Sri Lanka 2024 Budget Summary. The president emphasized that unless state income is increased from 10% to 15% of the gdp, the country faces the risk of economic challenges. This contains the summary of the 2024 budget.
All right reserved solution by elysiancrest.com solution by elysiancrest.com The proposed budget for 2024 paints an interesting financial landscape for sri lanka, with anticipated revenues and grants hitting lkr 4,127 billion against expenditures of lkr 6,978 billion, leading to a significant deficit.
900 Billion In 2021 To Rs.
The president emphasized that unless state income is increased from 10% to 15% of the gdp, the country faces the risk of economic challenges.
Here Are Some Of The Key Takeaways From The 2024 Budget That Was Presented To Parliament.
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Proceedings Of The House Commenced At 1200 Hrs.
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Budget Expenditure Has Been Set At A Record 6.98 Trillion Rupees In 2024, An Increase Of Nearly 33% Compared To 2023, With Capital Expenditure More Than Doubling And 450 Billion Rupees.
Medium term macro fiscal framework from 2021 to 2025.
Tax Revenue Increase By 50 Percent This Year.
The proposed budget for 2024 paints an interesting financial landscape for sri lanka, with anticipated revenues and grants hitting lkr 4,127 billion against expenditures of lkr 6,978 billion, leading to a significant deficit.
Based On The 2024 Budget Estimates, Expenditure On Uniforms And Diets In The Defence Sector Is Projected To Increase By A Significant Lkr 75 Billion, A 258 Percent Rise Compared To 2022.