Budget snapshot
The 2023 Budget at a glance
The 2023 Sri Lanka Budget in quick pictures: total spending, where Rs 100 goes, debt servicing, the biggest ministries and what changed. Worked out from the official Appropriation Bill.
Total spending
Total spending provided for, as printed in each Bill
2022Rs 5.13 trillion 2023 is up from 2022 2023Rs 7.88 trillion▲
+Rs 2.75 trillion (+53.6%) before allowing for inflation.
Per person, per day
Rs 980
Total spending divided by the IMF population estimate for 2023, then by 365 days.
Where Rs 100 goes
- Debt servicing (interest and repayments)Rs 52.8 of every Rs 100
- Everything elseRs 21.8 of every Rs 100
- Defence and securityRs 6.7 of every Rs 100
- PensionsRs 5.3 of every Rs 100
- Provincial councilsRs 5.3 of every Rs 100
- HealthRs 4.1 of every Rs 100
- EducationRs 2.9 of every Rs 100
- Public administrationRs 1.1 of every Rs 100
Debt servicing
Rs 53
of every Rs 100 goes on debt servicing
- InterestRs 2.14 trillion
- Repaying loansRs 2.02 trillion
Biggest ministries
- Ministry of Public Administration, Home Affairs, Provincial Councils and Local GovernmentRs 856 billion
- Ministry of Finance, Economic Stabilization and National PoliciesRs 614 billion
- Ministry of DefenceRs 410 billion
- Ministry of Transport and HighwaysRs 373 billion
- Ministry of HealthRs 322 billion
What changed since 2022
- Biggest rise: Department of Treasury Operations+Rs 1.57 trillion
- Biggest cut: Department of Multi-purpose Development Task Force-Rs 8.5 billion
Large moves can come from functions shifting between ministries.
Borrowing limit
Rs 4.43 trillion
The most the Bill allows to be outstanding from borrowing during the year.
Source: the 2023 Appropriation Bill, read by Budgets LK. Amounts are in rupees as printed and are not adjusted for inflation.