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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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From The PF Wire
Source:
Daily Ft
Fuel prices rise
Fuel prices in Sri Lanka have seen a significant increase, with State-run Ceylon Petroleum Corporation (CEYPETCO) and Lanka IOC raising the price of Octane 92 Petrol by Rs. 4 to Rs. 365 per litre, 95 Octane Petrol by Rs. 3 to Rs. 420, Auto D...
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Source:
Daily Ft
Fuel prices likely to surge in October: CAL Resear...
CAL Research predicts a substantial increase in fuel prices of approximately Rs. 12-14 per liter in October 2023, attributing this forecast to global factors such as a 4-5% month-on-month rise in petrol and diesel prices, driven by a 7.7% mo...
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Source:
economynext
Japan firm claims damages of Rs. 5.8bn from Sri La...
A Japan-based firm involved in a scrapped light rail transit project had claimed 5,896 million rupees from Sri Lanka, the Auditor General revealed.
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Insight on Transport and Communication
Sri Lanka Railways: Track Record of Loss...
The Department...
Sri Lanka Transport Board’s (SLTB) is ma...
Annual operating profit of SLTB has decli...
2021 Budget allocation for Road Developm...
The total allocation for Road Dev...
Expenditure on the Transport & Communica...
Has the Government Fulfilled its Policy...
The National Policy Framework: Vistas...
Who are the Owners / Lessees of ports an...
Before 1999, all ports and terminals in the ports used to be 100% owne...
Budget 2021: Transport
The 2021 Budget Debate continues, and today the Sri Lankan Parliament...
Have Governments Fulfilled their Transpo...
Have consecut...
Featured
Uncovering Sri Lanka's Debt Trail: Who owns Sri La...
The chart below depicts the ownership of Sri Lanka's external debt as at end of Sept 2022.
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How did Sri Lanka Finance Government Expenditure i...
Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings. The infographic below provides a breakd...
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Defence Sector Claims Nearly Half of State Salarie...
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023.
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