State of the Budget 2024 : Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
Abstract
The State of the Budget 2024 report compiled by Verité Research assesses the financial, economic and fiscal assumptions, the computation of estimates, and reporting standards applied in the 2024 Budget Speech. The state of the Budget is set out in four main sections. Section one introduces the report, sets out its objectives, and provides some background on Sri Lanka’s budget formulation process. Section two draws attention to the various deficiencies in the budget. Section three analyses the revenue estimates used in Sri Lanka’s 2024 Budget. Section four focuses on expenditure allocations and highlights concerns regarding the 2024 budget.
Note
Description
43p. - The Economics Team of Verité Research compiled this study. The research team comprised Raj Prabu Rajakulendran,
Chathuni Pabasara, Charini Senanayake, Emaad Rizwan and Jason Hingert. Overall research supervision was provided
by Nishan de Mel. Editorial support was provided by Venya de Silva and Anushan Kapilan.
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- Research Reports [82]