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Now showing items 191-200 of 233
Is Maldives going down Sri Lanka's path?: Maldives is increasingly finding it difficult to cover recurrent expenditure
(Colombo: Verite Research, 2023-08-17)
Since 1983, Sri Lanka has faced the continuous challenge of its revenue falling short of covering recurrent expenditure. Subsequently, when looking at Maldives’s fiscal performance it seems to echo Sri Lanka’s trajectory. ...
Will the budget's veil of secrecy be lifted in 2024?
(Colombo: Verite Research, 2023-11-01)
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research.
The government – on ...
Sri Lanka’s Revenue to GDP Ratio Reaches Its Lowest Level Since 1959
(2022-06)
Data on Sri Lanka’s revenue to GDP ratio is available from 1959 onwards.
The average tax to GDP ratio from 1959 to 2021 is 16%. In 2021 the tax to GDP ratio dropped to 8%, which the lowest ratio since 1959 and is half ...
The Gender Pay Gap in Sri Lanka: A Statistical Review with Policy Implications
(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 ...
IMF Tracker Update: February 2024
(Colombo: Verite Research, 2024-03)
Sri Lanka verifiably failed to meet 33% of the commitments due by end-February 2024 in its International Monetary Fund (IMF) programme, according to the February update of Verité Research’s ‘IMF Tracker’. Many of these ...
China Endorses Sri Lanka Debt Plan
(Colombo: Verite Research, 2023-03-09)
China has given its approval to Sri Lanka's plan to restructure its international debt, clearing the path for a loan via the IMF's Extended Fund Facility (EFF).
Sri Lanka Missed Deadline to Create an Online Fiscal Transparency Platform
(Colombo: Daily Mirror, 2023-04-28)
Sri Lanka misses the IMF deadline to create an online platform for fiscal transparency. However, some of the data is slated to be made public by the end of April.
The IDC is Advocating for more Accountability from Private Lenders to Ease the Debt Burden of Developing Nations
(Colombo: Verite Research, 2023-03-15)
The International Development Committee is advocating for mandatory participation of private creditors in debt relief schemes for impoverished nations. Developing nations have accrued higher debts than before to private ...
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 ...