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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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Public debt grew more slowly in the first three quarters of 2024
Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.
From The PF Wire
Source:
The Morning
Sri Lanka secures $ 230 m from ADB energy fund
ADB allocates $200 million for electricity modernization: $150 million to CEB, $50 million to Lanka Electricity (Pvt) Ltd.
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Source:
Economy Next
Sri Lanka central bank converts provisional advanc...
Sri Lanka's central bank has converted interest-free advances provided to the government under an old law into Treasury bills and further transformed 2.4 trillion rupees in Treasury bills into longer-term bonds as part of a domestic debt...
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Source:
Daily mirror
President requests China to restructure debt repay...
President Gotabaya Rajapaksa who met with visiting Chinese State Councillor and Foreign Minister Wang Yi said it would be a great relief for Sri Lanka in the midst of the economic crisis if debt payments could be restructured. A statem...
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Insight on Debt
De-mystifying The Increase in Sri Lanka’...
During 2015-2019 Sri Lanka's debt stock rose by 42.8%, out of wh...
The Government Has to Repay Yearly an Av...
The infographic shows the actual annual f...
What Are the Largest Projects Financed t...
China, Japan, I...
Sri Lanka Pays the Largest Proportion of...
The graph shows the gross debt as a perce...
Who Are the Major Foreign Lenders for Sr...
Sri Lanka&rsquo...
Actual Liability of the Government Is Mo...
The general understanding of public/gover...
Non-Compliance with the Fiscal Managemen...
The Fiscal Management (responsibility) Ac...
Government Debt Has Surpassed 100% of GD...
According to...
3 Problems on Debt Numbers
A case study by VeriteResearch identified 3 main problems in debt repo...
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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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Composition of Sri Lanka's Gross Official Reserves
The reported gross official reserves as of February 2022 stood at USD 2,311 MN, out of which 98% (USD 2,242 MN) consisted of short-term swaps maturing within 12 months. Whilst the quantity of reserves is important it is eq...
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Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
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