Transport and Communication

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Public Finance Data and Analysis

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Transport and Communication

Recent trends and developments in public finance issues related to transport and communication.

From The PF Wire

Railway incurs daily loss of Rs. 8 mn due to strik...

The daily loss incurred by the Railway Department due to the cancellation of trains and non issuance of train tickets as a result of failure to report to duty by Railway workers due to the lack of fuel amounts to Rs.8 million,” General...

Govt. awards Rs.135 b elevated highway to China Ha...

The Government yesterday said the Rs. 135 billion contract for the construction of the four-lane elevated expressway, connecting the Athurugiriya interchange and the new Kelani Bridge, has been awarded to the China Harbour Engineering Cooperation (CHEC) Ltd. Cabinet thi...

WB loans US $69.33 mn for Kandy Multimodal Transpo...

WB loans US $69.33 mn for Kandy Multimodal Transport Terminal Project The Government of Sri Lanka and the World Bank signed a loan agreement for US $69.33 million for the Kandy Multimodal Transport Terminal Development Project, which...

Insight on Transport and Communication

Sri Lanka Railways: Track Record of Loss...

The Department...

Sri Lanka Transport Board’s (SLTB) is ma...

Annual operating profit of SLTB has decli...

2021 Budget allocation for Road Developm...

The total allocation for Road Dev...

Expenditure on the Transport & Communica...

Has the Government Fulfilled its Policy...

The National Policy Framework: Vistas...

Who are the Owners / Lessees of ports an...

Before 1999, all ports and terminals in the ports used to be 100% owne...

Budget 2021: Transport

The 2021 Budget Debate continues, and today the Sri Lankan Parliament...

Have Governments Fulfilled their Transpo...

Have consecut...

Featured

The Government Has to Repay Yearly an Average of U...

The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025.

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...

Sri Lanka Has The Highest Inflation Amongst South...

Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other...