Topics
Explore
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Data
Reports
Acts and Gazettes
Insights
Dashboards
Annual Budget Dashboard
Budget Promises
Fiscal Indicators
Fuel Price Tracker
IMF Tracker
Infrastructure Watch
PF Wire
About Us
EN
English
සිංහල
தமிழ்
;
Thank You
Free and Open Access to
Public Finance Data and Analysis
Home
Topics
Financing
Financing
Insights and analysis on the financing of the budget deficit.
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 breakd...
From The PF Wire
Source:
The Island
SL’s Rs. 2.4 trillion fiscal deficit and the need...
Dr. Rohan Pethiyagoda suggests that Sri Lanka's fiscal deficit can only be addressed through incremental reforms focused on efficiency, cost-cutting, and improved public discipline, rather than relying on taxation or sw...
Read More
Source:
Daily Mirror
Central Bank advises businesses to grasp current e...
The Central Bank aims to smoothen exchange rate volatilities rather than fix the rate. Businesses are used to fixed exchange rates, leading to misaligned expectations and potential financi...
Read More
Source:
Economy Next
Sri Lanka gross foreign reserves rise to 3.5 year...
Gross official reserves in Sri Lanka rose by $478 million in April 2024 to $5.438 billion due to the central bank's deflationary policy.
Read More
Insight on Financing
Net Foreign Assets of the Central Bank t...
Net Foreign Ass...
Provincial Council Receipts and Expendit...
The finance commission makes an annual re...
How Much Do Casinos Owe the Inland Reven...
In 2015, the government im...
Tariffs on Powdered Milk
Majority of Import taxes pertaining to milk powder were removed with e...
Ceylon Petroleum Corporation: What drive...
Ceylon Petroleum Corporation (CPC) is the...
Why Did the Budget Deficit Increase in 2...
Sri Lanka’s budget deficit has...
Sri Lankan Airlines: Annual and Accumula...
The total liabilities of Sri Lankan Airli...
What percentage of shareholding does the...
What percentage of shareholding does the...
Effectiveness of Tax Amnesty in Sri Lank...
On 9 July 2021, the government gazetted a...
page
3
of
5
‹
1
2
3
4
5
›
Featured
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public pro...
Read More
IMF programme’s transparency falls to lowest point...
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International...
Read More
The Best Next Step for Improving Tax Collection
This article was compiled by Sumini Siyambalapitiya. Sumini Siyambalapitiya is a former Lead Analyst in the Economics team of Verité Research and se...
Read More
