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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 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...
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Source:
EconomyNext
Sri Lanka finance minister to present Rs 695mn sup...
Sri Lanka Prime Minister Ranil Wickremesinghe in his capacity as Finance Minister will present a supplementary estimate of 695 billion rupees to parliament next Wednesday (08), preceded by a special statement on Tuesday (07) on the state of...
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Source:
Ceylon Today
17 State-run institutions show total loss of LKR 1...
It is reported that 17 of the 52 State-run institutions, including the Ceylon Electricity Board (CEB), have registered losses totalling Rs 131.62 billion in 2020.
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Insight on Expenditure
Budget Promises 2018: Progress of Promis...
Every year, the government makes promises...
The new Ministers of Finance: Will their...
The annual bu...
Education and Health in Budget 2016: Gra...
Governments make attractive promises when...
The Budget is not Mainly about Money, it...
Budgeting is a governance process that dr...
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Featured
Only 11 out of 52 SOEs have Published Financial Da...
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 I...
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Will the budget's veil of secrecy be lifted in 202...
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.  
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An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenur...
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