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Charting a Path for Debt Sustainability in Sri Lanka
(Colombo: Verité Research, 2021-10)
The published information on debt underestimates Sri Lanka’s overall external public debt burden and its distribution amongst external lenders. This problem arises because Sri Lanka’s reporting of external debt is limited ...
Ceylon Petroleum Corporation: What drives the losses?
(Verité Research, 2021-09)
Ceylon Petroleum Corporation (CPC) is the state-owned enterprise in Sri Lanka with the largest accumulated losses – estimated at LKR 335 billion as of 2020. The analysis finds that the CPC sells fuel at prices higher ...