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Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
Featured Insight
Sri Lanka's best kept secret
The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with the International Monetary Fund (IMF), and several recommendations made by the IMF in its latest governance diagnostic on Sri Lanka, highlight the importance of improving fiscal transparency.
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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
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Sri Lanka tax revenues surge 38-pct to August 22 as economy inflates, budget deficit down
Sri Lanka state revenues surged 38 percent from a year earlier to 1,448 billion rupees in the eight months to August 2022, Finance Ministry data showed as the economy inflated in the wake of a currency collapse after two years of money print...
2022-11-18
Economy Next
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FVMP debt increases to Rs 3.42T
Government of Sri Lanka’s (GoSL’s) face value (FV) MP debt increased by 5.63 per cent (Rs 182,411.82 million) to a record high Rs 3,424,696.95 million (Rs 3.4247 trillion) on Tuesday (15 November), due to a persistent lack of rev...
2022-11-17
Ceylon Today
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Sri Lanka budget 2023, key tax changes
Sri Lanka President Ranil Wickremesinghe has announced tax changes in an effort to boost revenues and also make external trade easier, according to a budget presented for 2023.
2022-11-15
Economy Next
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World Bank-funded urea to support small-scale paddy growers
Sri Lanka took delivery this week of the first stock of urea fertiliser purchased with World Bank funding provided under an emergency facility.
2022-10-30
The Sunday Times
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