Browsing Econ by Title

Now showing items 171-190 of 367

    • Natural Disaster Insurance Coverage : Solving the Lethargy on Language Policy Will Help SMEs Island-wide 

      Fernando, Sachintha; Jayasekera, Vinura (Colombo: Verité Research, 2018-04)
      Despite an increasing number of natural disasters in recent years, Sri Lanka suffers from a limited uptake of natural disaster insurance coverage. Sri Lanka’s small and medium enterprises (SMEs) are especially vulnerable ...

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

      Briefing Note; February 2021
      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 ...

    • The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka 

      Peiris, Udara (Colombo: DailyFT, Colombo: Daily Mirror, Online: International Banker, 2023-04-27)
      The recent sovereign default of Sri Lanka has once again brought attention to the effectiveness of the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) approach. This programmes provides loans of short ...

    • Northern Provincial Council: Citizens Budget 2022 

      Verité Research; UNICEF (Colombo: UNICEF, 2022)
      The citizens' budget was essentially a simpler, shorter, and less technical version of the government's budget that was specifically designed after crucial consultation with the public and civil society to present key ...

    • A Novel Governance - Linked Bond : As a Pareto Improving Instrument for Debt Restructuring 

      Working Paper; June 2024 - 01
      de Mel, Nishan; Rajakulendran, Raj       (Colombo: Verité Research, 2024-06)
      This working paper outlines the technical and incentive dynamics for a proposed new sovereign debt instrument designed for countries with high country risk premiums, where this risk is, ceteris paribus, correlated with the ...

    • Only 11 out of 52 SOEs have Published Financial Data up to 2022! 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-13)
      Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s ...

    • Open Budget Survey 2019 (Presentation) 

      Jayasinghe, Lahiri (Colombo: Verité Research, 2020-06-04)
      Government budget decisions—what taxes to levy, what services to provide, and how much debt to take on—affect how equal a society is and the well being of its people, including whether the most disadvantaged will have real ...

    • 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, ...

    • Opening up Trade Data: The Benefits to Sri Lanka 

      Abeysinghe, Subhashini; Arangala, Mathisha (Colombo: Verité Research, 2020-06)
      International trade data are the foundational basis when formulating trade policies and assessing their impacts. Trade data is vital for firms engaging in international trade to make sound business decisions. Unfortunately, ...

    • Opportunities to Protect Public Interest in Public Infrastructure: Review of Regulatory Frameworks in Sri Lanka 

      Economics Team; Legal Team (Colombo: Verité Research, 2021-02)
      Investment into infrastructure is vital for development. However, in the context of weak governance, public investment into large and complex infrastructure can become a fertile ground for corruption and results in ...

    • Over Estimation of Social Security Contribution 

      Public Finance Infographics;
      Econ Team       (2021-12-10)
      Budget 2022 proposed a Social Security Contribution (SSC) tax to rebuild the Sri Lankas Economy from the COVID- 19 pandemic. SSC is charged at 2.5% on an annual turnover exceeding LKR 120 million. This tax is proposed to ...

    • Ownership of Sri Lanka’s Outstanding Foreign Debt in 2020 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-02-15)
      Sri Lanka owes approximately 40% of its total central government debt to foreign creditors in the form of bilateral debt, multilateral debt and financial markets. The infographic shows the distribution of ownership of the ...

    • Parliament Learning Workshop for Civil Society Organizations – 2024 (Presentation) 

      Parliamentary Research Team (Colombo: Verité Research, 2024-07)
      The presentations used by Verité Research at two parliamentary engagement workshops for Civil Society Organizations provide a comprehensive overview of key topics. These include why and how to engage with parliament, the ...

    • Personal Income Tax (PIT): SL has the highest income tax rate at a lower income level in South Asia 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024)
      Sri Lanka imposes its highest tax rate at a relatively lower income threshold compared to other South Asian countries. Individuals earning over LKR 308,333 per month are subject to a steep 36% tax rate, making Sri Lanka ...

    • Personal Income Tax (PIT): SL has the highest level of income with zero tax in South Asia 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024)
      Sri Lanka has the highest tax-free income threshold in South Asia – without the Maldives. Citizens are exempt from paying income tax unless they earn over LKR 1.2 million annually (LKR 100,000 per month). In comparison, ...

    • Personal income tax (PIT): SL’s tax burden is less at lower incomes but more at high incomes compared to South Asia 

      Econ Team (Colombo: Verite Research, 2024)
      Sri Lanka's personal income tax burden varies significantly between lower and higher income levels. At lower incomes, particularly for those earning below LKR 250,000 per month, the tax burden—measured as the percentage ...

    • Petrol and Diesel Market Price vs. Formula Price in April 2025 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-04-02)
      In April 2025, the market price of Petrol 92 Octane reduced by LKR 10 aligning itself to the reduction in the cost reflective formula price. The price of Auto Diesel, however, did not reduce even though the formula price ...

    • Petrol and Diesel Market Price vs. Formula Price in August 2025 

      Public Finance Infographics;
      Econ Team       (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 January 2025 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Petrol and Diesel Market Price vs. Formula Price in June 2025 

      Public Finance Infographics;
      Econ Team       (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 ...