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Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
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Govt sector salary increase between 24% to 50 % in 2025
Substantial salary increases for public servants, ranging from 24% to 50%, along with performance-based increments and benefits, effective from January 2025. &nbs...
2024-08-23
Daily News
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Workers’ remittance, tourism muster USD 4.5 Bn by June 2024
Sri Lanka's foreign reserves are on the rise thanks to strong performances in both workers' remittances and tourism revenue. These positive trends are contributing to a strengthening currency and healthy foreign exc...
2024-07-22
Daily News
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Govt. manages budget deficit independently
State Minister of Finance Shehan Semasinghe announced that under a new Central Bank Act, the Government independently manages the budget deficit. ...
2024-07-22
The Morning
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SL economy outperforms in 1Q, but uncertainty looms due to elections: ADB
Sri Lanka's economy outperformed expectations in the first quarter, but the outlook remains uncertain due to upcoming elections, with revised inflation forecasts indicating improvements from better supply-side condition...
2024-07-19
Daily Mirror
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“Huge responsibility” delays Sri Lanka’s SOE restructuring: State FinMin
The restructuring of Sri Lanka's state-owned enterprises is delayed to ensure transparency, maximum value, protection of employee rights, and service quality improvement, amid political uncertainty and the upcoming pres...
2024-07-19
Economy Next
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