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Now showing items 71-73 of 73
Ceylon Petroleum Corporation: What drives the losses?
(Verité Research, 2021-09)
Ceylon Petroleum Corporation (CPC) is the state-owned enterprise in Sri Lanka with the largest accumulated losses – estimated at LKR 335 billion as of 2020. The analysis finds that the CPC sells fuel at prices higher ...
Retirement Funds Face Regressive Taxation in Sri Lanka
(Colombo: Verite Research, 2023-09)
In September 2023, Sri Lanka became the only country to restructure local currency debt by exclusively targeting retirement savings funds, excluding all others. This was justified by claiming that retirement savings were ...
Does Sri Lanka Need More Rules or Better Compliance?
(Colombo: Verite Research, 2023-02)
The government of Sri Lanka proposed introducing a new law to establish stronger rules on public finance management. The analysis shows that the core weakness in Sri Lanka is not the lack of rules but the lack of compliance. ...