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Sri Lanka: Backwards in Blacklisting
Sri Lanka the only South Asian nation to not blacklist corrupt contractors: Verité Research New report highlights gaps in guidelines as well as a lack of compliance Sri Lanka has the worst record among South Asian countries in blacklisting corrupt contractors in public procurement, according to a new report by Verité Research. The report shows that Sri Lanka is the only country in South Asia that 1) does not recognise engaging in corrupt and fraudulent activities during procurement as a valid reason for blacklisting 2) has not blacklisted contractors that have defaulted on contractual obligations despite having the provisions to do so. The first issue can be attributed to gaps in the procurement guidelines of 2006, which govern almost all public procurement in Sri Lanka — except in a few instances such as pharmaceutical procurement. The report emphasises the importance of urgently fixing these gaps to combat corruption and restore fiscal governance. The second issue – not blacklisting defaulting contractors – shows a lack of compliance with existing regulations. Sri Lanka has provisions not only to blacklist defaulting contractors, but also to publish their names in a public, online database. However, this database, maintained by the Department of Public Finance, is empty. By contrast, as of July 2023, Nepal had 629 entries on its online database, and Bangladesh had 510. High levels of corruption in procurement and the importance of fixing it have also been highlighted in the civil society governance diagnostic and the International Monetary Fund (IMF) governance diagnostic on Sri Lanka. In fact, one of the key IMF recommendations is to enact a public procurement law in Sri Lanka that reflects international best practices by December 2024. The report by Verité Research, titled “Backwards in Blacklisting: Gaps in Sri Lanka’s Procurement Framework Enable Corruption”, is available on the Verité Research website – https://www.veriteresearch.org/publication/sri-lanka-procurement-corruption-gaps/
Featured Insight
Sri Lanka: Backwards in Blacklisting
Sri Lanka the only South Asian nation to not blacklist corrupt contractors: Verité Research New report highlights gaps in guidelines as well as a lack of compliance Sri Lanka has the worst record among South Asian countries in blacklisting corrupt contractors in public procurement, according to a new report by Verité Research. The report shows that Sri Lanka is the only country in South Asia that 1) does not recognise engaging in corrupt and fraudulent activities during procurement as a valid reason for blacklisting 2) has not blacklisted contractors that have defaulted on contractual obligations despite having the provisions to do so. The first issue can be attributed to gaps in the procurement guidelines of 2006, which govern almost all public procurement in Sri Lanka — except in a few instances such as pharmaceutical procurement. The report emphasises the importance of urgently fixing these gaps to combat corruption and restore fiscal governance. The second issue – not blacklisting defaulting contractors – shows a lack of compliance with existing regulations. Sri Lanka has provisions not only to blacklist defaulting contractors, but also to publish their names in a public, online database. However, this database, maintained by the Department of Public Finance, is empty. By contrast, as of July 2023, Nepal had 629 entries on its online database, and Bangladesh had 510. High levels of corruption in procurement and the importance of fixing it have also been highlighted in the civil society governance diagnostic and the International Monetary Fund (IMF) governance diagnostic on Sri Lanka. In fact, one of the key IMF recommendations is to enact a public procurement law in Sri Lanka that reflects international best practices by December 2024. The report by Verité Research, titled “Backwards in Blacklisting: Gaps in Sri Lanka’s Procurement Framework Enable Corruption”, is available on the Verité Research website – https://www.veriteresearch.org/publication/sri-lanka-procurement-corruption-gaps/
Featured Insight
Sri Lanka: Backwards in Blacklisting
Sri Lanka the only South Asian nation to not blacklist corrupt contractors: Verité Research New report highlights gaps in guidelines as well as a lack of compliance Sri Lanka has the worst record among South Asian countries in blacklisting corrupt contractors in public procurement, according to a new report by Verité Research. The report shows that Sri Lanka is the only country in South Asia that 1) does not recognise engaging in corrupt and fraudulent activities during procurement as a valid reason for blacklisting 2) has not blacklisted contractors that have defaulted on contractual obligations despite having the provisions to do so. The first issue can be attributed to gaps in the procurement guidelines of 2006, which govern almost all public procurement in Sri Lanka — except in a few instances such as pharmaceutical procurement. The report emphasises the importance of urgently fixing these gaps to combat corruption and restore fiscal governance. The second issue – not blacklisting defaulting contractors – shows a lack of compliance with existing regulations. Sri Lanka has provisions not only to blacklist defaulting contractors, but also to publish their names in a public, online database. However, this database, maintained by the Department of Public Finance, is empty. By contrast, as of July 2023, Nepal had 629 entries on its online database, and Bangladesh had 510. High levels of corruption in procurement and the importance of fixing it have also been highlighted in the civil society governance diagnostic and the International Monetary Fund (IMF) governance diagnostic on Sri Lanka. In fact, one of the key IMF recommendations is to enact a public procurement law in Sri Lanka that reflects international best practices by December 2024. The report by Verité Research, titled “Backwards in Blacklisting: Gaps in Sri Lanka’s Procurement Framework Enable Corruption”, is available on the Verité Research website – https://www.veriteresearch.org/publication/sri-lanka-procurement-corruption-gaps/
Featured Insight
Sri Lanka: Backwards in Blacklisting
Sri Lanka the only South Asian nation to not blacklist corrupt contractors: Verité Research New report highlights gaps in guidelines as well as a lack of compliance Sri Lanka has the worst record among South Asian countries in blacklisting corrupt contractors in public procurement, according to a new report by Verité Research. The report shows that Sri Lanka is the only country in South Asia that 1) does not recognise engaging in corrupt and fraudulent activities during procurement as a valid reason for blacklisting 2) has not blacklisted contractors that have defaulted on contractual obligations despite having the provisions to do so. The first issue can be attributed to gaps in the procurement guidelines of 2006, which govern almost all public procurement in Sri Lanka — except in a few instances such as pharmaceutical procurement. The report emphasises the importance of urgently fixing these gaps to combat corruption and restore fiscal governance. The second issue – not blacklisting defaulting contractors – shows a lack of compliance with existing regulations. Sri Lanka has provisions not only to blacklist defaulting contractors, but also to publish their names in a public, online database. However, this database, maintained by the Department of Public Finance, is empty. By contrast, as of July 2023, Nepal had 629 entries on its online database, and Bangladesh had 510. High levels of corruption in procurement and the importance of fixing it have also been highlighted in the civil society governance diagnostic and the International Monetary Fund (IMF) governance diagnostic on Sri Lanka. In fact, one of the key IMF recommendations is to enact a public procurement law in Sri Lanka that reflects international best practices by December 2024. The report by Verité Research, titled “Backwards in Blacklisting: Gaps in Sri Lanka’s Procurement Framework Enable Corruption”, is available on the Verité Research website – https://www.veriteresearch.org/publication/sri-lanka-procurement-corruption-gaps/
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வெளிநின்ற வெளிநாட்டுப் படுகடனின் உடைமை
பல்புடை, இருபுடை மற்றும் நிதிச்சந்தைகள் உள்ளடங்கலாக வருடாந்த மத்திய அரச வெளிநாட்டு படுகடனின் உடைமையை ரூபா மில்லியனில் வழங்குகிறது. மூலம்: அட்டவணை 107, புள்ளிவிபரப் பின்னிணைப்பு, இலங்கை மத்திய வங்கி ஆண்டறிக்கை
நாடுகளுக்கிடையிலான படுகடன் ஒப்பீடு (மொத்த உள்நாட்டு உற்பத்தியில் சதவீதம்)
உலகிலுள்ள எல்லா நாடுகளினதும் மொத்த வருடாந்த அரச படுகடனை மொத்த உள்நாட்டு உற்பத்தியின் ஒரு பங்காக வழங்குகிறது. மூலம்: World Economic Outlook Database, அக்டோபர் 2020, சர்வதேச நாணய நிதியம் (IMF)
மத்திய அரச உள்நாட்டுப் படுகடனின் உடைமை
வங்கித்தொழில் துறை மற்றும் வாங்கியல்லாத் துறை உள்ளடங்கலாக வருடாந்த மத்திய அரச உள்நாட்டுப் படுகடனின் உடைமையை ரூபா மில்லியனில் வழங்குகிறது. மூலம்: அட்டவணை 103, புள்ளிவிபரப் பின்னிணைப்பு, இலங்கை மத்திய வங்கி ஆண்டறிக்கை
மத்திய அரச படுகடனின் சுருக்கம் (1950-2023)
உள்நாட்டு மற்றும் வெளிநாட்டு படுகடன் உள்ளடங்கலாக வருடாந்த மத்திய அரச படுகடன் தொடர்பான தரவுகளை ரூபா மில்லியனில் வழங்குகிறது. மூலம்: அட்டவணை 9, சிறப்புப் புள்ளிவிபரப் பின்னிணைப்பு, இலங்கை மத்திய வங்கி ஆண்டறிக்கை
வெளிநின்ற அரச படுகடனின் உள்ளடக்கம்: கருவிகளின் படி
உள்நாட்டு மற்றும் வெளிநாட்டு படுகடன் உள்ளடங்கலாக வருடாந்த வெளிநின்ற அரச படுகடனின் உள்ளமைப்பை ரூபா மில்லியனில் வழங்குகிறது. மூலம்: அட்டவணை 105, புள்ளிவிபரப் பின்னிணைப்பு, இலங்கை மத்திய வங்கி ஆண்டறிக்கை
படுகடன் பணிக்கொடுப்பனவுகள்
அரச படுகடனின் வருடாந்த படுகடன் பணிக்கொடுப்பனவுகள், கடன் கொடுப்பனவுகள் மற்றும் வட்டிக் கொடுப்பனவுகளை ரூபா மில்லியனில் வழங்குகிறது.