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Sri Lanka’s international borrowing costs are not declining
(Colombo: Verité Research, 2014-11)
The government first raised international debt through bonds in October 2007. Since then several international bonds have been issued to feed the government’s twin demands: financing its spending and propping up foreign ...
Fixing Sri Lanka’s Revenue Problem is a Priority
(Colombo: Verité Research, 2017-02-10)
Taxes are the key source of government revenue. Normally, tax share as a percentage of GDP is expected to increase as per capita GDP rises. This Insight shows that in Sri Lanka, this is not the case; the country’s per ...