Dashboard

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.

2023-End Year 2023-Mid Year 2022-End Year 2021-End Year 2021-Mid Year 2020-End Year 2019-End Year 2018-End Year 2018-Mid Year 2017-End Year 2017-Mid Year
Mid Year

Openness Tracker

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

Progress Tracker

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

The Proposals List

Budget Promise
Ministry / Government Institution
Openness Tracker
Progress Tracker
Budget Promise
Enhancing Access to Global Markets - It is proposed to establish an International Trade Office to deal with all the international trade negotiations. It is proposed to be initially established under the Ministry of Finance and subsequently, amalgamated to the Ministry of Foreign Affairs (MFA).
Ministry / Government Institution
Ministry of Finance, Economic Stabilization and National Policies | Presidential Secretariat
Openness Tracker
Closed
Progress Tracker
Undisclosed
Budget Promise
Presidential Commission on Taxation - It is proposed to establish a Presidential Commission on Taxation to study and make recommendations on the functioning, coordination and changes to be made in the tax structure, institutions, procedures etc. and to examine the requirement for setting up a centralized institution for managing government revenue.
Ministry / Government Institution
Ministry of Finance, Economic Stabilization and National Policies | Department of Fiscal Policy
Openness Tracker
Closed
Progress Tracker
Undisclosed
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
Responsive
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
Central Bank of Sri Lanka
Openness Tracker
Closed
Progress Tracker
Undisclosed
Budget Promise
Appointment of Task Force to Monitor Budget Implementation - It is proposed to to set up a Presidential Task Force to carry out monitoring functions to expedite implementation of all budget proposals.
Ministry / Government Institution
Ministry of Finance, Economic Stabilization and National Policies | Department of Fiscal Policy
Openness Tracker
Closed
Progress Tracker
Undisclosed
Budget Promise
Establishment of the Micofinance 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
Closed
Progress Tracker
Undisclosed
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
Not Implemented