Browsing Econ by Title

Now showing items 7-26 of 333

    • Accepting e-documents with e-signatures: A small step for government, a giant leap for the country 

      Perera, Buddhika; Abeysinghe, Subhashini; Esufally, Sabrina; Kapilan, Anushan (Colombo: Verité Research, 2017-02)
      The room for exporters to improve their competitiveness by reducing time to export is significantly constrained by the procedures and processing time imposed by Sri Lankan border agencies. Sri Lanka can improve the ...

    • 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 ...

    • Agriculture: Key NPP manifesto promises 

      Public Finance Infographics;
      Econ Team       (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 ...

    • The Alternatives to Universal Tax Registration in Sri Lanka 

      Background Note;No.04
      de Mel, Nishan; Moore, Mick       (Colombo: Verite Research, 2023-02)
      This note argues that the Sri Lankan government’s recent proposal to implement universal tax registration is neither a viable nor effective strategy to increase the country’s tax revenue. Instead, the note proposes four ...

    • 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 ...

    • Analysis of Sri Lanka's improved position in the 'Doing Business Index' 2012 

      Econ Team (Colombo: Verité Research, 2011-11-01)
      The World Bank’s ‘Doing Business Index’ measures the ease with which domestic small and medium sized enterprises can do business in their home countries. Between 2011 and 2012, Sri Lanka’s rank in the Doing Business Index ...

    • Another Export Target Destined to Be Missed? 

      Abeysinghe, Subhashini; Arangala, Mathisha (Colombo: Daily Mirror, 2023-08-03)
      In a recent statement, Sri Lanka's Export Development Board (EDB) announced plans to secure USD 31.3 billion revenue from total exports (both goods and services) by 2027. The EDB expects to double goods export revenue from ...

    • Appropriation Bill 2025: Ministerial allocations 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Appropriation Bill 2026: Overall Summary and Ministry Allocations 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Average Time Taken to Restructure Debt 

      Public Finance Infographics;
      Econ Team       (2022-06)
      A country resorts to debt restructuring when its public debt is unsustainable. Debt restructuring involves a substantive default on existing debt contracts. This can occur through an orderly or disorderly process. An orderly ...

    • Backwards in Blacklisting: Enabling Corruption in Procurement 

      Abeysinghe, Subhashini (Colombo: Daily Mirror, 2023-11-23)
      Failure to tackle corruption is a key factor that contributed to the economic crisis the country is faced with today. Taking concrete steps to reduce corruption, therefore, is critical to recover from the current crisis ...

    • Balancing India and China: A Case Study of Sri Lanka 

      Abeysinghe, Subhashini; Arangala, Mathisha; Siriwardena, Dilushi; Meegoda, Malinda (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 ...

    • Benefits of Adopting Measures to Facilitate Trade: A Case Study on Forest Permits for Exporting Horticultural Products 

      Research Brief;September 2024
      Econ Team       (Colombo: Verité Research, 2024-09)
      Governments often mandate that traders secure permits before importing or exporting certain products to fulfill objectives such as protecting endangered species, endemic flora, and ensuring consumer safety. The time, cost, ...

    • The Best Next Step for Improving Tax Collection 

      Siyambalapitiya, Sumini (Colombo: Daily Mirror, 2023-07-21)
      In 2021, the country’s tax revenue as a share of gross domestic product (GDP)reached its lowest level since 1959 – dropping to just 8%. Increasing tax-to-GDP ratio is one of the most important measures of Sri Lanka’s ability ...

    • Bloomberg Markets Predicts LKR's Possible Depreciation Against USD 

      Econ Team (Colombo: Verite Research, 2023-06-02)
      Bloomberg reported that the Sri Lankan rupee may deteriorate as a result of upcoming debt repayments. In March 2023 Verite Research took the view that greater volatility in exchange rates increases uncertainty and risk for ...

    • Budget 2025 - Key Expenditure Proposals 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-02-25)
      On 17 February, President Anura Kumara Dissanayake delivered his first budget speech for the 2025 fiscal year. Among the expenditure proposals outlined in the budget, the largest is the salary increase for government ...

    • Budget 2026: Disclosure in line with the professional standards expected in Public Financial Management Act? 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Budget 2026: LKR 500 Bn Supplementary Allocation for Cyclone Ditwah Recovery Narrows Fiscal Space 

      Public Finance Infographics;
      Econ Team       (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, ...

    • Budget 2026: Parliament and the Public Deprived of Real Numbers 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Budget Allocation Criteria Study 

      UNICEF Sri Lanka Working Paper;June 2023
      Abeysinghe, Subhashini; Senanayake, Charini; Haniffa, Hafsa; Ansar, Siyama       (Colombo: United Nations Children's Fund, 2023-06-21)
      The Budget Allocation Criteria report aims to enhance the understanding of the criteria that determine the allocation of funds from the national budget to selected sectors and provinces in Sri Lanka. The report provides ...