header logo
SLIC
Latest
Only 8% of budget promises are on track, says think tank
Oct 16, 201803:06 PM
Only 8% of budget promises are on track, says think tank
Mobitel inner 1278

A private sector think-tank says that only 8% of the government’s budget promises are progressing in line with their targets and that the pace of progress is slow, at the end of the first six months of 2018.

 

“Further, progress on 33% of proposals are categorised as either broken, neglected or undisclosed.”

 

“This means that the government is either not doing what it is saying or not saying what it is doing for promises amounting to LKR 60,200 million,” Verité Research said in its report ‘Budget Promises: Beyond Parliament’.

 

The Colombo-based interdisciplinary think-tank says that the bulk of new expenditure proposals in the 2018 budget (59%) are categorised as lagging in terms of their implementation.

 

The report also said that while the government’s progress in implementing its budget promises remains stagnant, its willingness to disclose this information has declined.

 

“In the first half of 2018, information on progress for 74% of the tracked promises was either not available or obtained with difficulty.”

 

In nearly 60% of the promises being tracked, government institutions failed to provide the action plan or progress report in response to a request filed under the RTI Act. Further, only 33% of progress reports could be compared against the action plans received, it said.

 

‘Budget Promises: Beyond Parliament’ is budget monitoring platform in Sri Lanka which tracks the government’s performance and openness on key promises made in its annual budget.

 

The platform is motivated by two basic questions: (1) Is the government doing what it is saying? and (2) Is it saying what it is doing?

 

In 2018, the platform is tracking 38 budget promises amounting to LKR 149,350 million, which accounts for 82% of all new expenditure proposals in the 2018 Budget Speech.

 

 

 

MostRead
Mobitel 1278
VideoStories
Randoli Perahera lights up streets of Kandy Devotees gather in numbers to witness the procession

Randoli Perahera lights up streets of Kandy Devotees gather in numbers to witness the procession

Over 70% Sri Lankans may back abolishing Executive Presidency; - Ex-Minister GL Peiris on Hyde Park

Over 70% Sri Lankans may back abolishing Executive Presidency; - Ex-Minister GL Peiris on Hyde Park

El Niño Impact: Prolonged dry spell affects 14 districts across Sri Lanka

El Niño Impact: Prolonged dry spell affects 14 districts across Sri Lanka

22nd Constitutional Amendment: Govt. says it has mandate for reforms, ITAK calls for referendum

22nd Constitutional Amendment: Govt. says it has mandate for reforms, ITAK calls for referendum

“Sri Lanka a promising partner for shared growth”  - Indonesian Ambassador to Sri Lanka

“Sri Lanka a promising partner for shared growth” - Indonesian Ambassador to Sri Lanka

Veteran lyricist Ven. Rambukana Siddhartha Thero  laid to rest today

Veteran lyricist Ven. Rambukana Siddhartha Thero laid to rest today

Public pay final respects to the late Nanda Malini Final rites tomorrow

Public pay final respects to the late Nanda Malini Final rites tomorrow

Petitions filed challenging constitutionality of  22nd Amendment Bill increase to 13

Petitions filed challenging constitutionality of 22nd Amendment Bill increase to 13

 Legendary Sri Lankan singer Dr. Nanda Malini passes away at 82

Legendary Sri Lankan singer Dr. Nanda Malini passes away at 82

UN receives public petition against alleged mistreatment of Suresh Sallay

UN receives public petition against alleged mistreatment of Suresh Sallay

Former President Ranil’s facts, data and interpretations are incorrect - Minister Anil Jayantha

Former President Ranil’s facts, data and interpretations are incorrect - Minister Anil Jayantha

Health officials warn public that prolonged heat exposure could be fatal

Health officials warn public that prolonged heat exposure could be fatal

 "Sri Lanka faces new economic crisis after 2028"; Former President Ranil Wickremesinghe warns

"Sri Lanka faces new economic crisis after 2028"; Former President Ranil Wickremesinghe warns

 BASL challenges 22A before SC; calls for full bench to examine the constitutionality of the bill

BASL challenges 22A before SC; calls for full bench to examine the constitutionality of the bill

Govt. ready for public referendum if ordered by SC, 22A Parliament debate in Sept. or Oct. – Nalinda

Govt. ready for public referendum if ordered by SC, 22A Parliament debate in Sept. or Oct. – Nalinda

Lassana Flora