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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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Recent trends and developments in government expenditure on civil administration.
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.For more...
From The PF Wire
Source:
The Island
Economy shows signs of recovery; CBSL optimistic
According to the Census and Statistics Department, Sri Lanka's GDP contracted by 3.1% in the second quarter of 2023, an improvement from the worrying 11.5% contraction in the first quarter, indicating a steady recovery. Year on year GDP growth was negative...
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Source:
Ceylon Today
Economy to shrink by 4.2% in 2023 – WB
The World Bank (WB) on Tuesday cut Sri Lanka’s growth prospects by 0.5 percentage points to a negative 4.2 per cent this year, sharper than IMF’s forecast of a negative three per cent growth.
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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
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...
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Featured
IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
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Sri Lanka Met 33 IMF Commitments and failed 8 by e...
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool lau...
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Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.Allocations above only include Central Government allocations. Provincial allocations are not included...
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