📊 Nearly 40% of 2025 Budget Short of Substantial Implementation: Verité Research
• Overall Figures & Progress: Nearly 40% (14 out of 36) of high-value proposals in Sri Lanka’s 2025 Budget fell short of substantial implementation, according to Verité Research. However, 41% (15 proposals) were either fulfilled or substantially implemented. • Record High Fulfilment: The share of fully fulfilled proposals reached an eight-year high of 33% (up from 17% in 2024), marking the highest performance recorded since tracking began in 2017—achieved despite a shorter implementation timeframe following the February 2025 Budget presentation. • Tracked Budget Scope: The assessment monitored 36 high-value proposals valued at Rs. 500 million or more, representing a total combined allocation of Rs. 212 Bn. • Information & Transparency: Progress on 19% (7 proposals) remains undisclosed due to insufficient data. Notably, transparency improved as 64% of proposals were rated "open," with zero proposals classified as "closed" for the first time since 2017.