Browsing Econ by Title
Now showing items 153-172 of 326
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Natural Disaster Insurance Coverage
(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
(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
(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
(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 ... -
Only 11 out of 52 SOEs have Published Financial Data up to 2022!
(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)
(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
(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
(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, ... -
Organic Fertiliser Transition in Sri Lanka: Farmers Were Providing an Early Warning of a Food Shortage = ශ්රී ලංකාව කාබනික පොහොර වෙතට මාරු වීමට දැරූ ප්රයත්නය: ගොවීන්ගෙන් ආහාර හිඟයක් පිළිබඳ පූර්ව අනතුරු ඇඟවීමක්
(Verité Research, 2021-09)Sri Lanka introduced a ban on chemical fertiliser importation, and a shift to organic fertiliser starting April 2021. As existing stocks were beginning to deplete Verité Research conducted a survey in July to capture the ... -
Over Estimation of Social Security Contribution
(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
(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)
(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
(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
(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
(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
(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 January
(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
(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 ... -
Petrol and Diesel Market Price vs. Formula Price in March 2025
(Colombo: Verité Research, 2025-03-05)Since December 2024, the market prices of 92-octane petrol and auto diesel have remained at LKR 309 and LKR 286 per litre, respectively, despite fluctuations in formula prices between January 2025 and March 2025. According ... -
Petrol and Diesel Market Price vs. Formula Price in May 2025
(Colombo: Verité Research, 2025-05-03)In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive ...