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IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
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Ministry of Finance Budget Speech 2022
A full copy of the speech made to Parliament by the Finance Minister outlining the Budget policies to be pursued. The Budget Speech provides an outline of all proposals and their respective allocations, the expected revenue collection and debt to be raised, and any planned tax amendments for the upcoming year.
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Ministry of Finance Budget Speech 2021
A full copy of the speech made to Parliament by the Finance Minister outlining the Budget policies to be pursued. The Budget Speech provides an outline of all proposals and their respective allocations, the expected revenue collection and debt to be raised, and any planned tax amendments for the upcoming year.
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Ministry of Finance Budget Speech 2020
A full copy of the speech made to Parliament by the Finance Minister outlining the Budget policies to be pursued. The Budget Speech provides an outline of all proposals and their respective allocations, the expected revenue collection and debt to be raised, and any planned tax amendments for the upcoming year.
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Ministry of Finance Budget Speech 2019
A full copy of the speech made to Parliament by the Finance Minister outlining the Budget policies to be pursued. The Budget Speech provides an outline of all proposals and their respective allocations, the expected revenue collection and debt to be raised, and any planned tax amendments for the upcoming year.
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Ministry of Finance Budget Speech 2018
A full copy of the speech made to Parliament by the Finance Minister outlining the Budget policies to be pursued. The Budget Speech provides an outline of all proposals and their respective allocations, the expected revenue collection and debt to be raised, and any planned tax amendments for the upcoming year.
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Ministry of Finance Budget Speech 2017
A full copy of the speech made to Parliament by the Finance Minister outlining the Budget policies to be pursued. The Budget Speech provides an outline of all proposals and their respective allocations, the expected revenue collection and debt to be raised, and any planned tax amendments for the upcoming year.
View Report