October 2017

With less than a fortnight to go for the 2018 Budget, the country has been kept in the dark over half of the pledges made in the 2017 Budget amounting to over Rs. 65 billion, leaving taxpayers to grin and...

With the presentation of the national 2018 budget just two weeks away, this week’s Thursday morning was spent reflecting on the country’s enormous debt and the legacy of a Treasury with a bottomless pit that would be left to the...

Budgets prepared by successive Sri Lankan governments based on inaccurate revenue estimates lead to unexpected spending cuts and broken promises, investigations by Verité Research, a think-tank, has found. The new tax law introduced by the government, which simplified and ensures...

The government remains weakest in terms of information disclosures and openness. Thus, information on the progress of 51 percent of the 2017 budget pledges is not forthcoming, Verite Research Assistant Analyst Nilangika Fernando said. "We selected for study 37 state...

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,...

The government must follow through on its budget promises in order for business to succeed in Sri Lanka, said Ramal Jasinghe, the president of the National Chamber of Exporters He was speaking at the Sri Lanka Press Institute yesterday at...

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,...