Browsing Econ by Title

Now showing items 159-178 of 310

    • 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 January 

      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 Prices vs. Formula Price in November 

      Econ Team (Colombo: Verité Research, 2024-11)
      Following the monthly fuel price revision on 01 November 2024, the market price of 92 octane petrol and the market price of auto diesel remained unchanged. However, the cost-reflective fuel formula prices for 92 octane ...

    • Petrol and Diesel Market Prices vs. Formula Price in October 

      Econ Team (Colombo: Verite Research, 2024)
      Following the monthly fuel price revision for October, the market price of 92-octane petrol is LKR 10 above the fuel price formula, and the market price of Auto diesel is LKR 22 above the fuel price formula, as shown by ...

    • Petrol and Diesel vs. fuel price formula in July (2024) 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024-07-03)
      Following the monthly fuel price revision for July, the market price of 92-octane petrol is LKR 16.67 above the fuel price formula, and the market price of Auto diesel is LKR 21.68 above the fuel price formula, as shown ...

    • Post-Covid19: Can the Sri Lankan apparel sector benefit from US-China decoupling? A statistical analysis 

      Abeysinghe, Subhashini; Arangala, Mathisha (National Science Foundation, Sri Lanka, 2021)
      The “US-China decoupling” has received much attention with the deterioration of US-China diplomatic and economic ties under the Trump administration. US firms seeking to reduce their reliance on China offers an economic ...

    • Power Cuts in Sri Lanka 2012: A Critical Review 

      Research Bulletin; Vol. 02, No. 03
      de Mel, Nishan; Nathaniel, Vidya       (Colombo: Verité Research, 2012-08)
      This report analyses the explanations provided by the government in announcements regarding scheduled power cuts in 2012. The standard explanations for power cuts were: (i) Unexpectedly high growth in demand; (ii) Shortage ...

    • The Price of Parliament (2022) 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-11)
      In 2022, the most recent year with detailed data, Sri Lanka spent LKR 3,248 million on operating its parliament, amounting to an average of LKR 32.2 million per sitting. This expenditure is divided across the subsections ...

    • Primary and Budget Balances move in opposite directions as interest payments increase! 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-01)
      The Fiscal Management Report 2024 published by the Ministry of Finance, shows that the Primary Balance improved from LKR -317 Bn in 3rd quarter 2022 to a positive LKR 124 Bn in 3rd quarter 2023. The Budget Deficit, however, ...

    • Private Sector Participation in Sri Lanka’s Tertiary Education: A review of information and data 

      Econ Team (Colombo: Verite Research, 2017-11)
      This study presents a review of the topics relevant to the debate on private sector participation in tertiary education. These include: the structure of the tertiary education sector; the legislation underlying the ...

    • The Problem with Procurement 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-04)
      Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparency platform. The online transparency platform was to be operational by March 2023, but the ...

    • Proposed 13% primary expenditure rule for Sri Lanka departs from economic theory and practice 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-07-24)
      The government of Sri Lanka gazetted the Public Financial Management (PFM) Bill to enhance transparency, accountability, and control of public funds. A key provision of the bill is the establishment of a limit on government ...

    • Provincial Council Receipts and Expenditure in 2020 

      Public Finance Infographics;
      Econ Team       (2021-11-02)
      The finance commission makes an annual recommendation on the allocation of funds required to meet the needs of provincial councils to the government. The Western Province has the highest absolute value, and the North Central ...

    • Public debt growth slows 

      Public Finance Infographics;
      Econ Team       (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.

    • Public Debt Increases in Dollar Value While Decreasing in Rupee Value 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-12-19)
      According to recent data published by the Ministry of Finance, public debt in dollar terms fell from USD 97 Bn (end 2021) to USD 85 Bn (end 2022), however rose again to USD 91 Bn by September 2023. The debt stock in ...

    • Public Finance Training for Journalists and Civil Society Organizations - 2023 (Presentation) 

      Sureni, Weerathunga; Siyama, Ansar (2023)
      Verité Research conducted a series of public finance training sessions specifically designed for journalists and Civil Society Organizations (CSOs). The objectives of the training were to improve journalists' and CSOs' ...

    • Public Report on the 2021 Budget - Assessment of the Fiscal, Financial and Economic Assumptions Used in the Budget Estimates 

      Econ Team (Colombo: Verité Research, 2020-11)
      The 2021 budget presented to parliament on 17 November 2020 sets out the government’s proposals for raising public funds through taxation and proposals for expenditure during the year. These proposals form the key components ...