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Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Suggested Priorities
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
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Budget 2024
Budget 2024
Detailed analysis of the 2024 Budget
Expected GDP Outcomes: Budget 2024
The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.
From The PF Wire
Source:
Economy Next
Sri Lanka budget deficit down 31-pct, taxes up 36-...
Sri Lanka's budget deficit reduced by 31%, with tax revenues up by 34%, non-tax revenues rising by 20%, and a primary surplus of 830 billion rupees, while foreign borrowings increased and domestic borrowings decreas...
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Source:
Daily FT
Budget deficit down by Rs. 367 b for first five mo...
The budget deficit in the first five months of this year decreased by 64% (Rs. 367 billion) due to higher revenue and lower expenditure. Revenue increased by 44% to Rs. 1.6 trillion, while expenditure dropped by 7% to Rs. 2...
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Source:
Economy Next
Sri Lanka’s 2024 budget to see new welfare, revenu...
Sri Lanka's 2024 budget, set for presentation, emphasizes crucial IMF deficit targets for economic recovery. President Wickremesinghe faces a balancing act, tethered between IMF obligations and public sentiment. Meeting the 13.3% GDP rev...
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Insight on Budget 2024
2025 Vote on Account’s revenue gains may...
On 6 December, Parliament approved the 20...
Vote on Account 2025: Which ministries g...
On 6 December, Parliament approved the 20...
State of the Budget Report Estimates 14%...
Sri Lanka is projected to fall short of i...
Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 B...
Summary: Budget 2024
The 2024 budget expects budget deficit fo...
Fiscal Targets: Budget 2024
Projections in the budget expect revenue...
Expected GDP Outcomes: Budget 2024
The 2024 budget forecasts a greater contr...
Violation of Fiscal Rules: Budget 2024
The proposed 2024 budget violates the def...
Expenditure Proposals: Budget 2024
Major expenditure proposals from the 2024...
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Featured
Sri Lanka’s Fitch Credit Rating has been downgrade...
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings.  ...
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Sri Lanka met 29 IMF commitments and failed 3 by e...
Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023, according to ‘The IMF Tracker’ dashboard of Verité Research.
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Sri Lanka’s IMF programme was supposed to succeed...
On June 12, the IMF board will sign off on Sri Lanka’s third disbursement under the current programme. But Sri Lanka is still failing on the governance improvements that are foundational for its economic recov...
Read More