Now showing items 122-141 of 238

    • Ownership of Sri Lanka’s Outstanding Foreign Debt in 2020 

      Public Finance Infographics;
      Econ Team
      (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 ...
    • Post-Covid19: Can the Sri Lankan apparel sector benefit from US-China decoupling? A statistical analysis 

      Abeysinghe, Subhashini; Arangala, Mathisha (National Science Foundation, Sri Lanka, 2021)
      The “US-China decoupling” has received much attention with the deterioration of US-China diplomatic and economic ties under the Trump administration. US firms seeking to reduce their reliance on China offers an economic ...
    • Power Cuts in Sri Lanka 2012: A Critical Review 

      Research Bulletin; Vol. 02, No. 03
      de Mel, Nishan; Nathaniel, Vidya
      (Colombo: Verité Research, 2012-08)
      This report analyses the explanations provided by the government in announcements regarding scheduled power cuts in 2012. The standard explanations for power cuts were: (i) Unexpectedly high growth in demand; (ii) Shortage ...
    • Private Sector Participation in Sri Lanka’s Tertiary Education: A review of information and data 

      Econ Team (Colombo: Verite Research, 2017-11)
      This study presents a review of the topics relevant to the debate on private sector participation in tertiary education. These include: the structure of the tertiary education sector; the legislation underlying the ...
    • The Problem with Procurement 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-10-04)
      Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparency platform. The online transparency platform was to be operational by March 2023, but the ...
    • Provincial Council Receipts and Expenditure in 2020 

      Public Finance Infographics;
      Econ Team
      (2021-11-02)
      The finance commission makes an annual recommendation on the allocation of funds required to meet the needs of provincial councils to the government. The Western Province has the highest absolute value, and the North Central ...
    • Public Debt Increases in Dollar Value While Decreasing in Rupee Value 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-12-19)
      According to recent data published by the Ministry of Finance, public debt in dollar terms fell from USD 97 Bn (end 2021) to USD 85 Bn (end 2022), however rose again to USD 91 Bn by September 2023. The debt stock in ...
    • Public Report on the 2021 Budget: Assessment on Whether the Expenditure Allocations and Taxation Policies are in Line with the Governments Policy 

      Econ Team (Colombo: Verité Research, 2021-03)
      This report will assist the public and other stakeholders in understanding the adequacy, credibility and prioritisation of the government’s expenditure allocations and taxation policies and the extent to which these are ...
    • Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions Used in the Budget Estimates 

      De Silva, Dinuk; Mubarak, Faiq; Musammil, Miflal; Hanifa, Hafsa; Siyambalapitiya, Sumini (Colombo: Verité Research, 2021)
      The 2022 budget was presented to the parliament on November 12, 2021, outlining the government’s proposals to raise public funds through taxation and proposals for expenditure during the year. These proposals form the ...
    • Public Report On The 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates - Infographics 

      de Silva, Dinuk; Mubarak, Faiq; Musammil, Miflal; Hanifa, Hafsa; Siyambalapitiya, Sumini (2021-12)
      The 2022 budget was presented to the parliament on November 12, 2021, outlining the government’s proposals to raise public funds through taxation and proposals for expenditure during the year. These proposals form the ...
    • 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 ...
    • 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 ...
    • 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.