Search results
Results From The WOW.Com Content Network
Ministry of Finance, Economic Stabilization and National Policies; මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්යාංශය
Thus, a capital budget is used to fund large, long-term investments in infrastructure, such as roads, bridges, and public buildings. Program budget is a budget that is structured around specific programs or services, such as education or public safety. It allows for more detailed tracking of spending and performance metrics for each program ...
The Constitution of Sri Lanka has been the constitution of the island nation of Sri Lanka since its original promulgation by the National State Assembly on 7 September 1978. It is Sri Lanka's second republican constitution and its third constitution since the country's independence (as Ceylon) in 1948, after the Donoughmore Constitution ...
Public expenditure is spending made by the government of a country on collective or individual needs and wants of public goods and public services, such as pension, healthcare, security, education subsidies, emergency services, infrastructure, etc. [6] Until the 19th century, public expenditure was limited due to laissez faire philosophies
The government has expressed its commitment towards adopting the accrual-basis IPSASs for accounting and budgeting. The Government of Sri Lanka has requested that the Institute of Chartered Accountants of Sri Lanka [5] prepare suitable accrual basis accounting standards for use by public sector entities. The ICASL's Public Sector Accounting ...
The tax revenue to GDP ratio is just about 11.6 percent as of 2018, which is one of the lowest rates among the upper-middle income earning countries. [2] At present, the government of Sri Lanka also face major challenges regarding the continuous budget deficits where government expenditures have exceeded the government tax revenue. [3]
Sri Lanka Freedom Party: S. W. R. D. Bandaranaike: Minister of Local Government and Cultural Affairs [14] [15] [16] Vimala Wijewardene: Sri Lanka Freedom Party: 9 June 1959: Minister of Local Government and Housing [17] 21 November 1959: W. Dahanayake: M. B. W. Mediwake: Sri Lanka Freedom Party: J. R. Jayewardene: United National Party: 23 ...
Under the Soulbury Constitution, which consisted of The Ceylon Independence Act, 1947 and The Ceylon (Constitution and Independence) Orders in Council 1947, Sri Lanka was then known as Ceylon. [1] The Soulbury Constitution provided a parliamentary form of Government for Ceylon and for a Judicial Service Commission and a Public Service Commission.