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IMF Article IV Report – Key Issues and Recommendations
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on February 10th, 2022. Following is a summary of the key findings of the report under 5 distinct subsections.
Featured Insight
IMF Article IV Report – Key Issues and Recommendations
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on February 10th, 2022. Following is a summary of the key findings of the report under 5 distinct subsections.
Featured Insight
IMF Article IV Report – Key Issues and Recommendations
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on February 10th, 2022. Following is a summary of the key findings of the report under 5 distinct subsections.
Featured Insight
IMF Article IV Report – Key Issues and Recommendations
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on February 10th, 2022. Following is a summary of the key findings of the report under 5 distinct subsections.
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Budget 2023
Budget 2023
Detailed analysis of the 2023 Budget
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
From The PF Wire
Source:
Sunday Times
New tax hike hurts high income earners
The Government’s desperate move of increasing income tax to a very high level under the new tax reforms fulfilling one of the commitments for the US$2.9 billion IMF extended fund facility has hit hard the high income earners and professionals below the belt.
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Source:
Sunday Times
Treasury orders ministries to further reduce budge...
The Finance Ministry has issued a fresh circular, directing ministries to further slash their budgets by six percent... https://www.sundaytimes.lk/230122/news/tre...
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Source:
Economy Next
Sri Lanka parliament nod for 2023 budget with high...
Sri Lanka’s parliament passed 2023 budget that has proposed higher taxes and some basic reforms to content the International Monetary Fund (IMF) and secure $2.9 billion loan from the global lender to move out of the island nation&rsquo...
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Insight on Budget 2023
National Budget Process in 60 Seconds!
The video below describes the National Bu...
Will the budget's veil of secrecy be lif...
The lack of transparency on the implement...
Sri Lanka's best kept secret
The lack of fiscal transparency is a key...
Where's the promised land?
Land access has been identified as a cruc...
Does Sri Lanka Need More Rules or Better...
The government of Sri Lanka proposed introducing a new law to establish stronger rules on public...
Expenditure Proposals from the 2023 Budg...
The following infographics present some of the key expenditure proposals presented in the 2023 Bu...
Sectoral Allocations for the 2023 Budget
Sectoral allocations from the 2023 Budget, ranging from defence to water and sanitation
Expected GDP Outcomes - Budget 2023
Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of L...
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget...
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Featured
What Caused the Rise in Tax Revenue from 2021 to 2...
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A c...
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Exceptionalism of Domestic Debt Restructuring in S...
Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF staff report t...
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Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.The Appropriation Bill shows that there is a 12%...
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