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Only 11 out of 52 SOEs have Published Financial Data up to 2022!
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 IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
Featured Insight
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
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 IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
Featured Insight
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
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 IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
Featured Insight
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
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 IMF to ensure the publication of financial reports for all 52 key SOEs by the end of June 2023 as a part of its most recent program. The publication of financial information plays a crucial role in enhancing the transparency and accountability of State-Owned Enterprises. For the list of SOEs that have and have not published financial reports, visit, Ministry of Finance - Sri lanka (treasury.gov.lk)
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Insights and analysis of public debt.
Uncovering Sri Lanka's Debt Trail: Who owns Sri Lanka's External Debt?
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.
From The PF Wire
Source:
Daily FT
International bondholders give SL mid-September ul...
The Steering Committee stresses the urgent need to implement the Joint Working Framework for restructuring Sri Lanka's $12.5 billion foreign debt by mid-September 2024 to align with IMF targets and ensure economic stabili...
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Source:
Sunday Times
Treasury takes over CPC’s debt owed to People’s Ba...
The Treasury has taken over the Ceylon Petroleum Corporation (CPC)’s debt owed to the People’s Bank (PB) which runs into billions of rupees or foreign currency, according to PB Chairman Sujeewa Rajapakse.
Read More
Source:
Daily News
WB to provide US$ 600 mn for essentials
World Bank Country Representative Chiyo Kanda yesterday said the World Bank has agreed to provide US$ 600 million as a solution to the current economic crisis, of which US$ 400 million will be provided expeditiously in the f...
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Insight on Debt
2024 Presidential Election: Manifesto Pr...
With the upcoming presidential election scheduled for September 21, 20...
9 Years Since Bond Scam
The 27th of February marks nine years sin...
Public Debt Increases in Dollar Value Wh...
According to recent data published by the...
Total and primary deficits run in opposi...
The governments primary deficit improved...
Sri Lanka in the top 10 countries with t...
According to data from the World Bank Dat...
Interest payments weigh heaviest in 2022...
The central bank's annual report for...
Uncovering Sri Lanka's Debt Trail: Who o...
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 202...
Domestic Debt Restructuring
Sri Lanka faces a challenge to emerge from the continuing crisis. Th...
Charting a Path for Debt Sustainability...
Since December 2018 Sri Lanka has been subject to three notches down...
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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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Sectoral Allocations: Budget 2024
Sectoral allocations from the 2024 Budget.Allocations above only include Central Government allocations. Provincial allocations are not included...
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Debt Digest - March 2023
This article was compiled by Dr. Nishan de Mel and Professor Udara Peiris. Dr. Nishan de Mel is the Executive Director of Verité Research and an eco...
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