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Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
Featured Insight
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
Featured Insight
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
Featured Insight
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This report has two major sections. The first deals with the flawed assumptions and estimates used in the formulation of the budget and the second deals with issues in informational standards and gaps in due diligence. Download Publication
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Chinese Exim Bank provides financial assurance to Sri Lanka through embassy handover
The Deputy Ambassador of the Chinese Embassy in Colombo Hu Wei officially presented the financial assurance letter issued by the Exim Bank of China to Mahinda Siriwardena, the Secretary of the Ministry of Finance at the Presidential Secretariat yesterday afternoon (07).
2023-03-13
LBO
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Contributory pension fund for new State workers
The Cabinet of Ministers at its meeting on Monday has cleared a proposal by President Ranil Wickremesinghe to prepare a law to set up a contributory pension fund for new public sector employees.
2023-03-07
Daily FT
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IMF backs Sri Lanka’s reluctant policy rate hike
Central Bank of Sri Lanka’s reluctant decision to hike rates at time when the it is running clearly deflationary policy with an ad hoc peg, has drawn praise from the International Monetary Fund.
2023-03-07
EconomyNext
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Chinese EXIM Bank offers short, mid, long term measures
Source from Chinese EXIM Bank has stated that support will extend beyond the proposed two -year moratorium on debt repayments. The latter is only a short-term measure, and the Bank will make their best efforts to contribute to the debt sustainability and the future development of Sri Lanka in the...
2023-03-01
Daily Mirror
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Lanka to restructure bilateral loans amounting to $10.81 bn
Sri Lanka is confident of gaining assurances from bilateral creditors for their debt restructuring to obtain International Monetary Fund (IMF) board approval towards unlocking the US$ 2.9 billion bailout package ahead of the IMF/World Bank spring meetings in Washington in mid-April, Finance Minis...
2023-03-01
Sunday Times
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