Browsing Econ by Title

Now showing items 20-39 of 364

    • Backwards in Blacklisting : Gaps in Sri Lanka’s Procurement Framework Enable Corruption 

      Research Brief; November 2023
      Economics Team, Verité Research       (Colombo: Verité Research, 2023-11)
      This brief critically evaluates Sri Lanka’s public procurement system. It highlights two significant gaps: the legal gap, where procurement guidelines don’t allow for blacklisting contractors/suppliers involved in fraud ...

    • 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 ...

    • Borrowing from Peter to Pay Paul: Measuring the Commercial Debt Burden Created by Concessional Debt 

      Working Paper;April 2025 - 02
      de Mel, Nishan; Rajakulendran, Raj       (Colombo: Verité Research, 2025-02)
      The paper develops an analytical method and metric for evaluating the extent to which a nation’s budget support commercial debt is necessitated by the obligation to repay concessional project loans of the past. This is ...

    • 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: 16% of the proposals have no estimates 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2026-03-12)
      The 2026 State of the Budget report of the Verité Research checks if forecasts are realistic, tax money is used well, documents match, and the PFM Act is followed. Several proposals in Budget 2026 lack expenditure or ...

    • 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 ...

    • Budget Brief: Cycle and Processes - Sri Lanka 2019 

      Sri Lanka Budget Briefs; 2019
      UNICEF; Verité Research       (Colombo: UNICEF, 2020-12)
      This brief on Sri Lanka’s Budget Cycle and Processes informs readers of the various stages, components, policies and procedures within Sri Lanka’s annual budget process. The brief aims to provide the general public and ...

    • Budget Brief: Education Sector - Sri Lanka 2019 

      Sri Lanka Budget Briefs 2019;Education
      UNICEF; Verité Research       (2020-12)
      This brief, on Sri Lanka’s education sector budget and expenditure, informs readers of trends in spending on these services in recent years. The analysis includes underlying policy goals and the functional and regional ...

    • Budget Brief: Health Sector - Sri Lanka 2019 

      Sri Lanka Budget Briefs 2019;Health
      UNICEF; Verité Research       (UNICEF, 2020-12)
      This brief, on Sri Lanka’s health sector budget and expenditure, informs readers of trends in spending on these services in recent years. This analysis includes the underlying policy goals and the functional and regional ...

    • Budget Brief: Water Sanitation and Hygiene (WASH) Sector - Sri Lanka 2019 

      Sri Lanka Budget Briefs 2019;WASH
      UNICEF; Verité Research       (UNICEF, 2020-12)
      This brief, on Sri Lanka’s WASH sector budget and expenditure, informs readers of trends in spending on these services in recent years. The analysis includes underlying policy goals and the functional and regional distribution ...

    • Budget performance 2023 - Expenditure: Limit overshot by LKR 104 billion 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024)
      The Ministry of Finance Annual Report, released on 31st May 2024, shows that in 2023, the Government of Sri Lanka exceeded its total expenditure by LKR 104 billion. The total expenditure budgeted based on the government’s ...

    • Budget Promises: 2021 End Year Assessment Infographics 

      Econ Team (2022)
      For the end year assessment of the 2021 budget, 37 RTI requests were filed to 28 implementing government agencies for information on Expenditure Proposals and Verité filed 12 RTI requests with 9 implementing government ...

    • Budget Promises: 2023 End Year Assessment - Infographics 

      Public Finance Infographics;
      Econ Team       (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 ...