Topics
Explore
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Data
Reports
Acts and Gazettes
Insights
Dashboards
Annual Budget Dashboard
Budget Promises
Fiscal Indicators
Fuel Price Tracker
IMF Tracker
Infrastructure Watch
PF Wire
About Us
EN
English
සිංහල
தமிழ்
;
Thank You
Free and Open Access to
Public Finance Data and Analysis
Home
PF Wire
PF Wire
Featured
Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
Read More
Filter By
Topic
Budget 2021
Budget 2022
Budget 2023
Budget 2024
Budget 2025
International Monetary Fund
Maldives
Articles
Revenue
Expenditure
Debt
Employee Provident Fund (EPF)
Financing
Agriculture and Irrigation
Civil Administration
Defence and Public Order
Education
Energy and Water Supply
Environment
Health
Social Protection and Welfare
Transport and Communication
Urban Development and Housing
Sri Lanka consumer prices up 3.1-pct over 19-months, food down 4.6-pct
Sri Lanka's inflation rate was 1.5 percent in April 2024, as per the Colombo Consumer Price Index (CCPI) data from the state debt office. The food price index notably dropped by 4.6 pe...
2024-04-30
Economy Next
Read More
Apparel sector revenue totals US$ 1.17 bn in 1Q24
Sri Lanka’s apparel industry saw its revenue cross the US$ 1 billion mark in the first quarter (1Q24) with exports expanding by 7.7 percent in March. Sri Lanka’s apparel s...
2024-04-29
Daily Mirror
Read More
CBSL forecasts economy to grow by 3% in 2024
The Central Bank expects the economy to grow by 3% this year as the benefits of the eased monetary policy stance and low inflation environment continue to be gradually channelled into the economy.
2024-04-29
Daily FT
Read More
Sri Lanka’s EPF net contributions turn negative in 2023
Net contributions to Sri Lanka's Employees Provident Fund (EPF) turned negative in 2023, with refunds exceeding contributions for the first time. Demographic shifts, increased governme...
2024-04-29
Economy Next
Read More
page
49
of
164
‹
1
2
...
49
...
163
164
›
