Budget Promises: Beyond Parliament

Budget Promises: Beyond Parliament is a dashboard under publicfinance.lk that tracks the government’s performance in delivering on its budget promises.
HOW IT WORKS AND DETAILED DESCRIPTIONS

Click here for methodology, progress and openness descriptions for each proposals. Please reach out to pfp@veriteresearch.org to gain access to the source documents.

Openness Tracker

Is the government saying what it is doing?
  •  Closed
  •  Restricted
  •  Uncooperative
  •  Responsive
  •  Open

Progress Tracker

Is the government doing what it's saying?
  •  Unclaimed
  •  Undisclosed
  •  Not Implemented
  •  Partially Implemented
  •  Implemented

The Proposals List

Budget Promise
Ministry / Government Institution
Openness Tracker
Progress Tracker
Budget Promise
Setting up of Data Protection Authority - It is proposed to set up a Data Protection Authority that is independent and engaged with the Central Bank of Sri Lanka, Securities and Exchange Commission, TRCSL and all relevant sectoral regulators to ensure a proper governance of personal data.
Ministry / Government Institution
Ministry of Technology
Openness Tracker
Open
Progress Tracker
Implemented
Budget Promise
New Financial Asset Management Companies Act - It is proposed to introduce a new Financial Asset Management Companies Act to enable banks and finance companies to separate and transfer their non-performing bad assets to an asset management company.
Ministry / Government Institution
-
Openness Tracker
Closed
Progress Tracker
Unclaimed
Budget Promise
Establishment of the Microfinance and Credit Regulatory Authority (MCRA) - It is proposed to establish a Microfinance and Credit Regulatory Authority (MCRA) to ensure the protection of customers of microfinance and money lending businesses, while necessitating the reporting requirement to Credit Information Bureau of Sri Lanka (CRIB) by the regulated institutions.
Ministry / Government Institution
Central Bank of Sri Lanka
Openness Tracker
Open
Progress Tracker
Partially Implemented
Budget Promise
New Labor Policies - It is proposed to enact a new, updated and unified labor law in a manner to benefit both employer employee segment and the economy.
Ministry / Government Institution
Ministry of Labour and Foreign Employment
Openness Tracker
Closed
Progress Tracker
Undisclosed