Vote on Account first; 2025 Budget early next year: NPP Economic Council
The new President plans to introduce a vote on account to cover expenditures until a fully-fledged budget is presented next year, according to Professor Anil …
Budget
Sri Lanka’s Economic Crossroads: Harsha De Silva’s Unveiling Critique of Budget 2024
● Blatant violation of the Fiscal Management Responsibility Act in Budget 2024, with budget deficit exceeding 5%. ● Staggering increase in poverty …
VAT exemptions will be limited to health, education & few essential foods: Deloitte Sri Lanka budget discussion
Deloitte Sri Lanka, part of the international auditing, consulting, and financial advisory giant, Deloitte Global, held a special “Budget Night” panel …
Sri Lanka’s Ambitious Budget Agenda Faces High Implementation Risks: Fitch Ratings
The targets laid out in Sri Lanka’s budget for 2024 will be challenging to meet, even with the economic recovery that we expect to continue next year, says …
Budget 2024: Pragmatic Implementation & Timely Execution Will be Key, says CCC
The Ceylon Chamber of Commerce considers the 2024 Budget as a crucial step in continuing the macroeconomic stabilization measures that began in late 2022, as a …
Full Budget Speech 2024
DOWNLOAD DOWNLOAD President Ranil Wickremesinghe, serving as the Minister of Finance, presented the 2024 budget to Parliament under the theme "Prelude to a …
Tax Administration and Tax Policy Revisions
Excise Department Introduction of an online license-issuing system. And increase in the Excise License fees. Introduction of Sri Lanka Standards (SLS) …
Sri Lanka Allocates Rs. 3000 Bn for Sovereign Bond Settlement in 2024 Budget
Sri Lanka has earmarked a substantial Rs. 3000 billion for the execution of foreign debt restructuring and the settlement of international sovereign bonds …
Sri Lanka Budget Speech 2024 – Highlights
President and Finance Minister Ranil Wickremesinghe is delivering the Second Reading of the Appropriation Bill for the financial year 2024 in Parliament. Sri …
Focus on Including Private Sector Proposals for Building the Economy in the Budget
President Ranil Wickremesinghe has announced his intention to prioritize the inclusion of proposals from the private sector in this year's budget and to …
SL economy to grow by 1.7-pct:Revenue mobilization fundamental for sustainable fiscal path
Sri Lanka’s economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, says the World Bank in its twice-a-year update, while signaling …
You will find many surprises in the next budget: President
Sri Lanka's President Ranil Wickremesinghe, who is also the Finance Minister, told Parliament yesterday that there will be many surprises in the next budget. …
IMF staff mission for Sri Lanka defends new tax schedule for personal income tax
The tax package, including the new tax rate schedule for personal income tax, is in line with international comparison, defending the government's new tax …
CCC says budget is in right direction but stresses implementation is key to success
The Ceylon Chamber of Commerce observes that the National Budget for 2023 contains many laudable reform proposals which, if implemented in a timely manner, …
Budget 2023: Download Budget Speech (Text)
Budget Speech 2023:
Budget Speech 2023 – Highlights
President and Finance Minister Ranil Wickremesinghe is delivering the Second Reading of the Appropriation Bill for the financial year 2023 in Parliament. …
Sri Lanka’s interim budget proposals at a glance
A summary of President Ranil Wickremesinghe’s interim budget speech is as follows; By 2025 Government revenue is expected to grow to around 15 percent of GDP …