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The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
Featured Insight
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
Featured Insight
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
Featured Insight
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.
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Recent trends and developments in government expenditure on the public health sector.
Sanitary Napkins: Subjected to Unreasonably High Taxes
The total tax burden on Sanitary napkins is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewelry, raw silk, golf clubs and gol...
From The PF Wire
Source:
Sunday Times
Loss of Rs. 125m by giving PCR contract to a parti...
Disregarding average market prices, PCR testing kits had been bought from a bidder who quoted a higher price at the outbreak of the COVID-19 pandemic, thus causing a financial loss of more than Rs. 125 million, the Auditor General’s 20...
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Source:
Island
Germany pledges to convert EUR 13 MN loan into gra...
Strengthening the long-standing close partnership between Germany and Sri Lanka, the German government proposed to convert the supplementary loan obtained from the German KfW bank for completing the New Maternity Hospital (Teaching) Galle into a grant, Finance Ministr...
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Source:
Daily News
Rs.76 b spent so far on COVID vaccine imports
The Government has spent Rs. 76 billion this year alone to import COVID-19 vaccines, says State Pharmaceuticals Corporation Chairman Dr. Prasanna Gunasena.
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Insight on Health
Sri Lanka’s health expenditure is laggin...
Sri Lanka’s public health expenditu...
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Featured
Uncovering Sri Lanka's Debt Trail: Who owns Sri La...
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.
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CBSL more Optimistic than the IMF
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) projection.
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Expected GDP Outcomes: Budget 2024
The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.
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