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IMF tracker: Infographics August 2023
(Colombo: Verité Research, 2023-08)
The purpose of this analysis is to ensure that VR’s IMF Tracker can be used more effectively to raise public awareness about monitoring of public finance, and to increase its use by CSOs to monitor progress. The analysis ...
CBSL more Optimistic than the IMF
(Colombo: Verite Research, 2023-06-16)
According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) ...
Syndicated Surveys: Mood of the Nation - Round 04 2023 (Press Release)
(Verité Research, 2023-02)
Syndicated Surveys by Verité Research which gauge public sentiment on Sri Lankans' various social and political viewpoints. The data is collected through a telephone interview and a nationwide randomised sample of around ...
Defence Sector Claims Nearly Half of State Salaries
(Colombo: Verite Research, 2023-06-02)
According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence sector is estimated to claim nearly ...
Average Time Taken to Restructure Debt
(2022-06)
A country resorts to debt restructuring when its public debt is unsustainable. Debt restructuring involves a substantive default on existing debt contracts. This can occur through an orderly or disorderly process. An orderly ...
Interest payments weigh heaviest in 2022!
(Colombo: Verite Research, 2023-07-24)
The central bank's annual report for 2022 reveals that interest payments have reached their highest level. This increase in interest payments suggests a significant debt burden on the government. The ratio of interest ...
Tax on Sanitary Napkins
(Verité Research, 2022-07-20)
On the 31st of May 2022 the general customs duty on sanitary napkins were removed and VAT rate was increased from 8% to 12%. The revision resulted in the total tax rate on sanitary napkins falling to 42.8% from 53.6%. ...
Syndicated Surveys: Mood of the Nation - Round 05 2023 - IMF Programme (Press Release)
(Verité Research, 2023-06)
Syndicated Surveys by Verité Research which gauge public sentiment on Sri Lankans' various social and political viewpoints. The data is collected through a telephone interview and a nationwide randomised sample of around ...
Share of Foreign debt has increased to 47% of total debt by April 2022
(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 ...
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions Used in the Budget Estimates
(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 ...