Browsing Econ by Title
Now showing items 59-78 of 232
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Gazetted Taxes are 4.3ppt to 15.4ppt of Income Higher than Proposals Affirmed in the Interim Budget
(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. -
The Gender Pay Gap in Sri Lanka: A Statistical Review with Policy Implications
(Colombo: ILO, 2024-04)This report provides the first in-depth quantitative and qualitative analysis of the gender pay gap in Sri Lanka with the intention to unveil not just the extent of the gender pay gap, but the nature of the gender pay gap ... -
Gender Responsive Budgeting: Evaluating Key Performance Indicators
(Colombo: Verité Research, 2021-07-01)Sri Lanka’s performance in enhancing gender equality has consistently remained poor in the past decade. A previous analysis by Verité Research showed that Sri Lanka’s declining rank on the Global Gender Gap Index (GGGI) ... -
Gender-Responsive Budgeting: Evaluating Key Performance Indicators July 2022
(Colombo: Verité Research, 2022-07)This report highlights the failure of the Sri Lankan government in implementing gender responsive budgeting in Sri Lanka. The case of gender KPIs provides a detailed case study of how poor planning of government policies ... -
Government Deficit Has Decreased By Rs. 32 Billion from the Years 2020 to 2021
(2022-09-20)The recently released figures for 2021 show that government revenue has fallen from 9.2% of GDP in 2020 to 8.7% of GDP in 2021. Meanwhile, government expenditure has decreased from 23.0% of GDP in 2020 to 21.0% of GDP in ... -
Government Expenditure from 2012-2021
(Verité Research, 2022-07-26)Government Expenditure increased by 126% over the past decade. Expenditure increase by LKR 59 BN in 2021. -
Government Revenue and Grants Over The Past Decade
(Verité Research, 2022-07-12)Revenue and Grants declined by LKR 91 BN from 2020 to 2021. -
Government Revenue Loss due to the Sugar Tax Cut
(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
(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
(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
(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
(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?
(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 did the government finance its expenditures in 2021?
(Verité Research, 2022-07-06)The infographics provides details on government expenditure and the ways in which it was financed in 2021. -
How has the Amended (Interim) Budget Changed Allocations for 2022?
(Colombo: Verite Research, 2022-10-05)The infographics contain the difference in allocations between the interim budget and the approved budget in 2022. Defence, health and education saw a rise in approved budget allocations compared to the interim. -
How Long Did Sri Lanka Take to Secure its Board Level Agreement
(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 ?
(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. ... -
How Numbers Can Mislead: Does Retaining the Limit to The Appointment of Cabinet and Other Ministers Solve Administrative Inefficiency?
(2021-01)This article discusses how, besides the obvious financial costs borne by having to maintain large cabinets, the focus on cabinet size alone in constitutional amendments proposed and passed conceals other problematic aspects ... -
The IDC is Advocating for more Accountability from Private Lenders to Ease the Debt Burden of Developing Nations
(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
(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.