Quarterly reports by the state should focus on progress and results achieved every three months. Furthermore, the reports should be brief and should focus on the big results that need to be achieved in order to improve the well-being of all Sri Lankans. As per Dr. Sirimal Abeyratne’s article in the Sunday Times / Business [...]

Business Times

Like public companies, the Govt. should issue Quarterly Performance Reports

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Quarterly reports by the state should focus on progress and results achieved every three months. Furthermore, the reports should be brief and should focus on the big results that need to be achieved in order to improve the well-being of all Sri Lankans.

As per Dr. Sirimal Abeyratne’s article in the Sunday Times / Business Times on December 1, 2024 (https://www.sundaytimes.lk/241201/business-times/easy-choices-and-tough-choices-579042.html), the Sri Lanka Government’s big results are increasing exports, eliminating corruption, meeting lenders’ expectations, reducing government expenditures and improving taxation.

Quarterly reports would benefit both Sri Lankans and the Government: 

  •    Quarterly reports would keep Sri Lankans informed and empower them to keep the government focused and accountable. It would also help Sri Lankans understand the challenges faced by government.
  •    Producing quarterly reports would prompt the government to assess what is working well, what is not working well, challenges, set-backs, lessons learned and insights gained since being elected as well as decide on any required changes – and then candidly explain this in simple-to-understand terms, alongside of reporting progress. This exercise will help the government optimise its achievements. The government would also be demonstrating 5-Star leadership (https://cs-connections.com/5-star-leadership-2/) and thereby earn/maintain Sri Lankans’ trust and respect.
Opposition parties, pundits and some Sri Lankans will of course use the reports as fodder for criticism, eg saying too little progress and/or criticising the government’s priorities and approach for improving the well-being of Sri Lankans. While lack of progress must not be excused, it must also be realised that achieving Sri Lanka’s longer-term economic objectives will take time.

The Government must remember that in a democracy, it is both Sri Lankans’ leader and servant. Hence it is obliged to report and keep Sri Lankans informed. Sri Lankans can remind Government of this responsibility by contacting their MP’s, publishing letters in newspapers, being proactive in social media and expressing their view in the next election.

Remember that what is measured and reported to stakeholders (in this case, Sri Lankans) is also more likely to be achieved.

George Neufeld (via email)

 

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