Browsing Econ by Title

Now showing items 55-74 of 238

    • Financing Infrastructure: The (non) concessionality of concessional loans (Presentation) 

      de Mel, Nishan (2020-09-10)
      Multilateral and bilateral borrowing is often favoured by governments such as Sri Lanka because such financing tends to have ‘concessional’ elements, relative to the international financial markets. However, the cost ...

    • Financing of the Budget Deficit, 2010 to 2022 

      Public Finance Infographics;
      Econ Team       (2021-11-23)
      The following infographic depicts the financing of the budget deficit from 2010 to 2022 estimates as presented in the 2022 budget.

    • Fiscal Targets: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      Projections in Budget 2024 expect revenue to be 13.1% of GDP in 2024.

    • Flow of External Loans to Sri Lanka 

      Raj Prabu, Rajakulendran (Verité Research, 2022-09-14)
      For the past five years (2017-2021) China has been the largest bilateral lender to Sri Lanka. In 2021, China disbursed a total of USD 947 MN, out of which USD 809 MN was obtained as market borrowings from the China Development ...

    • For Sri Lanka, a Governance-Linked Bond Might Just Be the Ticket 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-12-21)
      It is a truth universally acknowledged that if Sri Lanka under-performs on its governance corrections, it will underperform on its economic recovery also (with apologies to Jane Austen), the first provides the foundation ...

    • Foregoing Competition to Secure Funding for Public Infrastructure: One third of funding secured was non-concessional 

      Econ Team; Legal Team (Colombo: Verité Research, 2023-07-04)
      In 2010, Sri Lanka established a unique framework, overseen by the Standing Cabinet Appointed Review Committee (SCARC), to handle unsolicited proposals (USPs) for public infrastructure funding. These USPs inherently bypass ...

    • Gazetted Taxes are 4.3ppt to 15.4ppt of Income Higher than Proposals Affirmed in the Interim Budget 

      Public Finance Infographics;
      Econ Team       (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 

      Verité Research; International Labour Organization (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 

      Gray, Nigel; Atapattu, Udahiruni; Jayasinghe, Lahiri; Raji, Yasmin; Wijewickrama, Tirani; Razick, Salma; de Silva, Dinuk (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 

      Raji, Yasmin; Samarasinha, Dharini (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 

      Ravindu, De Silva (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 

      Ravindu, De Silva (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​ 

      Ravindu, De Silva (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 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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? 

      Public Finance Infographics;
      Econ Team       (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? 

      Ishini, Randeniya (Verité Research, 2022-07-06)
      The infographics provides details on government expenditure and the ways in which it was financed in 2021.​