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Too Many ‘Known Unknowns’ in Sri Lanka’s IMF Programme
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
Featured Insight
Too Many ‘Known Unknowns’ in Sri Lanka’s IMF Programme
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
Featured Insight
Too Many ‘Known Unknowns’ in Sri Lanka’s IMF Programme
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
Featured Insight
Too Many ‘Known Unknowns’ in Sri Lanka’s IMF Programme
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive academic, policy and private sector experience. He taught and researched economics at Oxford and Harvard universities. He also served as the Executive Director at the International Centre for Ethnic Studies and the Sri Lanka Foundation Institute. He currently sits on multiple private sector boards and consults regularly as a strategist for some of the region’s largest firms.
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Financing
Insights and analysis on the financing of the budget deficit.
How did Sri Lanka Finance Government Expenditure in 2022?
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...
From The PF Wire
Source:
Daily Mirror
World Bank stresses need for sustained reform impl...
The World Bank emphasized the critical need for Sri Lanka to sustain its reform efforts to overcome the effects of the crisis and foster a resilient economy. Central to this approach is the continuation of structural reforms aimed at restori...
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Source:
Economy Next
ADB, World Bank leads as Sri Lanka gets US$1.5bn i...
In the nine months leading up to September 2023, Sri Lanka received a total of 1.5 billion US dollars from its foreign creditors. The Asian Development Bank (ADB) was the largest contributor, disbursing 529 million US dollars, followed by the World Bank with 442.8 million US dollars and the Inter...
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Source:
Daily News
Foreign reserves fall to US$ 2.3bn despite swap, d...
Sri Lanka’s official external reserves fell to US$ 2.36 billion by the end of January 2022 from US$ 3.14 billion by the end of December 2021, as the government settled foreign currency loans and funded essentia...
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Insight on Financing
Quantifying grants received by Sri Lanka...
Since independence, Sri Lanka has been th...
Complying with the Right to Information...
Large infrastructure projects of the gove...
WHT and PAYE had the largest growth in Q...
The Fiscal Management Report 2024, recent...
Is Maldives going down Sri Lanka's path?...
Since 1983, Sri Lanka has faced the conti...
How did Sri Lanka Finance Government Exp...
Total government expenditure for the year...
Reallocation of Funds Can Help Finance a...
The infographic depicts the cost of an el...
Sri Lanka Experiences Its Highest Rate O...
The infographic...
Sri Lanka’s Fitch Credit Rating has been...
Sri Lanka’s...
Infrastructure Watch Dashboard: Research...
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Featured
The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019.
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Public debt grew more slowly in the first three qu...
Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.
Read More
The Maldives’ primary deficit still remains high
The Maldives’ primary deficit has increased since 2020, raising concerns about the country’s debt sustainability. This contrasts with Sri Lanka, where the primary deficit also increased but recovered, following its sus...
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