Nearly 40% of major 2025 budget proposals fail to make substantial progress
Sri Lanka, Nov. 13 -- The Sri Lankan government has fully implemented 33% of its major 2025 budget proposals, while nearly 40% have fallen short of substantial progress, according to the latest Budget Promises tracker maintained by Verite Research on its PublicFinance.lk platform.
The assessment examined 36 expenditure proposals from the 2025 budget speech valued at over Rs. 500 million each, representing a combined allocation of Rs. 212.25 billion. While 12 proposals were marked as fulfilled and three achieved substantial progress, eight saw only partial implementation, five recorded poor progress, one was broken, and the status of seven remained undisclosed.
Despite the mixed execution rate in terms of project numbers, the vast majori...
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