Topics
Explore
Featured Insight
Sri Lanka met 46 IMF commitments and failed 12 by end-Nov
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Research’s ‘IMF Tracker’. The supporting documents have provided information on the progress of six commitments which were previously classified as ‘unknown’. Five of the commitments have now been reclassified as ‘met’ and one – the tax revenue target – as 'not met’. Of the 73 commitments due by end-November, 12 are ‘not met’, 15 are classified as ‘unknown’, and 46 as ‘met’. Therefore, 63% of the commitments due by end November have been verifiably completed. This means, however, that Sri Lanka’s overall performance remains less than impressive.
Featured Insight
Sri Lanka met 46 IMF commitments and failed 12 by end-Nov
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Research’s ‘IMF Tracker’. The supporting documents have provided information on the progress of six commitments which were previously classified as ‘unknown’. Five of the commitments have now been reclassified as ‘met’ and one – the tax revenue target – as 'not met’. Of the 73 commitments due by end-November, 12 are ‘not met’, 15 are classified as ‘unknown’, and 46 as ‘met’. Therefore, 63% of the commitments due by end November have been verifiably completed. This means, however, that Sri Lanka’s overall performance remains less than impressive.
Featured Insight
Sri Lanka met 46 IMF commitments and failed 12 by end-Nov
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Research’s ‘IMF Tracker’. The supporting documents have provided information on the progress of six commitments which were previously classified as ‘unknown’. Five of the commitments have now been reclassified as ‘met’ and one – the tax revenue target – as 'not met’. Of the 73 commitments due by end-November, 12 are ‘not met’, 15 are classified as ‘unknown’, and 46 as ‘met’. Therefore, 63% of the commitments due by end November have been verifiably completed. This means, however, that Sri Lanka’s overall performance remains less than impressive.
Featured Insight
Sri Lanka met 46 IMF commitments and failed 12 by end-Nov
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Research’s ‘IMF Tracker’. The supporting documents have provided information on the progress of six commitments which were previously classified as ‘unknown’. Five of the commitments have now been reclassified as ‘met’ and one – the tax revenue target – as 'not met’. Of the 73 commitments due by end-November, 12 are ‘not met’, 15 are classified as ‘unknown’, and 46 as ‘met’. Therefore, 63% of the commitments due by end November have been verifiably completed. This means, however, that Sri Lanka’s overall performance remains less than impressive.
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.
Government introduces new expenditure and relief through supplementary budget
On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...
From The PF Wire
Source:
Daily FT
Downturn for manufacturing in April, service secto...
In April 2024, the country’s manufacturing sector, as per the Purchasing Managers Index (PMI), failed to sustain the strong upturn recorded in the first quarter, recording an index value of 42.0 which indicates a contra...
Read More
Source:
Daily News
Govt. to provide Kerosene subsidy to low-income fa...
Power and Energy Minister Kanchana Wijesekera said that the Government will take steps to provide a Kerosene subsidy for low-income families and people engaged in fisheries and plantations sectors. “This subsidy applies to low-income families dependent on Kerosene, as well as to p...
Read More
Source:
Daily FT
Buddhika Pathirana alleges malpractice at Finance...
SJB MP Buddhika Pathirana, in Parliament on Wednesday once again castigated the Ministry of Finance for alleged mismanagement of State finances and inconveniencing the public.
Read More
Insight on Expenditure
Defence Sector Claims Nearly Half of Sta...
According to the 2023 Budget Estimates, 1...
The Cost of Inflation: Sustaining 2015 C...
Sri Lanka's is set to experience a 160% increase in nominal GDP from the 2015 levels of LKR 1...
Total SOE Losses in the first four month...
During the first four months of 2022 the cumulative loss of State-Ow...
Government Expenditure from 2012-2021
Government Expenditure increased by 126% over the past decade. Expen...
How did the government finance its expen...
The infographics provides details on government expenditure and the...
Fuel Price Tracker : Methodology
FUEL PRICE TRACKER
A Sri Lankan Household Spends 24% of Av...
Sri Lanka's fuel prices increased rapidly within the last few mo...
Fiscal Performance From January to Novem...
The following infographic compares Sri Lankas' fiscal performance from January to Novemb...
Sri Lanka’s Imports Were 4% Higher in 2...
Sri Lanka’s Imports have grown by 4%...
page
2
of
7
‹
1
2
...
2
...
6
7
›
Featured
IMF Article IV Report – Key Issues and Recommendat...
Under Article IV of the IMF's Articles of Agreement, IMF holds bilateral discussions with its member countries every year. In 2021 IMF held discussions with Sri Lanka officials and the report was completed on Febru...
Read More
What Caused the Rise in Tax Revenue from 2021 to 2...
In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A c...
Read More
Too Many ‘Known Unknowns’ in Sri Lanka’s IMF Progr...
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...
Read More
