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Will the budget's veil of secrecy be lifted in 2024?
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.
Featured Insight
Will the budget's veil of secrecy be lifted in 2024?
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.
Featured Insight
Will the budget's veil of secrecy be lifted in 2024?
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.
Featured Insight
Will the budget's veil of secrecy be lifted in 2024?
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.
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Social Protection and Welfare
Social Protection and Welfare
Recent trends and developments in government expenditure on social protection and welfare.
From The PF Wire
Source:
DailyFT
Govt. secures $ 200 m World Bank funding for socia...
The Cabinet of Ministers approved to enter into an agreement with the World Bank Group to secure a $ 200 million (around Rs. 66,000 million) loan Grant for the implementation of the ambitious social security project in the country.
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Source:
Daily FT
Contributory pension fund for new State workers
The Cabinet of Ministers at its meeting on Monday has cleared a proposal by President Ranil Wickremesinghe to prepare a law to set up a contributory pension fund for new public sector employees.
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Source:
Daily News
Rs.468 mn allocated for pregnant mother’s nutritio...
The Children, Women Affairs and Social Empowerment Ministry has allocated Rs.468 million to provide nutritious food to pregnant mothers. Child, Women Affairs and Social Empowerment State Minister Geetha Kumarasinghe said the monthly amount of Rs.2,000 will be increased to Rs.4,500 from January 20...
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Insight on Social Protection and Welfare
Expenditure on the Community Services Se...
Expenditure on the Welfare Sector (2010...
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Personal Emoluments as a Share of Total...
The chart below provides a sectoral breakdown of the total governmen...
Have Governments Fulfilled their Welfare...
Have consecut...
Flawed Rationale Behind EPF Re-entering...
At the end of 2018, the EPF resolved to r...
Featured
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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Total and primary deficits run in opposite directi...
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant 93 percent increase a...
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Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
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