SL Vote on Account’s Revenue gains to fall short of spending increase

• 5opn1
• December 18, 2024
• Banking and Financial
• SL Vote on Account’s Revenue gains to fall short of spending increase
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On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year,.

The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA. While in 2024, the largest allocation was for the Ministry of Finance, receiving LKR 1,077 annually.

For January to April 2025, primary expenditure—which includes both recurring and capital spending but excludes interest payments—is budgeted at LKR 1,425 billion, finance ministry dta shows

This breaks down into LKR 425 billion for capital projects and LKR 1,000 billion for recurrent expenses. The government expects revenue of LKR 1,600 billion, resulting in a primary balance (revenue minus primary expenditure) of LKR 175 billion