Browsing Econ by Title

Now showing items 172-191 of 295

    • A Rational Method for Cabinet Formation in Sri Lanka: A White Paper 

      Verité Research (Colombo: Verité Research, 2020-08)
      Ministries are the overarching bodies that house relevant government bodies such as departments and authorities in charge of a particular subject area. They are responsible for the formulation and approval of national level ...

    • Reallocation of Funds Can Help Finance an Election 

      Public Finance Infographics;
      Econ Team       (2022-06)
      The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects ...

    • Reducing Domestic Barriers to Export Success 

      Arangala, Mathisha Lovindu; Fernando, Nilangika (Colombo: Verité Research, 2018-04)
      Export promotion has been a key policy objective of successive governments of Sri Lanka. The Government aims to double the value of exports to USD 20 billion by 2020. Currently, the government is taking measures to improve ...

    • Relief Package: What it Entails and How Will it be Financed? 

      Public Finance Infographics;
      Econ Team       (2022-02-01)
      In response to rising living cost with inflation rate of 12.1%1 in December 2021, the cabinet of ministers approved a relief package amounting to LKR 229 billion on the 3rd of January 2022. The following infographic depicts ...

    • Restoring Economic Stability in Sri Lanka: An Overview of the IMF Extended Fund Facility 

      Peiris, Udara; Rajkulendran, Raj Prabu (Colombo: Daily Mirror, 2023-04-13)
      On March 20, 2023, the International Monetary Fund (IMF) Board approved Sri Lanka's 17th IMF programme, under the Extended Fund Facility (EFF) arrangement, aimed at addressing the significant economic challenges faced by ...

    • Restoring Efficient Tax Collection Methods: Withholding Tax and Pay-As-You-Earn 

      Background Note;No. 01
      Gunewardena, Dileni; de Mel, Nishan; Moore, Mick; Devarajan, Shanta; Rajkulendran, Raj Prabu; Siyambalapitiya, Sumini       (Colombo: Verite Research, 2022-06)
      The note estimates the additional revenue that can be collected from reinstating in Sri Lanka two methods of efficient tax collection that were discontinued in 2020. That is: the withholding tax (WHT) and the pay-as-you-earn ...

    • Restructuring Domestic Debt Must Be Credible, Fast, Comprehensive 

      Peiris, Udara (Colombo: Daily Mirror, 2023-06-08)
      With the possibility of restructuring domestic debt increasing, there are concerns about the impact of such a restructuring on the financial markets. A limited restructuring, in which only government debt held by the Central ...

    • Revenue foregone by government due to tax concessions 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-04-01)
      For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The foregone revenue amounts to 56% of the total tax revenue ...

    • Revenue performance: January - August 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-10-29)
      During the first eight months of 2024, government revenue rose from LKR 1,819 billion to LKR 2,557 billion compared to the same period in the previous year. This increase arises from high revenue growth across all major ...

    • Reviewing the Data Dissemination Practices of Sri Lanka’s Department of Census and Statistics 

      Razick, Salma; Munas, Hasna; de Mel, Nishan (2021-02)
      In 2014, a data dissemination policy was introduced by the Department of Census and Statistics (DCS) in Sri Lanka. The DCS is the primary agency responsible for the collection, compilation and dissemination of official ...

    • S&SEA Rice Exports: Challenges in relation with the new EU MRL 

      Econ Team, Verité Research (Geneva: CUTS International, 2019-10)
      This Country Update Note provides the views of rice exporters and government agencies in Sri Lanka on their perceptions of the issues they face in complying with EU MRL requirements. The MRL regulations effective at the ...

    • Sanitary napkins: Subjected to unreasonably high taxes 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-03)
      The total tax burden on Sanitary napkins in 2024 is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewellery, raw silk, golf clubs and golf balls and military artillery weapons.

    • Schrodinger’s Banks: The Immediate Need for Policies to Ensure Financial Stability 

      Peiris, Udara (Colombo: Daily Mirror, 2023-09-14)
      Sri Lanka is entering into a new, dangerous phase in its economic recovery. Although macroeconomic stabilisation has made progress, financial stabilisation needs immediate attention. The combination of covid-era loans and ...

    • Sectoral Allocations for the 2023 Budget 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-15)
      Sectoral allocations from the 2023 Budget, ranging from defence to water and sanitation. This was presented in the Budget speech for 2023.

    • Sectoral Allocations: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      This series of infographics contains sectoral allocations from Budget 2024. Allocations to Finance, Defence and Health were among the highest.

    • Shaping and influencing public discourse on public policy: Role of think tanks and research organizations (Presentation) 

      Abeysinghe, Subhashini (2022-08-31)
      Think tanks and research organizations have a role in shaping and influencing public discourse on public policy. The objective of this presentation is to introduce Verité Research, their research products and the impact ...

    • Share of Foreign debt has increased to 47% of total debt by April 2022​ 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-16)
      Foreign debt as a percentage of total outstanding government debt increased from 37% at the end of 2021 to 47% in the first quarter of 2022. On average for the past decade domestic debt has accounted for 56% and foreign ...

    • Shrinking Tax Base Increases Tax Burden on Existing Taxpayers 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-03-30)
      The income tax per person is calculated as the total government revenue from income tax (including PAYE) divided by the total registered taxpayers for income tax which includes Individual Tax Payers and Employees paying ...

    • Social and Household Networks in Sri Lanka: Does Networking Create a Disparity in Employment Outcomes 

      Perera, Mihindu (Social Science Research Network, 2019-11-15)
      This paper estimates the impact of social and household networks on employment outcomes in Sri Lanka.The results indicate that social networks, measured by language choice and locality, improve employment outcomes by ...

    • Sources of Financing for Top 5 Ministries That Received the Highest Allocation in the 2022 Budget 

      Public Finance Infographics;
      Econ Team       (2022-01-25)
      Based on the 2022 approved Budget estimates in 2020, 87% of government expenditure was financed via domestic sources and 13% was financed via foreign sources. In 2021 91% of expenditure is estimated to be financed domestically ...