Research Outputs: Recent submissions

Now showing items 421-440 of 2176

    • Share of Foreign debt has increased to 47% of total debt by April 2022​ 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-16)
      Foreign debt as a percentage of total outstanding government debt increased from 37% at the end of 2021 to 47% in the first quarter of 2022. On average for the past decade domestic debt has accounted for 56% and foreign ...

    • Tax on Sanitary Napkins 

      Hafsa, Haniffa (Verité Research, 2022-07-20)
      On the 31st of May 2022 the general customs duty on sanitary napkins were removed and VAT rate was increased from 8% to 12%. The revision resulted in the total tax rate on sanitary napkins falling to 42.8% from 53.6%. ...

    • Total SOE Losses in the first four months of 2022 Outweigh Annual Losses in 2021 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-09)
      During the first four months of 2022 the cumulative loss of State-Owned Enterprises (SOEs) amounted to LKR 860 BN. This figure outweighs the annual loss of SOEs in 2021. The top 3 contributors to the increase of the loss ...

    • How did the government finance its expenditures in 2021? 

      Ishini, Randeniya (Verité Research, 2022-07-06)
      The infographics provides details on government expenditure and the ways in which it was financed in 2021.​

    • Government Expenditure from 2012-2021 

      Ravindu, De Silva (Verité Research, 2022-07-26)
      Government Expenditure increased by 126% over the past decade. Expenditure increase by LKR 59 BN in 2021.

    • Government Revenue and Grants Over The Past Decade​ 

      Ravindu, De Silva (Verité Research, 2022-07-12)
      Revenue and Grants declined by LKR 91 BN from 2020 to 2021.​

    • Amendments to the Appropriation Bill Increases Government Expenditure for 2022 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-04)
      The Amendment to the Appropriation Bill for 2022 was presented to Parliament ahead of the interim budget speech. The amended bill shows a 20% increase in expenditure to LKR 4,672 billion for the year 2022 which could widen ...

    • Sri Lanka’s Annual Average Sovereign Foreign Debt Repayments Amount to USD 4.4 bn from 2022 to 2027 

      Ravindu, De Silva (Verité Research, 2022-09-21)
      Sri Lanka's revenue has been insufficient to cover its recurrent expenditure since 1983. The gap between recurrent expenditure and capital expenditure in the country continues to grow, proving to be difficult to reduce, ...

    • Farmers' Pulse Survey July 2021 - Infographics 

      Econ, Team (Verité Research, 2021-08-25)
      These infographics are based on the 7 key findings of the Farmers’ Pulse survey July, 2021. In April 2021 President Gotabaya Rajapaksa announced a ban on the importation of chemical fertiliser in Sri Lanka. Accordingly, ...

    • Addressing the Gender Gap in Sri Lanka's budget 

      Raji, Yasmin; Samarasinha, Dharini (Colombo Verité Research, 2022-07)
      These infographics highlight the failure of the Sri Lankan government in implementing gender responsive budgeting in Sri Lanka. The case of gender KPIs provides a detailed case study of how poor planning of government ...

    • Sri Lanka: Resolution 30/1 Implementation Monitor: Statistical and Analytical Review No. 8 (Infographics) 

      Statistical and Analytical Review;No. 8
      Legal Team       (Colombo: Verite Research, 2023-09-09)
      Contained within this collection are 27 infographics represented in English, Sinhala, and Tamil languages, showcasing Verité Research's most recent study on the Sri Lankan government's efforts to meet the obligations ...

    • Desk Research on Alcohol Taxation in Sri Lanka 

      Yasmin, Raji; Thashiya, Nauki; Nishan, de Mel (Verité Research, 2022-05)
      This research report is the end product of a desk-based study on alcohol manufacturers in Sri Lanka, their market share, nature of alcohol taxation and policies and the benefits of such alcohol taxation in the country.

    • Open Budget Survey 2021 in Context: South Asia 

      Yasmin, Raji; Udahiruni, Atapattu; Hafsa, Haniffa; Deshal, de Mel (Colombo: Verité Research, 2022-02)
      In an effort to make the Open Budget Survey (OBS) better reflect the views of their civil society partners and respond to requests by stakeholders, including development partners, IBP commissioned a set of regional briefs, ...

    • Charting a Path for Debt Sustainability in Sri Lanka 

      Working Paper;October 2021 - 01
      Anushan, Kapilan; Nishan, de Mel; Deshal, de Mel       (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 ...

    • Tourism Could Not Have Solved Sri Lanka’s Foreign Exchange Crisis 

      Verité Insights;Vol. 10, No. 03
      Raj Prabu, Rajakulendran       (Colombo: Verité Research, 2021-09)
      A key debate during Sri Lanka’s economic crisis is whether the current dollar shortage is a short-term liquidity problem or a more protracted and systemic issue that requires debt reduction. This insight responds to the ...

    • Navigating Sri Lanka's Debt: Better Reporting Can Help – A Case Study on China Debt 

      Nishan, de Mel; Subhashini, Abeysinghe; Mathisha, Arangala (Colombo: Verité Research, 2021-02)
      This brief shows that the failure to factor external debt outside central government agencies leads to an underestimation of Sri Lanka’s debt. This underlying informational problem is illustrated in three sections. The ...

    • Parliamentary report card: Sajith Premadasa - September 2015 to February 2020 and August 2020 to February 2023 

      Parliamentary Research Team (Manthri.lk, 2023-05-16)
      On 16 May 2023, the Working Committee of the SJB unanimously decided to name the current Leader of the Opposition Sajith Premadasa as the party's next presidential candidate. Manthri.lk looked at Premadasa's performance ...

    • Changes in Tax Structure Leads to Shrinking Tax Base across Various Taxes 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-06)
      Sri Lanka experienced a significant change in its tax system for the year 2020. These changes have led to a considerable shrinking in Sri Lanka’s tax base across various taxes. A narrow tax base increases tax administration ...

    • Flow of External Loans to Sri Lanka 

      Raj Prabu, Rajakulendran (Verité Research, 2022-09-14)
      For the past five years (2017-2021) China has been the largest bilateral lender to Sri Lanka. In 2021, China disbursed a total of USD 947 MN, out of which USD 809 MN was obtained as market borrowings from the China Development ...

    • Government Deficit Has Decreased By Rs. 32 Billion from the Years 2020 to 2021 

      Ravindu, De Silva (2022-09-20)
      The recently released figures for 2021 show that government revenue has fallen from 9.2% of GDP in 2020 to 8.7% of GDP in 2021. Meanwhile, government expenditure has decreased from 23.0% of GDP in 2020 to 21.0% of GDP in ...