Millennium Development Goals - Statistics and Reports/Medium Term Expenditure Framework

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Medium Term Expenditure Framework


The Medium Term Expenditure Framework (MTEF), consistent with the overall medium term- macro economic framework of Sri Lanka is generated from the government budget. It is a rolling plan of 3-5 years.

	Total Revenue


Fig 1. MTEF, resource allocation in relation to MDGs in its financial plans for 2005-2008

	Total Expenditure


Fig. 2 Total Expenditure according to MTEF 2006 budget expects to incur a Rs 40 Billion expenditure to expedite tsunami reconstruction and rehabilitation programmes.

	Major Invesment Areas 2006 - 2008


Fig. 3 Major investment areas in production and services in the MTEF 2005-2008 The Overall policy in the area of Production & Services is to ensure a sustained growth through higher productivity and its improvements while preserving the environment and managing Sri Lanka’s natural resources, harnessing potential employment opportunities. The vision of the MTF in this area is to create balanced economic development through enhanced activities in agriculture, industry and services sectors.

Source : Medium Term Expenditure Framework (MTEF) , 2006-2008 (Dept of National Budget, Ministry of Finance and Planning)
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