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Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
Featured Insight
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
Featured Insight
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
Featured Insight
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
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From The PF Wire
Source:
economynext
Sri Lanka inflation hits 12-year high in Nov 2021...
Sri Lanka’s inflation accelerated to 9.9 percent in the 12-months to November from 7.6 percent in October, in the wake of record money printing for over two years, while policy in reserve currency central banks also deteriorated.
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Source:
Daily FT
Tax amnesty bill, new SEC Bill get Parliament appr...
Parliament yesterday approved two important finance bills including one to grant tax amnesties as well as the new Securities and Exchange Commission of Sri Lanka Bill. The Finance Bill which indemnifies persons who voluntarily disclose taxab...
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Source:
Daily FT
Govt. gazettes Tax Amnesty Bill
The Government has published a Tax Amnesty Bill which would indemnify persons who voluntarily disclose taxable supply, income or assets, against liability from investigation, prosecution and penalties.
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Insight on Civil Administration
Sri Lanka Ports Authority – A Profitable...
The SLPA has made...
Key Issues Highlighted In The Audior Gen...
Issues highlighted in bidding process from 2013 to...
25 of 52 Key SOEs identified by Ministry...
State-owned enterprises (SOEs) continue t...
Committee on Public Finance : Roles and...
The Committee on Public Finance(COPF) is...
How important is tax data to the public?
Verité Research filed two Right to...
Expenditure on the Civil Administration...
How Much Does Sri Lanka Spend on its Ove...
Sri Lanka’s expenses on foreign mis...
Featured
Composition of Sri Lanka's Gross Official Reserves
The reported gross official reserves as of February 2022 stood at USD 2,311 MN, out of which 98% (USD 2,242 MN) consisted of short-term swaps maturing within 12 months. Whilst the quantity of reserves is important it is eq...
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Sri Lanka’s Fitch Credit Rating has been downgrade...
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. ...
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Amendments to the Appropriation Bill Increases Gov...
The Amendment to the Appropriation Bill for 2022 was presented to Parliament ahead of the interim budget speech. The amended bill shows a 20% increase in expenditure to...
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