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Economic Policies in an Election Year: Some Inconvenient Arithmetic - Part I
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: Some Inconvenient Arithmetic - Part I
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: Some Inconvenient Arithmetic - Part I
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: Some Inconvenient Arithmetic - Part I
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
State of the Budget Report Estimates 14% Shortfall in Revenue Against Budget Projection
Sri Lanka is projected to fall short of its budget target on revenue to GDP (gross domestic product) for the 33rd consecutive year in 2024, according to the recently released ‘State of the Budget Report 2024’.
From The PF Wire
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:
Daily Mirror
Budget deficit narrows to single digits on higher...
In 2023, Sri Lanka cut its budget deficit to 8.3% of GDP from 10.2% in 2022, despite unpopular tax hikes, in exchange for a $2.9 billion IMF bailout over four years.
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Source:
Daily Mirror
Sri Lanka to miss budget revenue target for 33rd y...
Sri Lanka's fiscal landscape remains challenging as it continues to struggle with meeting its revenue to GDP target for the 33rd consecutive year. The recently released "
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Insight on Budget 2024
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...
Highlights from the Appropriation Bill f...
In the Appropriation Bill for 2024, key m...
Highlights from the Appropriation Bill f...
The Appropriation Bill for Budget 2024 in...
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Featured
Uncovering Sri Lanka's Debt Trail: Who owns Sri La...
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.
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Only 11 out of 52 SOEs have Published Financial Da...
Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s commitment to the I...
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Expected GDP Outcomes: Budget 2024
The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.
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