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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.
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Budget 2021
Budget 2021
Detailed analysis of the 2021 budget.
From The PF Wire
Source:
Daily Mirror
Governement to borrow additional LKR 400 Bn for de...
The Cabinet of Ministers cleared a request to increase the government’s credit limit by further Rs.400 billion to Rs.3.39 trillion for 2021, under Appropriation Act No. 7 of 2020, to meet the pandemic-related additional expenditu...
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Source:
economynext
Sri Lanka budget deficit 4.7-pct of GDP up to June...
Sri Lanka’s budget deficit for the six months to June 2021 was 781 billion rupees, up 6 percent from a year earlier, or 4.7 percent of projected gross domestic product, data shows, though outstanding debt was accelerating at a faster p...
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Insight on Budget 2021
How Committed was the Sri Lankan Governm...
For information about the 15 proposals tracked, responsible agencies and other findings, visit :&...
Addressing the Gender Gap in Sri Lanka's...
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Government Deficit Has Decreased By Rs....
The recently released figures for 2021 sho...
Budget Promises : Beyond Parliament 2021...
Public Report on the 2021 Budget: Assess...
This is the second report in a series of two reports on Sri Lanka&rsqu...
Budget 2021 Round-up Part 2- Who Knows t...
Executive Director Nishan de Mel and Rese...
Summary of 2021 Budget (Approved)
The Sri Lanka...
Over Optimistic Estimates in the 2021 Bu...
Sri Lanka’s budget for 2021 feature...
Debt to GDP Ratio - Verité Projections B...
What do we know about Sri Lanka’s Debt/GDP ratio?
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Featured
PF Decoded : Episode 1
How much debt is too much debt ? Sri Lanka’s debt has reached unprecedented levels in the recent past. Analyst Anushan Kapilan covers what debt is, how it can be measured and be quantified.&nb...
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Reallocation of Funds Can Help Finance an Election
The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR...
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Sri Lanka Met 38 IMF Commitments and Failed 8 by e...
Sri Lanka verifiably met 38 of the 57 trackable commitments that were due for completion by end-August in its 17th programme with the International Monetary Fund (IMF), according to the latest progress up...
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