Browsing Research Outputs by Subject "International Monetary Fund"

Now showing items 1-16 of 16

    • CBSL more Optimistic than the IMF 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-06-16)
      According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) ...

    • Exceptionalism of Domestic Debt Restructuring in Sri Lanka 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-08)
      Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF ...

    • Expected GDP Outcomes: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.

    • IMF programme’s transparency falls to lowest point in September 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-19)
      The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably ...

    • The Problem with Procurement 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-04)
      Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparency platform. The online transparency platform was to be operational by March 2023, but the ...

    • Sri Lanka failed 2 IMF commitments and met 25 by end-April 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-05-23)
      By the end April 2023, Sri Lanka had fulfilled 25% of its trackable commitments under the IMF program. Sri Lanka fell short on two commitments that were expected to be fulfilled by April 2023. The first of these is related ...

    • Sri Lanka met 25% of IMF commitments and failed 1 by March 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-04-21)
      Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one. Many of the commitments met were classified as “prior ...

    • Sri Lanka met 29 IMF commitments and failed 3 by end-May 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-06-19)
      Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023. Two of the failed commitments relate to revenue. The first is to ...

    • Sri Lanka Met 33 IMF Commitments and failed 8 by end-June 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-17)
      Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight. Growing number of failed commitments, the number ...

    • Sri Lanka met 35 IMF commitments and failed 7 by end-July 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-22)
      The share of Sri Lanka’s 100 trackable commitments in the International Monetary Fund (IMF) programme for which no data has been made available to assess progress — despite passing the agreed deadline — has increased from ...

    • Sri Lanka Met 38 IMF Commitments and Failed 8 by end-August 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-09-15)
      Sri Lanka verifiably met 38 of the 57 trackable commitments that were due for completion by end-August in its 17th programme with the International Monetary Fund (IMF).

    • Sri Lanka met 41 IMF commitments and failed 11 by end-Oct 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-17)
      Sri Lanka verifiably met 41 of the 73 trackable commitments that were due for completion by end-October 2023 in its ongoing programme with the International Monetary Fund (IMF), according to the latest update from ‘IMF ...

    • Sri Lanka's best kept secret 

      Econ Team (Colombo: Verite Research, 2023-11-01)
      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 ...

    • Tax revenue misses IMF target in 1st quarter!​ 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-04)
      According to the 2022 Annual Report from the Ministry of Finance, tax revenue for the first quarter of 2023 experienced a surge of 56%, amounting to LKR 578 billion. This was a increase from the LKR 370 billion collected ...

    • What Caused the Rise in Tax Revenue from 2021 to 2022? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-06-30)
      In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a ...

    • Why did Sri Lanka fall short of revised 2022 tax revenue target? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-20)
      Sri Lanka missed its tax revenue target in 2022, falling short by Rs 101 bn. Prioritizing fiscal consolidation has been given greater importance as part of the current IMF program. A series of budget deficits, excessive ...