This working paper critically appraises the modality/process/mechanism of the government budget formulation, enactment, implementation and monitoring & auditing in Sri Lanka. It tends to address the following questions: (i) What is a government budget? (ii) What are the laws governing the budget...

The paper studies budgetary, financial and monetary policy evaluationand design using a comprehensive wealth or permanent income accounting framework. A set of stylized balance sheets and permanent income accountsis constructed for the public, private and overseas sectors.These are then...

The paper studies budgetary, financial and monetary policy evaluationand design using a comprehensive wealth or permanent income accounting framework. A set of stylized balance sheets and permanent income accountsis constructed for the public, private and overseas sectors.These are then...