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 [203]
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Public Seminars [11]
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Research Reports [76]
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Petrol Market Price vs. Formula Price in December 2025
(Colombo: Verité Research, 2025-12-08)Fuel price update The market price of petrol 92 remained unchanged while the formula price shot up by LKR 6.71, widening the gap between the two to LKR 7.96. This is the largest gap between the two prices in an ... -
Petrol and Diesel Market Price vs. Formula Price in November 2025
(Colombo: Verité Research, 2025-11-04)On 01 November 2025, the market price of Octane 92 Petrol reduced to LKR 294 from LKR 299 at the start of October, while the market price of Auto Diesel remained unchanged at LKR 277. Over that period, the prices computed ... -
Petrol and Diesel Market Price vs. Formula Price in October 2025
(Colombo: Verité Research, 2025-10-03)On 01 October 2025, the market price of Octane 92 Petrol remained unchanged at LKR 299.00, while the market price of Auto Diesel had reduced to LKR 277.00 from the LKR 283.00 price at the start of September. Over that ... -
Petrol and Diesel Market Price vs. Formula Price in August 2025
(Colombo: Verité Research, 2025-08-01)Fuel prices remained unchanged in August 2025, with the market price of Octane 92 Petrol at LKR 305.00 and Auto Diesel at LKR 289.00. However, the formula price for petrol fell to LKR 296.10 from LKR 301.12 in July, while ... -
Petrol and Diesel Market Price vs. Formula Price in September 2025
(Colombo: Verité Research, 2025-09-02)Fuel prices reduced in September 2025, with the market price of Octane 92 Petrol falling to LKR 299.00 from LKR 305.00 in August, and Auto Diesel declining to LKR 283.00 from LKR 289.00 in the same time frame. However, the ... -
Budget 2026: Disclosure in line with the professional standards expected in Public Financial Management Act?
(Colombo: Verité Research, 2026-02-05)The 2026 Budget, presented on 7 November 2025 by President Anura Kumara Dissanayake, is the first full-year budget prepared under the Public Financial Management Act No. 44 of 2024 (PFM Act). That status matters. The PFM ... -
State of the Budget 2026
(Colombo: Verité Research, 2026-01)This 5th edition of the State of the Budget by Verité Research provides an independent analysis of the National Budget for 2026 presented to the Parliament of Sri Lanka on 7 November 2025. It evaluates the budget’s financial, ... -
Gearing up for Budget 2026
(Colombo: Verité Research, 2025-09-26)Sri Lanka has lacked effective and convenient channels for public participation in the budget process. In the Open Budget Survey 2023, Sri Lanka had the lowest participation score in a decade and ranked 82nd out of 125 ... -
Sri Lanka in South Asia: 2nd in GDP, 5th in government revenue share
(Colombo: Verité Research, 2025-06-30)Sri Lanka lifted its government revenue to 13.5 per cent of GDP in 2024, the highest level in more than a decade. Yet, it still trails most South Asian neighbours in terms of government revenue. Academic research indicates ... -
Sri Lanka’s Personal Income Taxpayer Base Lags Behind South Asian Peers Despite Recovery
(Colombo: Verité Research, 2025-08-15)The number of people registered for personal income tax (taxpayer base) in Sri Lanka recovered in 2024 to the high levels seen in 2019. However, despite this rebound, Sri Lanka still lags behind its regional peers. In ... -
Budget 2026: LKR 500 Bn Supplementary Allocation for Cyclone Ditwah Recovery Narrows Fiscal Space
(Colombo: Verité Research, 2026-01-12)On 19 December 2025, the Sri Lankan Parliament approved a supplementary allocation of LKR 500 billion (approximately USD 1.6 billion) to fund recovery efforts following the devastation caused by Cyclone Ditwah. However, ... -
2024 Budget Proposal Progress: Majority of the Proposals With Less Than 80% Financial Utilisation
(Colombo: Verité Research, 2025-11-03)In November 2023, the then Finance Minister, President Ranil Wickremesinghe, presented 50 expenditure budget proposals with a value of LKR 212,740 million to Parliament. Of these, 24 proposals worth over LKR 500 million ... -
Sri Lanka’s Budget Deficit Halved as Revenue Climbed up and Capex fell
(Colombo: Verité Research, 2025-10-24)Sri Lanka’s fiscal performance improved significantly during the first eight months of 2025. The budget deficit was reduced by more than fifty per cent compared to the same period last year, as increased revenue growth ... -
Budget 2026: Parliament and the Public Deprived of Real Numbers
(Colombo: Verité Research, 2025-12-12)Sri Lanka’s Constitution grants Parliament full control over public finances, exercised primarily through the debate and approval of the annual budget. In practice, however, the public finance and budgeting system has long ... -
Appropriation Bill 2026: Overall Summary and Ministry Allocations
(Colombo: Verité Research, 2025-10-14)The Appropriation Bill for 2026 sets government expenditure (excluding capital repayments) at LKR 7,128 billion. For 2026, the First Schedule allocates LKR 4,434 billion for non-debt-servicing: LKR 3,028 billion for recurrent ... -
Looking beyond the Economic Transformation Bill: Three Steps Sri Lanka Can Take to Increase the Supply of High-Quality Investment Zones
(Colombo: Verité Research, 2024-07)This note proposes three steps Sri Lanka could take to construct and manage high quality Investment Zones, drawing from regional and global best practices. First, is enacting a separate, overarching legislation to ... -
Revised Fuel Price Formula – Methodology Update
(Colombo: Verité Research, 2025-01)This document explains the updated methodology adopted by PublicFinance.lk for calculating fuel prices in Sri Lanka. It outlines the changes made to the original 2018 IMF-assisted fuel price formula used by the Ministry ... -
Youth Labour Market Assessment: Sri Lanka - 2018
(Colombo: Verité Research, 2018)The 2018 Youth Labour Market Assessment builds on the groundwork laid down in the preceding year and provides information and guidance for project interventions. With this objective in mind, researchers engaged in a variety ... -
Weekly Air quality update: Week ending 02 August 2025
(2025-08-02)This infographic displays the air quality in the cities of Badulla, Colombo 07, Puttalam, Pelawatte, Monaragala, Maharagama, Kiribathgoda and Kandy cities for the week of July 27 to August 2, 2025. It was developed under ... -
Petrol and Diesel Market Price vs. Formula Price in June 2025
(Colombo: Verité Research, 2025-06-04)Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of ...
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