Infographics
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This collection includes all Econ research output published in infographic format.
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Appropriation Bill 2025: Ministerial allocations
(Colombo: Verité Research, 2025-01-07)The Appropriation Bill for 2025, presented to Parliament on 9 January 2025, allocates funds for government spending for the full year of 2025 – following the Vote on Account which only allocated funds for the first 4 months ... -
2025 Vote on Account: Revenue and expenditure - Revenue increase is less than the increase in primary expenditure
(Colombo: Verité Research, 2024-12-13)On 6 December, Parliament approved the 2025 Vote on Account, allocating funds for the first four months of the year. For January to April 2025, primary expenditure—which includes both recurring and capital spending but ... -
Vote on Account 2025: Which ministries got the highest allocations?
(Colombo: Verité Research, 2024-12-12)On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil ... -
Maldives' primary deficit woes
(Colombo: Verité Research, 2025-01-20)The Maldives’ primary deficit has increased since 2020, raising concerns about the country’s debt sustainability. This contrasts with Sri Lanka, where the primary deficit also increased but recovered, following its suspension ... -
Public debt growth slows
(Colombo: Verité Research, 2024)Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign debt increased, the growth was notably lower than in the previous year. -
Budget Promises: 2023 End Year Assessment - Infographics
(Colombo: Verite Research, 2024-06)For the end-year assessment of the 2023 budget, the top 25 expenditure proposals, worth LKR 49.3 billion, along with seven regulatory proposals, were tracked. The proposals were categorized into five groups based on their ... -
Maldives Trend of Declining Reserves - Risks SL-Like Situation in the Next 2 Years
(Colombo: Verité Research, 2024-12-05)The external reserves of the Maldives have been on a declining trend since June 2020. At that time, the gross reserves held by the Maldives Monetary Authority amounted to USD 702.5 million, sufficient to finance 5.2 months ... -
Petrol and Diesel Market Price vs. Formula Price in January
(Colombo: Verité Research, 2025-01-29)On 01 January 2025, the market prices of 92-octane petrol and auto diesel remained unchanged. However, the Public Finance Fuel Price Tracker indicates that both fuel types continue to be priced above their respective formula ... -
High tax rate, low tax revenue: Sri Lanka’s corporate income tax (CIT) rate was among South Asia's highest but CIT revenue was among the lowest
(Colombo: Verité Research, 2024-11-29)Sri Lanka's Corporate Income Tax (CIT) collection is notably lower than other South Asian countries, despite having a higher tax rate. In 2023, Sri Lanka’s CIT revenue was 2.0% of GDP, with a CIT rate of 30%. In contrast, ... -
Tax policy proposals announced by the president on 18 Dec 2024
(Colombo: Verité Research, 2024-12-19)In his parliamentary speech on December 18, 2024, the President announced key tax policy changes: Personal Income Tax (PIT): The tax-free threshold will be increased from LKR 100,000 to LKR 150,000. Personal Income ... -
How is the election budget spent? Half the cost in 2020 was voted to pay the workforce
(Colombo: Verité Research, 2024-11-12)The General Election is approaching, and the government expects to spend LKR 11 billion. This includes LKR 5 billion from the consolidated fund for 2024, with the remaining LKR 6 billion to be charged in next year's budget. ... -
வரவு செலவுத் திட்ட வெளிப்படைத்தன்மை - 125 நாடுகளில் இலங்கை 80 வது இடத்தில் உள்ளது
(Colombo: Verité Research, 2024-07-31)The Open Budget Survey (OBS) is the world’s only independent, comparative, and fact-based research instrument that uses internationally accepted criteria to assess public access to central government budget information, ... -
Revenue performance: January - August 2024
(Colombo: Verité Research, 2024-10-29)During the first eight months of 2024, government revenue rose from LKR 1,819 billion to LKR 2,557 billion compared to the same period in the previous year. This increase arises from high revenue growth across all major ... -
අයවැය විනිවිදභාවය: ලකුණු කාඩ්පත - රටවල් 125 කින් ශ්රී ලංකාව 80 වැනි ස්ථානයට පත්ව ඇත
(Colombo: Verité Research, 2024-07-31)The Open Budget Survey (OBS) is the world’s only independent, comparative, and fact-based research instrument that uses internationally accepted criteria to assess public access to central government budget information, ... -
Sri Lanka's public sector outweighs Asian peers
(Colombo: Verité Research, 2024-11-20)Sri Lanka’s public sector employment levels are highest among countries in South and Southeast Asia region. In 2023, 15% of the total 8 million workforce (1.16 million people) were employed in the public sector, including ... -
Petrol and Diesel Market Prices vs. Formula Price in November
(Colombo: Verité Research, 2024-11)Following the monthly fuel price revision on 01 November 2024, the market price of 92 octane petrol and the market price of auto diesel remained unchanged. However, the cost-reflective fuel formula prices for 92 octane ... -
The Price of Parliament (2022)
(Colombo: Verité Research, 2024-11)In 2022, the most recent year with detailed data, Sri Lanka spent LKR 3,248 million on operating its parliament, amounting to an average of LKR 32.2 million per sitting. This expenditure is divided across the subsections ... -
Sri Lanka’s government education expenditure is the world’s third lowest
(Colombo: Verité Research, 2024-10)In 2022, Sri Lanka’s government, both provincial and central, allocated only 1.5 percent of GDP on all levels (including primary, secondary, and tertiary levels). This placed Sri Lanka as the third-lowest country in the ... -
Sri Lanka's government education expenditure is the lowest in South Asia
(Colombo: Verité Research, 2024-10)In 2022, Sri Lanka’s government, both provincial and central, dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for ... -
9 Years Since Bond Scam
(Colombo: Verité Research, 2024-02-27)The 27th of February marks nine years since the infamous “bond scam” of 2015. This resulted in a forensic audit, completed in 2019, on activities of the Central Bank of Sri Lanka (CBSL) with regard to bond market auctions ...