නිදහස් හා විවෘත ප්රවේශය
රාජ්ය මූල්ය දත්ත හා විශ්ලේෂණයන් සඳහා
Sri Lanka loses approximately 1% of its GDP (around Rs. 300 billion annually) due to corruption in government tender procurements, mainly caused by a lack of transparency, with less than 35% of tenders published online and only 9% of public authorities meeting disclosure standards mandated by the Right to Information Act.
Sri Lanka loses approximately 1% of its GDP, or around Rs. 300 billion annually, due to corruption in government tender procurements, driven by a 20% cost escalation in procurement expenditure, according to Verité Research. The think tank found that only 5 out of 34 public authorities assessed in 2024 published complete and up-to-date tender notices, with just 2 disclosing full details of tender winners, and less than 35% of tenders were available online. Despite the Right to Information Act mandating proactive digital disclosure, compliance remains low, with a disclosure performance rated at just 9%. This lack of transparency enables corruption in Sri Lanka’s procurement process, aligning with global studies indicating corruption losses of 10-25% of public contract values.
