This infographic looks at other countries that have also gone through domestic debt restructuring (DDR) since 1998 and the ways they have gone about this. Sri Lanka is the first country to use social security funds while ...

Sri Lanka misses the IMF deadline to create an online platform for fiscal transparency. However, some of the data is slated to be made public by the end of April.

Approval of government falls to 7% in February, latest Mood of the Nation Survey shows increase in negative outlook. The survey showed that only 9% rated the current economic conditions as either excellent or good, which ...

77% of Sri Lankan adults think that the government’s decision to reduce returns on the retirement savings in the Employees’ Provident Fund (EPF), in the pursuit of domestic debt restructuring (DDR), was not necessary and/or ...

In a survey commissioned by Verité Research, 56% of those who said they knew about the Online Safety Bill also said it will reduce the freedom of using social media. To the question ‘the government introduced a bill to ...

The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with ...

According to recent data published by the Ministry of Finance, public debt in dollar terms fell from USD 97 Bn (end 2021) to USD 85 Bn (end 2022), however rose again to USD 91 Bn by September 2023. The debt stock in ...

This series of infographics contains sectoral allocations from Budget 2024. Allocations to Finance, Defence and Health were among the highest.

Projections in Budget 2024 expect revenue to be 13.1% of GDP in 2024.

The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.