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Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
Featured Insight
Wanted: An Authentic Minister of Finance - Sri Lanka Has Not Had One, For Three And A Half Decades
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development Studies. He is a non-resident academic fellow at Verité Research and member of Verité’s Sri Lanka Economic Policy Group. Professor Mick’s broad research interests are in the domestic and international dimensions of good and bad governance in developing countries.
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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:
Daily News
Economy witnessed gradual revival in 2023 – CBSL
The Central Bank of Sri Lanka reported a gradual economic revival in 2023, following the country's most severe post-Independence downturn. Th...
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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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Insight on Budget 2023
Inadequacy of Sri Lanka's budget process
As taxpayers, you fund the national budge...
Parliamentary Budget Office and Public F...
The recently enacted Public Financial Man...
Budget Transparency - Sri Lanka is ranke...
The 2023 edition of the Open Budget Surve...
2023 End Year Budget Promises Study: Tra...
The 2023 End Year Budget Promises Assessm...
Progress unknown of budget proposals whi...
The 25 highest-value expenditure proposal...
Sri Lanka's fiscal performance in 2023 s...
Sri Lanka's fiscal performance in 2023 shows a mixed landscape o...
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...
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Featured
International Women's Day
In Sri Lanka, as shown above, women are half as likely to enter the labour market, and twice as likely to be unemployed than men. 82% of the unemployment for women comes from between the ages of 20 and 40. This is almost seven times the unemployment compared to women...
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How did Sri Lanka Finance Government Expenditure i...
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakd...
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VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently overestimated the capacity to raise revenue. Therefore, it is prudent to examine from where the 45% increase in revenue is expected. The chart above shows that more than half the increase (56%) is expecte...
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