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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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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:
Daily News
Ceylon Chamber welcomes National Digital Economy S...
Focusing on enhancing the digital infrastructure to support the growth of the digital economy, including broadband access and digital connectivity. Prioritizing the swift implementation of...
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Source:
LBO
IMF Staff Mission Recommends Avoiding Further Mone...
The IMF staff mission advised against further loosening of Sri Lanka's monetary policy, warning that it could jeopardize economic recovery and increase inflation risks. They commended the Central Bank of Sri Lanka (CBSL) for meeting its...
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Source:
EconomyNext
Fitch downgrades 10 Sri Lankan Banks after local s...
Fitch Ratings said it had downgraded 10 Sri Lanka banks following a re-calibration of the local currency sovereign rating. All 10 banks on rating watch negative. https://econo...
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Insight on Civil Administration
Sri Lanka Ports Authority – A Profitable...
The SLPA has made...
Key Issues Highlighted In The Audior Gen...
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State-owned enterprises (SOEs) continue t...
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The Committee on Public Finance(COPF) is...
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Verité Research filed two Right to...
Expenditure on the Civil Administration...
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Sri Lanka’s expenses on foreign mis...
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Featured
Only 11 out of 52 SOEs have Published Financial Da...
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the I...
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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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Vote on Account 2025: Which ministries got the hig...
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. T...
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