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Local News

Transparency Gap: Are Sri Lanka’s Retirement Savings at Risk?.

May 25, 2026 at 5:13 AM

A new Verité Research brief reveals that Sri Lanka’s Employees' Provident Fund (EPF) significantly underperforms in transparency and disclosure standards compared to other private financial entities, raising concerns about the security of worker savings.

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Transparency Gap: Are Sri Lanka’s Retirement Savings at Risk?
Image Credit : english.newsfirst.lk
Economy
US Consumer Spending Slows as Rising Fuel Costs Impact Household Budgets
Image Source : foxnews.com

US Consumer Spending Slows as Rising Fuel Costs Impact Household Budgets.

May 14, 2026 at 12:45 PM
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Economy
Strategic Fiscal Management: How Malaysia is Strengthening Economic Resilience
Image Source : ncua.gov

Strategic Fiscal Management: How Malaysia is Strengthening Economic Resilience.

May 13, 2026 at 8:37 PM
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Politics

Understanding the Mechanisms of Parliamentary Control Over Public Finances.

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

May 12, 2026 at 8:56 PM
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Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management
Image Source : ftadviser.com
Local News•
May 9, 2026 at 7:19 PM

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

Sri Lanka faces renewed scrutiny over its public financial management following a series of alarming, allegedly fraudulent transactions within state institutions that have raised concerns about institutional accountability.

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Local News

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

May 8, 2026 at 6:03 AM

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
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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United States
US Tariff Adjustments Could Push Federal Deficit Upward by $1.1 Trillion
Image Source : economic-research.bnpparibas.com

US Tariff Adjustments Could Push Federal Deficit Upward by $1.1 Trillion.

April 27, 2026 at 8:34 PM
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Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund
Image Source : news.lk
Local News•
April 27, 2026 at 12:04 PM

Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund.

Deputy Finance Minister Anil Jayantha Fernando has officially confirmed that the 'Rebuilding Sri Lanka' fund, established for Cyclone Ditwah relief, remains secure, with over Rs. 9.5 billion collected from 49 countries.

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United States

Unprecedented $1.5 Trillion Military Budget Request Sparks Debate Over Transparency and Defense Strategy.

April 26, 2026 at 8:09 AM

The Trump administration has proposed a record-breaking $1.5 trillion military budget, marking a 42% increase in spending despite persistent failures in Pentagon audits. The funding covers advanced missile defense, naval expansion, and space capabilities.

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Unprecedented $1.5 Trillion Military Budget Request Sparks Debate Over Transparency and Defense Strategy
Image Credit : timesnews.net
Local News
Sri Lanka’s New Fiscal Landscape: A Transformation in Public Financial Management
Image Source : nz.news.yahoo.com

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

April 23, 2026 at 8:34 PM
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Economy
The Hidden Cost of Inflation: Why Families Are Liquidating Retirement Savings
Image Source : aol.com

The Hidden Cost of Inflation: Why Families Are Liquidating Retirement Savings.

April 20, 2026 at 6:18 PM
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United States
The Economic Escalation: Examining the Surge in US Defense Expenditures
Image Source : latimes.com

The Economic Escalation: Examining the Surge in US Defense Expenditures.

April 20, 2026 at 5:08 PM
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Macro-Economic Pressures and Financial Uncertainty: A Critical Look at Sri Lanka's Inflation Outlook
Image Source : ft.lk
Local News•
April 20, 2026 at 5:45 AM

Macro-Economic Pressures and Financial Uncertainty: A Critical Look at Sri Lanka's Inflation Outlook.

This article provides a critical analysis of the Central Bank of Sri Lanka’s recent inflation targets, questioning the narrative of 'space' for price increases while addressing the harsh realities faced by households due to currency depreciation and rising costs of living.

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United States

New York Revenue Surpasses Projections Amid Long-Term Fiscal Migration Concerns.

April 16, 2026 at 7:32 PM

New York recorded a surplus of $2.3 billion in tax revenue for February, yet this fiscal gain contrasts with ongoing concerns regarding high-earner migration and tax policy challenges.

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New York Revenue Surpasses Projections Amid Long-Term Fiscal Migration Concerns
Image Credit : slaynews.com
Finance
Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction
Image Source : gobankingrates.com

Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction.

April 16, 2026 at 10:36 AM
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United States
White House Economic Report Targets 10 Million Home Deficit to Bolster Middle Class
Image Source : inkl.com

White House Economic Report Targets 10 Million Home Deficit to Bolster Middle Class.

April 13, 2026 at 10:13 PM
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Local News

IMF Emphasizes Fiscal Discipline for Sri Lanka Amid Cyclone Recovery Efforts.

The IMF has urged Sri Lanka to maintain fiscal discipline under the Public Financial Management Act while navigating the economic impact of Cyclone Ditwah. Officials indicate the primary expenditure limit of 13% of GDP may be exceeded to fund reconstruction efforts.

April 10, 2026 at 1:44 AM
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Governments Cautioned Against Expanding Fiscal Deficits Amid Rising Global Aid Demands
Image Source : washingtonpost.com
Economy•
April 8, 2026 at 11:14 AM

Governments Cautioned Against Expanding Fiscal Deficits Amid Rising Global Aid Demands.

Economists and international bodies are urging governments to exercise fiscal discipline as they grapple with the financial pressures of providing new aid during a period of potential stagflation.

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