Browsing by Author "Econ Team"

Now showing items 21-40 of 132

    • The Economics of Media Freedom: is Sri Lanka on a virtuous or vicious cycle? 

      Verité Insights;
      Econ Team       (Colombo: Verité Research, 2013-10)
      This article explains the economic importance of media freedom by considering three reasons: i) indicative reasons; ii) instrumental reasons; and iii) integral reasons. Media freedom is indicatively important because it ...

    • Employees Provident Fund (EPF): Special Report 

      Econ Team (Colombo: Verité Research, 2012-03-28)
      This brief discusses the performance of the Employees' Provident Fund's (EPF) equity investments in the period 2009–2010 in comparison to risk-free government securities, the All Share Price Index (ASPI) and equity ...

    • The EPF is the Single Largest Holder of Government Treasury Bonds 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-16)
      On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for ...

    • Exceptionalism of Domestic Debt Restructuring in Sri Lanka 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-08)
      Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF ...

    • Exchange rate management: politics trumps professionalism 

      VR Insights;
      Econ Team       (Colombo: Verité Research, 2016-01-26)
      Most people in a country don’t understand the intricacies of exchange rate management. Nevertheless, actions in this regard have significant implications for the economic stability, growth and overall success of the economy, ...

    • Expected GDP Outcomes - Budget 2023 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-15)
      Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.

    • Expected GDP Outcomes: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.

    • Expenditure on the Education Sector : Regional Comparison 

      Econ Team (2022-01-24)
      The UN has dedicated the 24th of January as the International Day of Education in celebration of the role of education for peace and development. Sri Lankas’ Education Expenditure has been lagging behind regional peers. ...

    • Expenditure Proposals from the 2023 Budget 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-15)
      The infographics contain some of the key expenditure proposals presented in the 2023 Budget.

    • Expenditure Proposals: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      The highest expenditure proposal from the 2024 Budget amounted to LKR 11,250 million for a decentralized budget programme. The list of infographics displays the highest expenditure proposals from the 2024 Budget.

    • The Exporting Problem of SMEs: Finance is one solution 

      Verité Insights;
      Econ Team       (Colombo: Verité Research, 2015-09)
      Since the turn of the century, not only have Sri Lankan exports declined as a share of its GDP, but also in terms of its global share. Sri Lanka had a larger global share of exports at Independence, than at present. There ...

    • Financing of the Budget Deficit, 2010 to 2022 

      Public Finance Infographics;
      Econ Team       (2021-11-23)
      The following infographic depicts the financing of the budget deficit from 2010 to 2022 estimates as presented in the 2022 budget.

    • Fiscal Targets: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      Projections in Budget 2024 expect revenue to be 13.1% of GDP in 2024.

    • Fixing Sri Lanka’s Revenue Problem is a Priority 

      VR Insights;
      Econ Team       (Colombo: Verité Research, 2017-02-10)
      Taxes are the key source of government revenue. Normally, tax share as a percentage of GDP is expected to increase as per capita GDP rises. This Insight shows that in Sri Lanka, this is not the case; the country’s per ...

    • Foregoing Competition to Secure Funding for Public Infrastructure: One third of funding secured was non-concessional 

      Econ Team; Legal Team (Colombo: Verité Research, 2023-07-04)
      In 2010, Sri Lanka established a unique framework, overseen by the Standing Cabinet Appointed Review Committee (SCARC), to handle unsolicited proposals (USPs) for public infrastructure funding. These USPs inherently bypass ...

    • Gazetted Taxes are 4.3ppt to 15.4ppt of Income Higher than Proposals Affirmed in the Interim Budget 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-10-24)
      The infographics provide details on how the recent personal income tax changes will affect the amount of personal income tax paid by an individual.

    • Government Revenue Loss due to the Sugar Tax Cut 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-03-07)
      The Special Commodity Levy (SCL) on imported sugar was reduced from LKR 50/kg to LKR 0.25/kg on the 13th of October 2020. This was intended to reduce the price of sugar in the domestic market. The cumulative loss of ...

    • The Government Spent Only 10.6% of The Itukama COVID-19 Fund Balance 

      Public Finance Infographics;
      Econ Team       (2022-01-10)
      On the 23rd of March 2020, President Gotabaya Rajapaksha initiated the “Itukama” COVID-19 Healthcare and Social Security Fund. The fund’s purpose was to “strengthen the mitigation activities aimed at controlling the spread ...

    • Highlights from the Appropriation Bill for 2023 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-02)
      The Appropriation Bill for 2023 was presented to Parliament on the 18th of October, ahead of the budget speech in November. The Appropriation Bill shows that there is a 26% increase in expenditure planned for 2023, while ...

    • Highlights from the Appropriation Bill for 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-06)
      The Appropriation Bill shows that there is a 12% increase in expenditure planned for 2024. Interest payments alone remain more than one-third of total spending in 2024, reflecting an increase of 20% from 2023.