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Public Finance Data and Analysis
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Articles
This section contains articles written on public finance.
The Rise Of The Zombie Firms: The Problem With Recapitalising Banks
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the Univers...
From The PF Wire
Source:
Daily Mirror
Sanctions, incentives crucial for Public Financial...
Sri Lanka's new fiscal management act needs strong enforcement with sanctions and incentives to avoid past failures.     Sanctio...
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Source:
Daily FT
Verité Research shares structure for rational, eff...
Verité Research launched a groundbreaking initiative titled 'Blueprint for a Rational Government in Sri Lanka,...
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Source:
Island
GDP grew at 4.5% during fourth quarter of 2023, bu...
The GDP growth rate of Sri Lanka for 2023 was reported as -2.3%, indicating a contraction, according to the Department of Census and Statistics (DCS). Despite this overall decrease, the agricultural sector experienced a growth of 2.6%, contrasting with declines in the industrial and services sect...
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Insight on Articles
Property Taxes: No Thanks but Many Thank...
This article was compiled by Professo...
Freeing the Balance Sheets of Banks: Sri...
This article was compiled by Professo...
Navigating SOE reforms in an election ye...
This article was compiled by Dr. Mala...
Worry about the total government expendi...
This a...
Proposed 13% primary expenditure rule fo...
On May 22, 2024, the government o...
Economic Policies in an Election Year: S...
Dr. Sharmini Coorey is a non-resident...
Economic Policies in an Election Year: S...
Dr. Sharmini Coorey is a non-resident...
Can We Build a World-Class City with Thi...
This article was compiled by Dr. Sanj...
Wanted: An Authentic Minister of Finance...
This article was compiled by Professo...
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Featured
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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Defence budget for uniforms and diets alone up by...
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022. 
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Interest Costs Have Been Eating Up Revenue
In 2023, for the first time in history, the government spent 9% of its GDP on interest payments, which took up 80% of the government revenue.   A high interes...
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