Browsing Econ by Author "Econ Team"

Now showing items 21-40 of 110

    • Expenditure on the Education Sector : Regional Comparison 

      Econ Team (2022-01-24)
      The UN has dedicated the 24th of January as the International Day of Education in celebration of the role of education for peace and development. Sri Lankas’ Education Expenditure has been lagging behind regional peers. ...

    • Expenditure Proposals from the 2023 Budget 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-15)
      The infographics contain some of the key expenditure proposals presented in the 2023 Budget.

    • Expenditure Proposals: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      The highest expenditure proposal from the 2024 Budget amounted to LKR 11,250 million for a decentralized budget programme. The list of infographics displays the highest expenditure proposals from the 2024 Budget.

    • Financing of the Budget Deficit, 2010 to 2022 

      Public Finance Infographics;
      Econ Team       (2021-11-23)
      The following infographic depicts the financing of the budget deficit from 2010 to 2022 estimates as presented in the 2022 budget.

    • Fiscal Targets: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      Projections in Budget 2024 expect revenue to be 13.1% of GDP in 2024.

    • Foregoing Competition to Secure Funding for Public Infrastructure: One third of funding secured was non-concessional 

      Econ Team; Legal Team (Colombo: Verité Research, 2023-07-04)
      In 2010, Sri Lanka established a unique framework, overseen by the Standing Cabinet Appointed Review Committee (SCARC), to handle unsolicited proposals (USPs) for public infrastructure funding. These USPs inherently bypass ...

    • Gazetted Taxes are 4.3ppt to 15.4ppt of Income Higher than Proposals Affirmed in the Interim Budget 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-10-24)
      The infographics provide details on how the recent personal income tax changes will affect the amount of personal income tax paid by an individual.

    • Government Revenue Loss due to the Sugar Tax Cut 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-03-07)
      The Special Commodity Levy (SCL) on imported sugar was reduced from LKR 50/kg to LKR 0.25/kg on the 13th of October 2020. This was intended to reduce the price of sugar in the domestic market. The cumulative loss of ...

    • The Government Spent Only 10.6% of The Itukama COVID-19 Fund Balance 

      Public Finance Infographics;
      Econ Team       (2022-01-10)
      On the 23rd of March 2020, President Gotabaya Rajapaksha initiated the “Itukama” COVID-19 Healthcare and Social Security Fund. The fund’s purpose was to “strengthen the mitigation activities aimed at controlling the spread ...

    • Highlights from the Appropriation Bill for 2023 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-02)
      The Appropriation Bill for 2023 was presented to Parliament on the 18th of October, ahead of the budget speech in November. The Appropriation Bill shows that there is a 26% increase in expenditure planned for 2023, while ...

    • Highlights from the Appropriation Bill for 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-06)
      The Appropriation Bill shows that there is a 12% increase in expenditure planned for 2024. Interest payments alone remain more than one-third of total spending in 2024, reflecting an increase of 20% from 2023.

    • How Committed was the Sri Lankan Government to Implementing its Crisis-Response Policies 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-03-17)
      This set of infographics depict the government's response to the economic crisis in Sri Lanka. 15 cabinet decisions and parliamentary proposals were tracked that focused on health, agriculture and fuel. Of the total, ...

    • How did Sri Lanka Finance Government Expenditure in 2022? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-05-15)
      Total government expenditure for the year 2022 amounted to LKR 4,472 billion. Out of which total revenue and grants could only cover 45% of spending while the remaining 55% was financed via borrowings.

    • How Long Did Sri Lanka Take to Secure its Board Level Agreement 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-03-21)
      Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this ...

    • How much Does Sri Lanka Allocate for the Defense Sector ? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-02-03)
      The allocation for the Ministry of Defense is significantly higher than the allocation for Ministry of Health over the years in Sri Lanka. Over the last two years allocation for Ministry Defense has been more than doubled. ...

    • The IDC is Advocating for more Accountability from Private Lenders to Ease the Debt Burden of Developing Nations 

      Econ Team (Colombo: Verite Research, 2023-03-15)
      The International Development Committee is advocating for mandatory participation of private creditors in debt relief schemes for impoverished nations. Developing nations have accrued higher debts than before to private ...

    • IMF Programme Progress 

      Econ Team (Colombo: Verite Research, 2023-05-18)
      The infographic covers three points; 1) the IMF analysis projects a decline in Sri Lankas debt to GDP; 2) effective interests rates to decline; and 3) progress on IMF commitments.

    • IMF programme’s transparency falls to lowest point in September 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-19)
      The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably ...

    • IMF Tracker Update: December 2023 

      Econ Team (2024-01)
      The International Monetary Fund (IMF) has published its evaluation of Sri Lanka’s performance in the first phase or ‘first term’ of the ongoing Extended Fund Facility (EFF) programme, which commenced in March 2023. Verité ...

    • IMF Tracker Update: February 2024 

      Econ Team (Colombo: Verite Research, 2024-03)
      Sri Lanka verifiably failed to meet 33% of the commitments due by end-February 2024 in its International Monetary Fund (IMF) programme, according to the February update of Verité Research’s ‘IMF Tracker’. Many of these ...