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Only 11 out of 52 SOEs have Published Financial Data up to 2022!
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
Featured Insight
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
Featured Insight
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
Featured Insight
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
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Budget 2024
Budget 2024
Detailed analysis of the 2024 Budget
Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
From The PF Wire
Source:
Daily Mirror
Nearly half of Sri Lankan public dissatisfied with...
Nearly half of Sri Lankans, especially TIN holders, are dissatisfied with the 2024 budget, prioritizing health, defence, and education.
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Source:
The Morning
Budget deficit: A stubborn stain on the balance sh...
Sri Lanka's persistent budget deficit has become a perennial issue, plaguing successive governments due to poor financial management practices. Verité Research's recent findings (Read more :
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Source:
LBO
Budget 2024: Pragmatic Implementation & Timely Exe...
The Ceylon Chamber of Commerce views the 2024 Budget as a critical continuation of macroeconomic stabilization efforts initiated in late 2022 to address Sri Lanka's economic challenges. Acknowledging past macroeconomic mismanagement, the...
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Insight on Budget 2024
Highlights from the Appropriation Bill f...
The Appropriation Bill for 2024 was prese...
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Featured
Is the Pandemic the Sole Cause for the Depletion i...
Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with
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Defence budget for uniforms and diets alone up by...
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022.
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The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019.
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