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Fiscal accountability News

Latest conceptually matching events and reports for Fiscal accountability.

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Local News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

May 18, 2026 at 4:45 AM

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

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Local News
Sri Lanka’s Inland Revenue Amendment Bill: Supreme Court Ruling Prompts Possible Legislative Adjustments
Image Source : ft.lk

Sri Lanka’s Inland Revenue Amendment Bill: Supreme Court Ruling Prompts Possible Legislative Adjustments.

May 18, 2026 at 4:00 AM
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Economy
Pakistan Achieves Major Fiscal Milestone with Record Deficit Reduction
Image Source : arabnews.com

Pakistan Achieves Major Fiscal Milestone with Record Deficit Reduction.

May 17, 2026 at 9:52 PM
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Local News
Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors
Image Source : ft.lk

Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors.

May 17, 2026 at 12:06 AM
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Strategic Fiscal Management: How Malaysia is Strengthening Economic Resilience
Image Source : ncua.gov
Economy•
May 13, 2026 at 8:37 PM

Strategic Fiscal Management: How Malaysia is Strengthening Economic Resilience.

Malaysia is implementing proactive fiscal discipline by curbing non-essential spending to bolster economic resilience against global uncertainties and geopolitical risks.

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Politics

Understanding the Mechanisms of Parliamentary Control Over Public Finances.

May 12, 2026 at 8:56 PM

An exploration of how parliamentary systems maintain oversight of national finances, detailing the legislative processes involved in budgetary approval and fiscal accountability.

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Local News
Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management
Image Source : ftadviser.com

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

May 9, 2026 at 7:19 PM
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Local News
Critical Perspective: Governance Concerns Surrounding the NPP Administration
Image Source : scmp.com

Critical Perspective: Governance Concerns Surrounding the NPP Administration.

May 9, 2026 at 7:18 PM
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Finance
Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures
Image Source : ft.lk

Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

May 8, 2026 at 10:39 AM
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Local News•
May 8, 2026 at 6:03 AM

Concerns Mount Over Fiscal Irregularities in Sri Lanka’s Welfare Distribution.

Recent allegations regarding the irregular disbursement of Rs. 500 million in Aswesuma welfare funds have sparked public outrage, highlighting systemic gaps in financial oversight during Sri Lanka's economic recovery.

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Local News

Namal Rajapaksa Raises Alarms Over Rs. 800 Million State Revenue Leakage.

May 7, 2026 at 12:24 PM

SLPP MP Namal Rajapaksa has criticized the government for failing to address a loss of over Rs. 800 million, alleging institutional negligence and a lack of accountability.

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Namal Rajapaksa Raises Alarms Over Rs. 800 Million State Revenue Leakage
Image Credit : newswire.lk
Local News
Parliament Demands Accountability Following Alleged Multi-Billion Rupee Fraud at NDB Bank
Image Source : island.lk

Parliament Demands Accountability Following Alleged Multi-Billion Rupee Fraud at NDB Bank.

May 7, 2026 at 12:17 AM
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Local News

Sri Lankan Government Anticipates Landmark Corruption Verdicts in 2026.

Cabinet Spokesman Minister Nalinda Jayatissa has indicated that major corruption cases involving several prominent political figures are nearing completion, as the government moves forward with its commitment to judicial accountability in 2026.

May 6, 2026 at 8:55 AM
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Economy
India’s Strategic Fiscal Path: Balancing Growth with Long-term Stability
Image Source : thebftonline.com

India’s Strategic Fiscal Path: Balancing Growth with Long-term Stability.

May 4, 2026 at 7:58 PM
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Local News•
May 3, 2026 at 7:31 PM

Balancing Economic Recovery and Human Rights: A Critical Look at Sri Lanka's IMF Reforms.

An analysis of the tension between IMF-mandated fiscal austerity measures and Sri Lanka's human rights obligations, advocating for a more people-centric approach to economic policy.

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Economy

Fitch Ratings Highlights Growing Concerns Over US Debt Levels Compared to Peers.

April 30, 2026 at 7:31 PM

Fitch Ratings has expressed concerns that the United States is carrying a significantly higher debt burden compared to other nations with an 'AA' credit rating, driven by an expanding fiscal deficit.

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Local News
Reflecting on the Premadasa Economic Model Amidst Current Fiscal Realities
Image Source : sundaytimes.lk

Reflecting on the Premadasa Economic Model Amidst Current Fiscal Realities.

April 30, 2026 at 6:55 PM
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Economy
Fiscal Stability Achieved: Revenue Expansion Powers Primary Surplus to 5.4%
Image Source : investopedia.com

Fiscal Stability Achieved: Revenue Expansion Powers Primary Surplus to 5.4%.

April 28, 2026 at 8:45 PM
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Local News
Parliamentary Oversight in Question: The Debate Over Presidential Accountability
Image Source : whitehouse.gov

Parliamentary Oversight in Question: The Debate Over Presidential Accountability.

April 23, 2026 at 11:55 PM
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Sri Lanka’s New Fiscal Landscape: A Transformation in Public Financial Management
Image Source : nz.news.yahoo.com
Local News•
April 23, 2026 at 8:34 PM

Sri Lanka’s New Fiscal Landscape: A Transformation in Public Financial Management.

Sri Lanka has initiated a major shift in fiscal governance through the enactment of the Public Financial Management Act and the Public Debt Management Act of 2024, focusing on transparency and rule-based accountability.

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