Topics
Explore
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
Featured Insight
IMF programme’s transparency falls to lowest point in September
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably met only 40 of the 71 trackable commitments that were due for completion by end-September 2023. It also shows that Sri Lanka had, at the same time, reached its lowest point in terms of both performance and transparency since the programme commenced in March. This is because the status of about 30% of the commitments due to be completed by end of September were unknown, and three of the four commitments due which specifically require the government to enhance transparency were not met. This unveils a "twin deficit in transparency": (a) a growing lack of transparency in the progress of the programme, and (b) a growing failure to meet IMF commitments that call for increased governmental transparency.
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
Insights
All
Agriculture and Irrigation
Articles
Budget 2021
Budget 2022
Budget 2023
Budget 2024
Civil Administration
Debt
Defence and Public Order
Education
Employee Provident Fund (EPF)
Energy and Water Supply
Environment
Expenditure
Financing
Health
International Monetary Fund
Revenue
Social Protection and Welfare
Transport and Communication
Urban Development and Housing
Tags
Development
All
Action Plan
Actual
Annual Report
Appropriation Bill
Asset Management
Audit
Bank
Bonds
Budget
Central Bank of Sri Lanka
Compensation
COPF
Corporate
Covid
Customs Duty
Customs
Debt Management
Debt
Deficit Financing
Development
Disaster
Elections
Employee Provident Fund
Employment
EPF
ESC
Estimate
Excise
Expenditure
External Debt
Finance Act
Financing
Fiscal Policy
Gaming Tax
Gazette
Grant
Health
IMF
Income Tax
Loans
Macroeconomics
Ministry of Finance
Motor Vehicles
National Evaluation Policy
NBT
PAL
Parliament
Performance Report
Procurement
Progress Report
Project Progress
Provincial Council Budget
Public Finance
Remuneration
Reserves
Revenue
Scams
SCL
SOEs
Stamp Duty
State-Owned Enterprises
Tax Exemptions
Tax Incentives
Tax Reforms
Tax Revenue
Tax
Telecommunication Levy
Tobacco
VAT
Data
Reports
Acts and Gazettes
Insights
Filter by year
From
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
To
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Where do 92 Octane and Auto Diesel stand after the recent price reduction?
On 31 May 2024, fuel prices in Sri Lanka were reduced. The price of 92-octane petrol was lowered by LKR 13, bringing it to LKR 355 per litre, while Auto diesel saw a reduction of LKR 16, lowering the price to LKR 317 per litre.
2024-06-14
View Insight*
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.
2024-04-06
View Insight*
Can We Build a World-Class City with Third-World Public Transport?
This article was compiled by Dr. Sanjaya de Silva, Associate Professor of Economics at Bard College. His research interests include development and economic history in South and Southeast Asia.
2024-02-15
View Insight*
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public pro...
2023-10-04
View Insight*
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an eco...
2023-08-31
View Insight*
International Women's Day
In Sri Lanka, as shown above, women are half as likely to enter the labour market, and twice as likely to be unemployed than men. 82% of the unemployment for women comes from between the ages of 20 and 40. This is almost seven times the unemployment compared to women...
2023-03-08
View Insight*
2021 Budget Allocations for Hospital Development
The total allocation for Hospital Development in the 2021 Budget amounted to LKR 20.3 billion. This consisted of LKR 3.60 billion for Bio Medical Equipment and LKR 2.5 billion for upgrading the health facilities of...
2021-06-03
View Insight*
2021 Budget allocation for Road Development
The total allocation for Road Development in the 2021 Budget amounted to LKR 375 billion. This consists of LKR 350 billion allocated for the Ministry of Highways and LKR 25 billion allocated to the State Ministry of Rural Ro...
2021-05-28
View Insight*
