මාතෘකා
ගවේෂණය කරන්න
විදසුන්
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.
විදසුන්
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.
විදසුන්
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.
විදසුන්
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.
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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
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ප්රවාහනය සහ සන්නිවේදනය
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Economy grows in Q2; hints at decline in 2H
The CBSL expects continued growth in Q2-2024 driven by strong industry and services performances, but anticipates a slowdown in 2H24 due to a higher statistical base and ongoing fiscal constraints.
2024-08-19
The Morning
වැඩිදුර කියවන්න
SL urged to reassess debt plan and strengthen governance
Nishan de Mel, Executive Director of Verité Research, warned that Sri Lanka's debt sustainability is at risk due to flawed assumptions and shallow restructuring, advocating for a new, transparent analysis to ensu...
2024-08-16
Daily Mirror
වැඩිදුර කියවන්න
IRD beats target again, collects Rs. 902 b by 1H
The Inland Revenue Department (IRD) of Sri Lanka exceeded its tax collection target for the second consecutive quarter, collecting Rs. 902 billion in the first half of 2024, surpassing the target of Rs. 826 billion.
2024-08-14
The Morning
වැඩිදුර කියවන්න
FinMin tells spending agencies to focus on fiscal discipline for 2025 budget
Fiscal discipline and strategic management will be central to the 2025 national budget. The Finance Ministry has issued guidelines for the 2025 n...
2024-08-13
Daily FT
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