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Sri Lanka’s Current IMF Programme: 110 ongoing commitments, 62 due by March 2024
The International Monetary Fund (IMF) has published its evaluation of Sri Lanka’s performance in the first phase or ‘first term’ of the ongoing Extended Fund Facility (EFF) programme, which commenced in March 2023. Verité Research updated its ‘IMF Tracker’, based on all information available, including in the IMF evaluation titled ‘First Review Under the Extended Arrangement Under The Extended Fund Facility’. Sri Lanka had ‘met’ (with some delays) 60 of the 73 commitments due by end-November 2023. The 13 remaining commitments were ‘not met’. Of these 13, eight have been carried forward into the second term, or the period leading up to the second review. Five were irreversibly ‘not met’, and therefore, cannot be carried forward.
Featured Insight
Sri Lanka’s Current IMF Programme: 110 ongoing commitments, 62 due by March 2024
The International Monetary Fund (IMF) has published its evaluation of Sri Lanka’s performance in the first phase or ‘first term’ of the ongoing Extended Fund Facility (EFF) programme, which commenced in March 2023. Verité Research updated its ‘IMF Tracker’, based on all information available, including in the IMF evaluation titled ‘First Review Under the Extended Arrangement Under The Extended Fund Facility’. Sri Lanka had ‘met’ (with some delays) 60 of the 73 commitments due by end-November 2023. The 13 remaining commitments were ‘not met’. Of these 13, eight have been carried forward into the second term, or the period leading up to the second review. Five were irreversibly ‘not met’, and therefore, cannot be carried forward.
Featured Insight
Sri Lanka’s Current IMF Programme: 110 ongoing commitments, 62 due by March 2024
The International Monetary Fund (IMF) has published its evaluation of Sri Lanka’s performance in the first phase or ‘first term’ of the ongoing Extended Fund Facility (EFF) programme, which commenced in March 2023. Verité Research updated its ‘IMF Tracker’, based on all information available, including in the IMF evaluation titled ‘First Review Under the Extended Arrangement Under The Extended Fund Facility’. Sri Lanka had ‘met’ (with some delays) 60 of the 73 commitments due by end-November 2023. The 13 remaining commitments were ‘not met’. Of these 13, eight have been carried forward into the second term, or the period leading up to the second review. Five were irreversibly ‘not met’, and therefore, cannot be carried forward.
Featured Insight
Sri Lanka’s Current IMF Programme: 110 ongoing commitments, 62 due by March 2024
The International Monetary Fund (IMF) has published its evaluation of Sri Lanka’s performance in the first phase or ‘first term’ of the ongoing Extended Fund Facility (EFF) programme, which commenced in March 2023. Verité Research updated its ‘IMF Tracker’, based on all information available, including in the IMF evaluation titled ‘First Review Under the Extended Arrangement Under The Extended Fund Facility’. Sri Lanka had ‘met’ (with some delays) 60 of the 73 commitments due by end-November 2023. The 13 remaining commitments were ‘not met’. Of these 13, eight have been carried forward into the second term, or the period leading up to the second review. Five were irreversibly ‘not met’, and therefore, cannot be carried forward.
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Has the Government Fulfilled its Policy promises in the Social Empowerment Sector Through the 2021 Budget?
The National Policy Framework: Vistas of Prosperity and Splendour is the government’s official policy document. As such, the government is bound to implement the policies mentioned in this policy document. For the majority of...
2021-04-05
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Personal Emoluments as a Share of Total Expenditure
The chart below provides a sectoral breakdown of the total government budgeted expenditure on Personal Emoluments, including salaries and wages, overtime and holiday payments and other allowances. The sectoral breakdown was calculated based on the detailed budget...
2021-04-02
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Have Governments Fulfilled their Welfare-related Budget Promises?
Have consecutive governments stuck to their budget promises? In the past, governments have displayed deviations to their expenditure commitments. Here is a snapshot showing the dev...
2020-10-14
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