Browsing Econ by Title

Now showing items 301-320 of 333

    • Total and primary deficits run in opposite directions 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-09-22)
      The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant ...

    • Total SOE Losses in the first four months of 2022 Outweigh Annual Losses in 2021 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-09)
      During the first four months of 2022 the cumulative loss of State-Owned Enterprises (SOEs) amounted to LKR 860 BN. This figure outweighs the annual loss of SOEs in 2021. The top 3 contributors to the increase of the loss ...

    • Trading with China: Challenges and Policy Issues Faced by MSMEs 

      Econ Team, Verité Research (Geneva: CUTS International, 2018-07)
      The note illustrates the views of, and challenges faced by Small and Medium Enterprises (SMEs) in exporting to China, with a focus on China’s trade policy and trade standards that may have hindered exports.

    • The Troubling Lack of Compliance by Public Authorities With RTI Act 

      Weerasooriya, Nishana; Talayaratne, Shannon (Colombo: Daily Mirror, 2023-09-28)
      Today (28 September) marks the international day for universal access to information. This year’s theme is ‘the importance of the online space for access to information'. Public access to information is an essential element ...

    • Unlocking the Potential of Data: A case study - Data dissemination practices in Sri Lanka Customs (Presentation) 

      Abeysinghe, Subhashini; Arangala, Mathisha (2020-09-17)
      Successful economies have increasingly recognised the importance of improving access to data collected by governments. Accurate, timely and easily accessible data helps private sector growth and results in improved delivery ...

    • VAT to reach 20 year high from January 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-01)
      Initially introduced in 2002, the VAT comprised two tiers: a 10% rate applicable to certain goods and services, and a 20% rate for others. However, in 2004, these rates were unified to a 15% rate, which was officially ...

    • VAT's Maldives got right? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-02-09)
      Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax rate collects nearly 5 times more through its Goods and Services Tax (GST). In 2023, Sri Lanka’s ...

    • Verite Research Debt Update - February 2023 

      Debt Update;Issue 01
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-02)
      This issue provides coverage and analysis on the financial assurance letters issued by China, India, The Paris Club and a group of private bond holders to the IMF on their commitment to support Sri Lanka’s debt restructuring ...

    • Verité Research Debt Update - December 2023 

      Debt Update;Issue 04
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-12-01)
      This issue provides coverage on Sri Lanka’s debt restructuring and progress on the IMF program. This issue also includes analysis on the 2024 Budget and the need for improved governance for sustainable economic recovery. ...

    • Verité Research Debt Update - March 2023 

      Debt update;Issue 02
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-03-17)
      This issue provides coverage and analysis on the usability of the IMF financing and the volatility of the exchange rate. These are the key developments identified; 1) Sri Lanka is expected to reach board level agreement ...

    • Verité Research Debt Update - May 2023 

      Debt Update;Issue 03
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-05-17)
      This issue provides coverage and analysis of the IMF Debt Sustainability Analysis (DSA) and Sri Lanka’s progress on the 100 commitments outlined in the IMF program. The key developments identified were; 1) The IMF Debt ...

    • Verité Research proposed 4 policy actions in 2020 to enhance Sri Lanka's public finance processes 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-08-30)
      The Public Financial Management Act, No. 44 of 2024 and the Parliamentary Budget Office Act, No. 6 of 2023, contain several key policy actions aimed at improving public finance management in Sri Lanka. In February 2020, ...

    • Violation of Fiscal Rules: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.

    • Vote on Account 2025: Which ministries got the highest allocations? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-12-12)
      On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil ...

    • W(h)ither environmental governance? - Limited access to information undermines meaningful public participation in development projects (Research Brief) 

      Research Brief;
      Abeysinghe, Subhashini; Arangala, Mathisha; Jayasinghe, Uween       (Colombo: Verite Research, 2021-06)
      There is a surge in public agitation against environmental destruction caused by ongoing development projects in Sri Lanka. The surfacing of environmental issues after construction has commenced is highly problematic for ...

    • Wading Through Murky Waters: A Case Study of Regulatory Ineffectiveness in Sri Lanka’s Import Tax Exemption Schemes 

      Munas, Hasna; Gnanasampathen, Revathy (Colombo: Verité Research, 2018-04)
      Import taxes are critical for government revenue. However, because these taxes are often high, the government has introduced import tax exemption schemes. Through these schemes, businesses can bypass certain taxes and save ...

    • Weekly Air quality update: Week ending 02 August 2025 

      Econ Team (2025-08-02)
      This infographic displays the air quality in the cities of Badulla, Colombo 07, Puttalam, Pelawatte, Monaragala, Maharagama, Kiribathgoda and Kandy cities for the week of July 27 to August 2, 2025. It was developed under ...

    • What Caused the Rise in Tax Revenue from 2021 to 2022? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-06-30)
      In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a ...

    • Where do 92 Octane and Auto Diesel stand after the recent price reduction? (June 2024) 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024-06-14)
      On 31 May 2024, fuel prices in Sri Lanka were reduced. The price of 92-octane petrol was lowered by LKR 13, bringing it to LKR 355 per litre, while Auto diesel saw a reduction of LKR 16, lowering the price to LKR 317 per ...

    • Where's the promised land? 

      Econ Team (Colombo: Verite Research, 2023-11-01)
      Land access has been identified as a crucial barrier which inhibits foreign direct investment (FDI) in Sri Lanka. Investment zones, primarily Export Processing Zones (EPZs), are significantly influential in attracting FDI ...