Sri Lanka govt concealing status of most 2017 budget proposals

The status of just over half of the promises made by Sri Lanka’s government in its 2017 budget remain undisclosed, meaning the tax paying public does not know how their money is being spent, according to a new research report....

Only 3% of the proposals in the 2017 budget have shown any progress while information on the progress of 51% of the budget proposals tackled has not been disclosed, a research carried out by a private think tank organization has...

A research firm has found out that promises included in the 2017 budget shows poor action with over a half of key budget proposals remain weakest even in terms of information disclosure. Launching an online platform for tracking budget promises,...

From left: Verité Research Executive Director Dr. Nishan de Mel, Verité Research Assistant Analyst Nilangika Fernando, Verité Research Research Director SubhashiniAbeysinghe, Parliamentary Committee on Public Finance Member Professor AshubodhaMarasinghe and National Chamber of Exporters President RamalJasinghe Pic by PradeepDilrukshana Just...

Dr. Samantha Kumara Kithalawaarachchi, the Director to His Excellency, the President of Sri Lanka, Presidential Secretariat, spoke about the current situation in regard to tobacco taxation in Sri Lanka. Article 6 : (Tobacco Taxation) of the Framework Convention on Tobacco...

Govt. earns Rs. 51.96 billion from tobacco-related taxes in first six months, falling short of FM projection NATA claims FM has been wrong in their revenue projections Says that a price formula should be used to ensure transparency Says still moreroom for...