Search
Now showing items 161-170 of 212
Bloomberg Markets Predicts LKR's Possible Depreciation Against USD
(Colombo: Verite Research, 2023-06-02)
Bloomberg reported that the Sri Lankan rupee may deteriorate as a result of upcoming debt repayments. In March 2023 Verite Research took the view that greater volatility in exchange rates increases uncertainty and risk for ...
Sri Lanka Has Set a Global Precedent in Domestic Debt Restructuring
(Colombo: Verite Research, 2023-08-24)
This infographic looks at other countries that have also gone through domestic debt restructuring (DDR) since 1998 and the ways they have gone about this. Sri Lanka is the first country to use social security funds while ...
IMF Programme Progress
(Colombo: Verite Research, 2023-05-18)
The infographic covers three points; 1) the IMF analysis projects a decline in Sri Lankas debt to GDP; 2) effective interests rates to decline; and 3) progress on IMF commitments.
Improving Lankan Women’s Access to Economic Opportunities: The Business Case
(Colombo: Daily Mirror, 2023-03-30)
As we in Sri Lanka explore the pathways out of the current crisis, it is imperative that we acknowledge the mammoth contributions that women make to the economy, hidden and unpaid, and seriously consider how to improve ...
"Sugar Scam” is Not the Whole Iceberg: “Forestalling” Needs a Rule-of-Law Solution
(Colombo: Daily Mirror, 2023-11-09)
On 14 October 2020, taxes on imported sugar were slashed overnight from LKR 50 to LKR 25 cents per kilogram. That is a reduction of 99.5%. This led to much discussion in media and parliament about the large undue profits ...
For Sri Lanka, a Governance-Linked Bond Might Just Be the Ticket
(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 ...
Is Sri Lanka Addicted to Missing Revenue Targets?
(Colombo: Daily Mirror, 2023-10-30)
It is all too familiar that Sri Lanka has a problem in meeting its budgeted revenue targets. Recently, a government member of parliament (MP) who voted in favour of the budget last year, said that the tax increases that ...
Restoring Economic Stability in Sri Lanka: An Overview of the IMF Extended Fund Facility
(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 ...
The Debt Digest - March 2023
(Colombo: Daily Mirror, 2023-03-16)
The Debt Digest by Verité Research provides analytical commentary on the latest developments in Sri Lanka’s debt crisis. A key milestone in Sri Lanka’s path to recovery was the staff-level agreement with the IMF in September ...
Sri Lanka Falls Behind Least Developed Countries in Trade Facilitation: Here are Three Steps it Can Take to Reverse This Trend
(Colombo: Verite Research, 2023-07)
This note compares progress made by Sri Lanka against its regional competitors, other developing and least developed countries in facilitating trade by making import and export procedures of the country efficient, less ...