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Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
Featured Insight
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and substandard medical supplies, by identifying high-risk deals where bidders are connected. Other countries have successfully used similar systems to prosecute corruption cases, but Sri Lanka lacks one due to limited information on the e-Government procurement platform. Currently, only 9 out of 73 possible corruption red flags can be detected. If the government fully complied with the RTI Act, this number could increase to 23, and with further disclosures, up to 28. Greater transparency could help identify risky tenders, prevent corruption, and save public funds.
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வரவு-செலவுத்திட்ட பற்றாக்குறைக்கு நிதியளித்தல் தொடர்பான பகுப்பாய்வுகளும் விரிவான பார்வைகளும்..
தெற்காசிய நாடுகளுக்கிடையே இலங்கையிலேயே அதியுயர் பணவீக்கம் காணப்படுகிறது
இலங்கை மிக மோசமான பொருளாதார நெருக்கடியை எதிர்கொண்ட...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
Daily Mirror
Paris Club ready for close coordination with China...
The Paris Club creditor nations last month reached out to China and India seeking to coordinate closely on Sri Lanka's debt talks, but is still awaiting a reply, a source with direct knowledge of the matter told Reuters on Thursday.
மேலும் வாசிக்க
Source:
Economy Next
Sri Lanka eyes diaspora incentive package to boost...
Sri Lanka’s state run Board of Investment (BOI) is to formulate an incentive package for Sri Lankans with foreign citizenship when they invest in the island nation, a BOI source said.
மேலும் வாசிக்க
Source:
Ceylon Today
$780M from IMF
Sri Lanka is in line to receive an IMF disbursement of US$ 780 million on 23 August. This is because the IMF, due to the COVID-19 Pandemic, on Monday approved a general allocation of US$ 650 billion to its member countries. Based on Sri Lank...
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நுண்ணறிவு நிதியளிப்பு
Quantifying grants received by Sri Lanka...
Since independence, Sri Lanka has been th...
பாரியளவிலான கருத்திட்டங்களின் கொள்முதல்...
வெரிட்டே ரிசர்ச் நிறுவனத்தால் நடைமுறைப்பட...
WHT and PAYE had the largest growth in Q...
The Fiscal Management Report 2024, recent...
Is Maldives going down Sri Lanka's path?...
Since 1983, Sri Lanka has faced the conti...
2022 ஆம் ஆண்டில் அரசாங்க செலவினங்களுக்கு...
2022 ஆம் ஆண்டுக்கான அரசாங்கத்தின் மொத்த செலவினம் ரூபா 4,472 பில்லியன் ஆகும். மொத்த வருமானம் மற்று...
நிதி மறுஒதுக்கீடு தேர்தலுக்கு நிதியளிக்க...
2022ல் அரசாங்கம் முன்னெடுத்த குறிப்பிட்ட...
Sri Lanka Experiences Its Highest Rate O...
The infographic...
Sri Lanka’s Fitch Credit Rating has been...
Sri Lanka’s...
உட்கட்டமைப்பு கருத்திட்ட கண்காணிப்பான்:...
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விவரணம்
The Best Next Step for Improving Tax Collection
This article was compiled by Sumini Siyambalapitiya. Sumini Siyambalapitiya is a former Lead Analyst in the Economics team of Verité Research and se...
மேலும் வாசிக்க
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.
மேலும் வாசிக்க
Wanted: An Authentic Minister of Finance - Sri Lan...
This article was compiled by Professor Mick Moore. Professor Mick Moore is a political economist and Professorial Fellow at the Institute of Development St...
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