Browsing Econ by Title
Now showing items 11-30 of 273
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Backwards in Blacklisting: Enabling Corruption in Procurement
(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 ... -
Benefits of Adopting Measures to Facilitate Trade: A Case Study on Forest Permits for Exporting Horticultural Products
(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
(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
(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 Allocation Criteria Study
(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
(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
(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
(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
(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
(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: Beyond Parliament - 2020 End Year Assessment
(Colombo: Verite Research, 2021-10)Due to the absence of a budget speech in 2020, the public finance platform tracked 24 cabinet decisions—a combination of expenditure and regulatory policy decisions—made from January to June 2020. The decisions tracked ... -
Calculating the Loss to the EPF From Proposed DDR
(Colombo: Daily Mirror, 2023-07-12)Justice and good decision-making flows in part, from the discipline of public reasoning. The belief in democracy is anchored in the hope of harnessing the power of reasoned decision making that is openly and dialogically ... -
CBSL more Optimistic than the IMF
(Colombo: Verite Research, 2023-06-16)According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) ... -
Challenges Faced by Sri Lankan e-Commerce Providers
(Geneva: CUTS International, 2019-05)This Country Update Note illustrates the perceptions of e-commerce providers in Sri Lanka on the most pressing issues they face when undertaking cross-border trade. The objective is to understand specific barriers they ... -
Change in Tariffs on Monthly Electricity Consumption
(Colombo: Verite Research, 2023-02-23)Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again. For households using less than 60 units, the initial tariffs ... -
Changes in Allocations to Ministries
(Colombo: Verite Research, 2023-10-13)In the Appropriation Bill for 2024, key ministries such as Finance, Defense, Health, Education, Transport, and Highways witness an increase in their allocations. The Ministry of Finance experienced the largest year on ... -
Changes in Tax Structure Leads to Shrinking Tax Base across Various Taxes
(Verité Research, 2022-08-06)Sri Lanka experienced a significant change in its tax system for the year 2020. These changes have led to a considerable shrinking in Sri Lanka’s tax base across various taxes. A narrow tax base increases tax administration ... -
Charting a Path for Debt Sustainability in Sri Lanka
(Colombo: Verité Research, 2021-10)The published information on debt underestimates Sri Lanka’s overall external public debt burden and its distribution amongst external lenders. This problem arises because Sri Lanka’s reporting of external debt is limited ... -
China Endorses Sri Lanka Debt Plan
(Colombo: Verite Research, 2023-03-09)China has given its approval to Sri Lanka's plan to restructure its international debt, clearing the path for a loan via the IMF's Extended Fund Facility (EFF). -
Cigarette Tax Indexation in Budget 2019
(Colombo: Verité Research, 2019-07-17)The presentation discusses the cigarette tax indexation that was implemented by Sri Lanka’s Budget for 2019 (released in March). This indexation solved 2 problems of cigarette tax revisions in Sri Lanka—they were both too ...