This collection includes all Econ research output published in infographic format.

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Recent Submissions

  • IMF Tracker Update: December 2023 

    Econ Team (2024-01)
    The International Monetary Fund (IMF) has published its evaluation of Sri Lanka’s performance in the first phase or ‘first term’ of the ongoing Extended Fund Facility (EFF) programme, which commenced in March 2023. Verité ...
  • Syndicated Surveys: Taxing EPF Returns (October 2023) 

    Econ Team (2023-11)
    77% of Sri Lankan adults think that the government’s decision to reduce returns on the retirement savings in the Employees’ Provident Fund (EPF), in the pursuit of domestic debt restructuring (DDR), was not necessary and/or ...
  • Syndicated Surveys: Easter Sunday Attacks (October 2023) 

    Econ Team (2023-11)
    More than half the Sri Lankan population – 53% – believes local political forces were involved in the Easter Sunday attacks carried out in 2019, according to a survey commissioned in October by Syndicated Surveys. 53% ...
  • Syndicated Surveys: Online Safety Bill (October 2023) 

    Econ Team (2023-10)
    In a survey commissioned by Verité Research, 56% of those who said they knew about the Online Safety Bill also said it will reduce the freedom of using social media. To the question ‘the government introduced a bill to ...
  • Will the budget's veil of secrecy be lifted in 2024? 

    Econ Team (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 best kept secret 

    Econ Team (Colombo: Verite Research, 2023-11-01)
    The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with ...
  • Where's the promised land? 

    Econ Team (Colombo: Verite Research, 2023-11-01)
    Land access has been identified as a crucial barrier which inhibits foreign direct investment (FDI) in Sri Lanka. Investment zones, primarily Export Processing Zones (EPZs), are significantly influential in attracting FDI ...
  • Public Debt Increases in Dollar Value While Decreasing in Rupee Value 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-12-19)
    According to recent data published by the Ministry of Finance, public debt in dollar terms fell from USD 97 Bn (end 2021) to USD 85 Bn (end 2022), however rose again to USD 91 Bn by September 2023. The debt stock in ...
  • Sri Lanka met 41 IMF commitments and failed 11 by end-Oct 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-17)
    Sri Lanka verifiably met 41 of the 73 trackable commitments that were due for completion by end-October 2023 in its ongoing programme with the International Monetary Fund (IMF), according to the latest update from ‘IMF ...
  • Sectoral Allocations: Budget 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-13)
    This series of infographics contains sectoral allocations from Budget 2024. Allocations to Finance, Defence and Health were among the highest.
  • Summary: Budget 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-13)
    Budget 2024 expects budget deficit for the year 2024 to increase by 19%.
  • Fiscal Targets: Budget 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-13)
    Projections in Budget 2024 expect revenue to be 13.1% of GDP in 2024.
  • Expected GDP Outcomes: Budget 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-13)
    The 2024 budget forecasts a greater contraction in 2023 and higher growth in 2024 compared to IMF projections.
  • Violation of Fiscal Rules: Budget 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-13)
    The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.
  • Expenditure Proposals: Budget 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-13)
    The highest expenditure proposal from the 2024 Budget amounted to LKR 11,250 million for a decentralized budget programme. The list of infographics displays the highest expenditure proposals from the 2024 Budget.
  • VAT to reach 20 year high from January 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-11-01)
    Initially introduced in 2002, the VAT comprised two tiers: a 10% rate applicable to certain goods and services, and a 20% rate for others. However, in 2004, these rates were unified to a 15% rate, which was officially ...
  • IMF programme’s transparency falls to lowest point in September 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-10-19)
    The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International Monetary Fund (IMF), shows that Sri Lanka verifiably ...
  • Changes in Allocations to Ministries 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-10-13)
    In the Appropriation Bill for 2024, key ministries such as Finance, Defense, Health, Education, Transport, and Highways witness an increase in their allocations. The Ministry of Finance experienced the largest year on ...
  • Sri Lanka to be Saddled with High Interest Bill in 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-10-09)
    The Appropriation Bill for Budget 2024 indicates an increase in allocated expenditure from LKR 5854 bn in 2023 to LKR 6563 bn in 2024. Interest payments saw a 20 percent rise, from LKR 2189 bn in 2023 to LKR 2634 bn. In ...
  • Highlights from the Appropriation Bill for 2024 

    Public Finance Infographics;
    Econ Team
    (Colombo: Verite Research, 2023-10-06)
    The Appropriation Bill shows that there is a 12% increase in expenditure planned for 2024. Interest payments alone remain more than one-third of total spending in 2024, reflecting an increase of 20% from 2023.

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