt to table Supplementary Estimate of Rs 200B
The Government is planning to table a Supplementary Estimate of Rs 200 billion in Parliament shortly, with the aim of getting it passed to control the spread of COVID-19 pandemic as well as to look after State-related expenses....
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Featured
Sri Lanka Has The Highest Inflation Amongst South...
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other...
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