Topics
Explore
Featured Insight
Exceptionalism of Domestic Debt Restructuring in Sri Lanka
Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF staff report titled “Issues in Restructuring of Sovereign Domestic Debt” that detailed all 14 DDR episodes from 1998 onwards*, Sri Lanka is the only country that has adopted such a focused approach. The table and the Venn diagram below illustrate a clear deviation from the norm. While all 14 DDR episodes involved the restructuring of the banking sector, and 64% restructured private holdings, none exclusively targeted their pension funds. Only Grenada and Ghana included public pension funds in their restructuring, but these funds were among several other targets.
Featured Insight
Exceptionalism of Domestic Debt Restructuring in Sri Lanka
Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF staff report titled “Issues in Restructuring of Sovereign Domestic Debt” that detailed all 14 DDR episodes from 1998 onwards*, Sri Lanka is the only country that has adopted such a focused approach. The table and the Venn diagram below illustrate a clear deviation from the norm. While all 14 DDR episodes involved the restructuring of the banking sector, and 64% restructured private holdings, none exclusively targeted their pension funds. Only Grenada and Ghana included public pension funds in their restructuring, but these funds were among several other targets.
Featured Insight
Exceptionalism of Domestic Debt Restructuring in Sri Lanka
Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF staff report titled “Issues in Restructuring of Sovereign Domestic Debt” that detailed all 14 DDR episodes from 1998 onwards*, Sri Lanka is the only country that has adopted such a focused approach. The table and the Venn diagram below illustrate a clear deviation from the norm. While all 14 DDR episodes involved the restructuring of the banking sector, and 64% restructured private holdings, none exclusively targeted their pension funds. Only Grenada and Ghana included public pension funds in their restructuring, but these funds were among several other targets.
Featured Insight
Exceptionalism of Domestic Debt Restructuring in Sri Lanka
Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF staff report titled “Issues in Restructuring of Sovereign Domestic Debt” that detailed all 14 DDR episodes from 1998 onwards*, Sri Lanka is the only country that has adopted such a focused approach. The table and the Venn diagram below illustrate a clear deviation from the norm. While all 14 DDR episodes involved the restructuring of the banking sector, and 64% restructured private holdings, none exclusively targeted their pension funds. Only Grenada and Ghana included public pension funds in their restructuring, but these funds were among several other targets.
Data
Reports
Acts and Gazettes
Insights
Dashboards
Annual Budget Dashboard
Budget Promises
Fiscal Indicators
Fuel Price Tracker
IMF Tracker
Infrastructure Watch
PF Wire
About Us
EN
English
සිංහල
தமிழ்
;
Thank You
Free and Open Access to
Public Finance Data and Analysis
Home
Topics
Expenditure
Expenditure
Insights and analysis of government expenditure.
New Year “Kevili” Table Costs 7 Percent More in 2025
The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year. It remains more than twice as expensive as in 2019.
From The PF Wire
Source:
Daily Mirror
Over Rs. 216 Mn in COVID funds credited to Preside...
A decision has been taken to wind up operations of the “Covid 19 Health and Social Security Fund”, which was established to provide relief to those affected by the Covid 19 epidemic, and over Rs. 216 million remaining in the Covi...
Read More
Source:
Ceylon Today
Rs 100M for Muthurajawela Conservation
The Ministry of Environment has allocated Rs 100 million for 2022 to the conservation programme of the Muthurajawela wetland. The Muthurajawela wetland covers an area of 6,236 hectares, including 3,168 hectares up to...
Read More
Source:
Sunday Times
Rs. 5,000 allowance for SOE employees, but with co...
The Government has decided to provide a monthly allowance of Rs. 5000 to employees of State-Owned Enterprises (SOEs) such as corporations and statutory boards
Read More
Insight on Expenditure
How did the Government Finance its Expen...
Details on the government expenditure and...
Gender-Responsive Budgeting: Evaluating...
This report assesses the extent to which...
What does the Government’s acquisition o...
The Committee on Public Finance (COPF) Re...
Has the Government Fulfilled the Promise...
The National Policy Framework: Vistas...
Incorrect accounting measure understates...
The government spent only 6% of the Ituk...
On the 23rd of March 2020, President Gota...
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Government Expenditure of Women’s Develo...
The 08th of March 2021 was International Women’s Day. How much has the gove...
Ministers and State Ministers – Cost of...
Did you know that the cost of maintaining an office for a cabinet and...
page
4
of
7
‹
1
2
...
4
...
6
7
›
Featured
Summary of the Budget 2023
Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit.
Read More
Can We Build a World-Class City with Third-World P...
This article was compiled by Dr. Sanjaya de Silva, Associate Professor of Economics at Bard College. His research interests include development and economic history in South and Southeast Asia.
Read More
Tax concessions account for half of the budget def...
All sorts of tax concessions (reported as “tax expenditure”)costs the government almost a trillion rupees a year in potential revenue. In the financial year 2023/24 the tax expenditure statement published by the gove...
Read More
