Search
Now showing items 1131-1140 of 2143
Budget Promises: Beyond Parliament - 2020 End Year Assessment
(Colombo: Verite Research, 2021-10)
Due to the absence of a budget speech in 2020, the public finance platform tracked 24 cabinet decisions—a combination of expenditure and regulatory policy decisions—made from January to June 2020. The decisions tracked ...
No Confidence Motion Against Speaker - Voting Breakdown
(Manthri.lk, 2024-03-21)
On March 21, 2024, the No Confidence Motion brought against the Speaker of Parliament, Mahinda Yapa Abeywardana, was defeated, by a margin of 42 votes. The following compilation of infographics reflects the list of MPs ...
Dr. P.K.G Harishchandra: Reserves
(www.factcheck.lk, 2024-02-29)
PARTLY TRUE: “[…] We've been able to build up reserves to 4.4 billion by the end of last year.”
Assistant Governor Central Bank of Sri Lanka (CBSL) P. K. G. Harischandra, CBSL Monetary Policy Review No. 01 of 2024, 23 ...
Wimal Weerawansa: Income and Wealth Inequality
(www.factcheck.lk, 2024-03-07)
PARTLY TRUE: The wealthiest 1% in Sri Lanka enjoy 31% of the national income. Similarly, the 10% at the highest stratum of society, inclusive of that 1%, enjoy 64% of the national income […]. After that, the 50% at the ...
Sri Lanka’s Imports Were 4% Higher in 2021 When Compared to 2019
(Colombo: Verite Research, 2022-03-03)
Sri Lanka’s Imports have grown by 4%, (USD 700 Million) from 2019 to 2021. One of the main contributors for this growth is the increase in the Medical and Pharmaceuticals imports by 60% which amounts to USD 330 Million. ...
How much Does Sri Lanka Allocate for the Defense Sector ?
(Colombo: Verite Research, 2022-02-03)
The allocation for the Ministry of Defense is significantly higher than the allocation for Ministry of Health over the years in Sri Lanka. Over the last two years allocation for Ministry Defense has been more than doubled. ...
Sri Lanka Has The Highest Inflation Amongst South Asia Peers
(Colombo: Verite Research, 2022-04-26)
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other ...
Sri Lanka’s Short-Term Outflows Exceed Usable Reserves
(Colombo: Verite Research, 2022-02-15)
Sri Lanka’s gross official reserves have been consistently declining since June 2019 and as of January 2022, usable foreign exchange reserves stand at USD 792 Mn, while the twelve-month outflows at end of 2021 stand at USD ...
Shrinking Tax Base Increases Tax Burden on Existing Taxpayers
(Colombo: Verite Research, 2022-03-30)
The income tax per person is calculated as the total government revenue from income tax (including PAYE) divided by the total registered taxpayers for income tax which includes Individual Tax Payers and Employees paying ...
Is the Pandemic the Sole Cause for the Depletion in Sri Lanka’s Foreign Reserves?
(Colombo: Verite Research, 2022-03-10)
Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with Sri Lanka’s regional peers during the pandemic, the decline in its reserves appears to only have ...