budget

Sri Lanka parliament committee slams failures in public finance management
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Taken from economynext A Sri Lankan parliamentary committee overseeing public spending has criticised the finance ministry for delays and inadequacies in providing information, and said that alteration in budget proposals owing to faulty estimates are failures of public finance management....
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Call for Keynesian type intervention to boost economy
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Taken from DailyNews Photo Courtesy - DailyNews A strong call was presented for a Keynesian model intervention to boost the economy at the CA Budget Forum held on Saturday in Colombo. Dr Nishan De Mel addressing the forum, urged for...
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Sri Lanka has fulfilled a quarter of 2018 budget proposals
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Sri Lanka has completed just over a quarter of the proposals made in he 2018 budget so far, State Finance Minister Eran Wickramaratne said. "Implementation of Budget 2018 is at 27.6 percent completed, 64.2 percent in-progress and only 8.2 percent...
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Broken promises from budget pledges: Verite Research
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Taken from Sunday Observer By Quintus Perera   The Government has performed poorly in executing budget proposals or promises, for, in its total pledges to disburse Rs. 149,350 million during 2018, only 8 per cent of these promises have been...
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Sri Lanka Exim bank proposal in limbo for three years
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Taken from EconomyNext ECONOMYNEXT – Sri Lanka’s government has failed to carry out a controversial proposal to set up a an ‘Export-Import bank’, to support businesses venturing overseas, for the third straight year, a think tank said. The study, presented...
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Budget 2018 mired on implementation
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Taken from DailyFT From left: Verite Research’s Research Director Subhashini Abeysinghe, Analyst Hasna Munas and Economic Research Team Leader Vidya Nathaniel - Pic by Ruwan Walpola Verité’s latest Budget tracker for 1H shows only 8% of 38 major proposals worth Rs. 149...
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Budget promises lagging; state of ‘Implementation Unit’ unknown
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Taken from Daily Mirror National Budget Department says no such unit exists Progress reports of individual ministries lacking consistency Status of 26 percent of promises remains undisclosed By Shabiya Ali Ahlam The government has yet again failed to implement the...
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Only 8-pct of Sri Lanka govt budget promises on track, study finds
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Taken from EconomyNext ECONOMYNEXT – Most new spending proposals in Sri Lanka’s 2018 government budget are behind schedule in their implementation with only eight percent of promises progressing on track, the same rate as last year, a new study has...
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