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 ...

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 ...

The note estimates the additional revenue that can be collected from reinstating in Sri Lanka two methods of efficient tax collection that were discontinued in 2020. That is: the withholding tax (WHT) and the pay-as-you-earn ...

This note recommends household electricity use as a determinant of eligibility for welfare benefits. As Sri Lanka’s crisis continues, up to 50% or more of the population is likely to need state support, however current ...

Sri Lanka faces a challenge to emerge from the continuing economic crisis of unsustainable public debt. This paper sets out four important reasons to undertake an early domestic debt restructuring (DDR), by way of reprofiling ...

International trade data are the foundational basis when formulating trade policies and assessing their impacts. Trade data is vital for firms engaging in international trade to make sound business decisions. Unfortunately, ...

This note proposes three steps Sri Lanka could take to construct and manage high quality Investment Zones, drawing from regional and global best practices. First, is enacting a separate, overarching legislation to ...

This document explains the updated methodology adopted by PublicFinance.lk for calculating fuel prices in Sri Lanka. It outlines the changes made to the original 2018 IMF-assisted fuel price formula used by the Ministry ...

In 2014, a data dissemination policy was introduced by the Department of Census and Statistics (DCS) in Sri Lanka. The DCS is the primary agency responsible for the collection, compilation and dissemination of official ...

This note argues that the Sri Lankan government’s recent proposal to implement universal tax registration is neither a viable nor effective strategy to increase the country’s tax revenue. Instead, the note proposes four ...