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Ministry of Finance Budget Estimate (Approved) 2023

The Approved Budget Estimate provides a comprehensive breakdown of the budget estimates for the particular year. This document outlines the Expenditure Estimates for all Expenditure Heads, Non Cabinet Ministries and Cabinet Ministries for each respective year. This consists of General expenditure, expenditure on the Consolidated Fund and expenditure related to the Advance Account. The estimated tax revenue for the year is also a crucial component of this document.

Assessment of Sri Lanka Government's Commitment to Crisis Response Policies 2022

How well did the government implement the proposed Crisis Response Policies? Sri Lanka’s prolonged economic crisis and socio-political turmoil have had severe repercussions for its citizens. Three defining characteristics of the crisis have been: acute shortages in essential medicine & drugs, surging food inflation, and fuel shortages that rendered citizens immobile for months. In this context, Verité Research set out to assess how well the government implemented policies it proposed to overcome these three problems during the first half of 2022. The objectives were to (1) improve visibility on government decision-making and its subsequent follow-through and (2) hold the government and its vast network of bureaucracy accountable.

Department of Excise Performance Report 2021

A review of the performance of the Department for the selected year. This document outlines the progress and performance of the projects carried out in the respective year by the Department. In addition, it provides insights into tax administration and collection, tax defaults, audits, and international relations and legislation.

Verité Research Debt Update Issue 2

This edition includes coverage and analysis on the usability of the IMF financing and the volatility of the exchange rate.

Verité Research Debt Update Issue 1

This inaugural edition of our latest publication series known as ‘Verité Research Debt Update. ’Sri Lanka is currently experiencing a financial crisis on an unprecedent scale. In May 2022, Sri Lanka defaulted on its debt servicing obligations for the first time in its history since independence. Against this backdrop, the Verité Research Debt Update provides a regular update for investors, policy makers and analysts, on the latest debt related financial news together with a brief analysis on the latest developments. This edition includes coverage and analysis on the financial assurance letters issued by China, India and a group of private bond holders.

Assessment of Sri Lanka Government's Commitment to Crisis Response Policies 2022

How well did the government implement the proposed Crisis Response Policies? Sri Lanka’s prolonged economic crisis and socio-political turmoil have had severe repercussions for its citizens. Three defining characteristics of the crisis have been: acute shortages in essential medicine & drugs, surging food inflation, and fuel shortages that rendered citizens immobile for months. In this context, Verité Research set out to assess how well the government implemented policies it proposed to overcome these three problems during the first half of 2022. The objectives were to (1) improve visibility on government decision-making and its subsequent follow-through and (2) hold the government and its vast network of bureaucracy accountable.

Provincial Budget 2021 - Western Province

This document presents a complete breakdown of revenue and expenditure for each Provincial Council. It also provides expenditure estimates by the relevant Heads/Programmes under the purview of the relevant Provincial Council.

Department of Development Finance Action Plan 2018

A comprehensive outline and review of the projects/activities to be undertaken in the year. The Action Plan of the Department outlines its projects and associated activities with their expected outputs and indicators and key functions for the respective year.

Ministry of Finance Appropriation Bill - Appropriation Act 2022

The Appropriation Bill outlines the allocation of funds to each Ministry for the respective budget year, based on the first reading of the Budget. This includes a breakdown of the funds to be allocated for recurrent and capital expenditure, broken down into the units of the ministries as well.

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