Econ
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This collection contains all research outputs of Econ Team i.e. Articles; Policy Notes; Public Seminars; Research Reports.
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Articles [27]
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Infographics [178]
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Public Seminars [8]
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Research Reports [75]
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Infrastructure: Key NPP manifesto promises
(Colombo: Verité Research, 2025-02-14)The NPP's 2024 Presidential Election manifesto outlines new promises to improve infrastructure development in key sectors, including transportation, telecommunications, postal services, power and energy, and ports, shipping, ... -
Defense and public security: Key NPP manifesto promises
(Colombo: Verité Research, 2025-02-14)The NPP's 2024 Presidential Election manifesto proposes several new promises to improve defense sector; - A programme to provide housing to police officers who do not own a house - Raising the salaries and allowances ... -
Agriculture: Key NPP manifesto promises
(Colombo: Verité Research, 2025-02-13)The NPP Presidential Election manifesto for 2024 outlines several new promises to address the existing challenges in the agricultural sector, including low production efficiency, high costs, and the decline of key export ... -
Health: Key NPP manifesto promises
(Colombo: Verité Research, 2025-02-13)The manifesto stresses the need for accessible, high-quality healthcare services for all citizens without financial hardship. To meet global standards and improve Sri Lanka's health system, substantial reforms are proposed, ... -
Social welfare: Key NPP manifesto promises
(Colombo: Verité Research, 2025-02-12)The NPP Presidential Election manifesto for 2024 outlines various promises to support vulnerable groups in Sri Lanka. The focus appears to be on improving the welfare of low-income families, people with disabilities, senior ... -
Education: Key NPP manifesto promises
(Colombo: Verité Research, 2025-02-11)There were several new promises made by the president in his manifesto to solve the existing issues (such as high dropout rates, inequality and affordability) in the education sector and for its development. Many of ... -
Government introduces new expenditure and relief through supplementary budget
(Colombo: Verité Research, 2024-12-23)On 05 December 2024, the government presented supplementary estimates totaling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address ... -
Appropriation Bill 2025: Ministerial allocations
(Colombo: Verité Research, 2025-01-07)The Appropriation Bill for 2025, presented to Parliament on 9 January 2025, allocates funds for government spending for the full year of 2025 – following the Vote on Account which only allocated funds for the first 4 months ... -
2025 Vote on Account: Revenue and expenditure - Revenue increase is less than the increase in primary expenditure
(Colombo: Verité Research, 2024-12-13)On 6 December, Parliament approved the 2025 Vote on Account, allocating funds for the first four months of the year. For January to April 2025, primary expenditure—which includes both recurring and capital spending but ... -
Vote on Account 2025: Which ministries got the highest allocations?
(Colombo: Verité Research, 2024-12-12)On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil ... -
Maldives' primary deficit woes
(Colombo: Verité Research, 2025-01-20)The Maldives’ primary deficit has increased since 2020, raising concerns about the country’s debt sustainability. This contrasts with Sri Lanka, where the primary deficit also increased but recovered, following its suspension ... -
Public debt growth slows
(Colombo: Verité Research, 2024)Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign debt increased, the growth was notably lower than in the previous year. -
Budget Promises: 2023 End Year Assessment - Infographics
(Colombo: Verite Research, 2024-06)For the end-year assessment of the 2023 budget, the top 25 expenditure proposals, worth LKR 49.3 billion, along with seven regulatory proposals, were tracked. The proposals were categorized into five groups based on their ... -
Maldives Trend of Declining Reserves - Risks SL-Like Situation in the Next 2 Years
(Colombo: Verité Research, 2024-12-05)The external reserves of the Maldives have been on a declining trend since June 2020. At that time, the gross reserves held by the Maldives Monetary Authority amounted to USD 702.5 million, sufficient to finance 5.2 months ... -
Petrol and Diesel Market Price vs. Formula Price in January
(Colombo: Verité Research, 2025-01-29)On 01 January 2025, the market prices of 92-octane petrol and auto diesel remained unchanged. However, the Public Finance Fuel Price Tracker indicates that both fuel types continue to be priced above their respective formula ... -
Balancing India and China: A Case Study of Sri Lanka
(Verité Research, 2024-12-31)Sri Lanka’s strategic location in the Indian Ocean has placed it at the center of intensifying geopolitical competition and rivalry between China and India. This report examines Sri Lanka’s experience in balancing its own ... -
High tax rate, low tax revenue: Sri Lanka’s corporate income tax (CIT) rate was among South Asia's highest but CIT revenue was among the lowest
(Colombo: Verité Research, 2024-11-29)Sri Lanka's Corporate Income Tax (CIT) collection is notably lower than other South Asian countries, despite having a higher tax rate. In 2023, Sri Lanka’s CIT revenue was 2.0% of GDP, with a CIT rate of 30%. In contrast, ... -
Tax policy proposals announced by the president on 18 Dec 2024
(Colombo: Verité Research, 2024-12-19)In his parliamentary speech on December 18, 2024, the President announced key tax policy changes: Personal Income Tax (PIT): The tax-free threshold will be increased from LKR 100,000 to LKR 150,000. Personal Income ... -
How is the election budget spent? Half the cost in 2020 was voted to pay the workforce
(Colombo: Verité Research, 2024-11-12)The General Election is approaching, and the government expects to spend LKR 11 billion. This includes LKR 5 billion from the consolidated fund for 2024, with the remaining LKR 6 billion to be charged in next year's budget. ... -
வரவு செலவுத் திட்ட வெளிப்படைத்தன்மை - 125 நாடுகளில் இலங்கை 80 வது இடத்தில் உள்ளது
(Colombo: Verité Research, 2024-07-31)The Open Budget Survey (OBS) is the world’s only independent, comparative, and fact-based research instrument that uses internationally accepted criteria to assess public access to central government budget information, ...
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