Budget snapshot
The 2024 Budget at a glance
The 2024 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 Gazette supplement.
Total spending
Total spending provided for, as printed in each Bill
2023Rs 7.88 trillion 2024 is down from 2023 2024Rs 7.83 trillion▼
-Rs 52.7 billion (-0.7%) before allowing for inflation.
Per person, per day
Rs 978
Total spending divided by the IMF population estimate for 2024, then by 365 days.
Where Rs 100 goes
- Debt servicing (interest and repayments)Rs 49.8 of every Rs 100
- Everything elseRs 22.7 of every Rs 100
- Defence and securityRs 7.1 of every Rs 100
- PensionsRs 5.5 of every Rs 100
- Provincial councilsRs 5.5 of every Rs 100
- HealthRs 5.2 of every Rs 100
- EducationRs 3.0 of every Rs 100
- Public administrationRs 1.2 of every Rs 100
Debt servicing
Rs 50
of every Rs 100 goes on debt servicing
- InterestRs 2.63 trillion
- Repaying loansRs 1.26 trillion
Biggest ministries
- Ministry of Public Administration, Home Affairs, Provincial Councils and Local GovernmentRs 886 billion
- Ministry of Finance, Economic Stabilization and National PoliciesRs 723 billion
- Ministry of DefenceRs 424 billion
- Ministry of HealthRs 410 billion
- Ministry of Transport and HighwaysRs 404 billion
What changed since 2023
- Biggest rise: Minister of Finance, Economic Stabilization and National Policies+Rs 221 billion
- Biggest cut: Department of Treasury Operations-Rs 296 billion
Large moves can come from functions shifting between ministries.
Borrowing limit
Rs 3.90 trillion
The most the Bill allows to be outstanding from borrowing during the year.
Source: the 2024 Gazette supplement (Appropriation Bill), read by Budgets LK. Amounts are in rupees as printed and are not adjusted for inflation.