Browsing Infographics by Title

Now showing items 86-105 of 189

    • Large Scale Infrastructure Small Scale Disclosure 

      Public Finance Infographics;Public Finance Infographics;
      Econ Team; Econ Team       (Colombo: Verite Research, 2023-09-04)
      Despite the Right to Information (RTI) Act’s proactive disclosure requirement, only 18% and 25% of information required to be disclosed on large-scale infrastructure projects were proactively disclosed online in 2022 and ...

    • Maldives Trend of Declining Reserves - Risks SL-Like Situation in the Next 2 Years 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Maldives' primary deficit woes 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Only 11 out of 52 SOEs have Published Financial Data up to 2022! 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-13)
      Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s ...

    • Over Estimation of Social Security Contribution 

      Public Finance Infographics;
      Econ Team       (2021-12-10)
      Budget 2022 proposed a Social Security Contribution (SSC) tax to rebuild the Sri Lankas Economy from the COVID- 19 pandemic. SSC is charged at 2.5% on an annual turnover exceeding LKR 120 million. This tax is proposed to ...

    • Ownership of Sri Lanka’s Outstanding Foreign Debt in 2020 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-02-15)
      Sri Lanka owes approximately 40% of its total central government debt to foreign creditors in the form of bilateral debt, multilateral debt and financial markets. The infographic shows the distribution of ownership of the ...

    • Personal Income Tax (PIT): SL has the highest income tax rate at a lower income level in South Asia 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024)
      Sri Lanka imposes its highest tax rate at a relatively lower income threshold compared to other South Asian countries. Individuals earning over LKR 308,333 per month are subject to a steep 36% tax rate, making Sri Lanka ...

    • Personal Income Tax (PIT): SL has the highest level of income with zero tax in South Asia 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024)
      Sri Lanka has the highest tax-free income threshold in South Asia – without the Maldives. Citizens are exempt from paying income tax unless they earn over LKR 1.2 million annually (LKR 100,000 per month). In comparison, ...

    • Personal income tax (PIT): SL’s tax burden is less at lower incomes but more at high incomes compared to South Asia 

      Econ Team (Colombo: Verite Research, 2024)
      Sri Lanka's personal income tax burden varies significantly between lower and higher income levels. At lower incomes, particularly for those earning below LKR 250,000 per month, the tax burden—measured as the percentage ...

    • Petrol and Diesel Market Price vs. Formula Price in April 2025 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-04-02)
      In April 2025, the market price of Petrol 92 Octane reduced by LKR 10 aligning itself to the reduction in the cost reflective formula price. The price of Auto Diesel, however, did not reduce even though the formula price ...

    • Petrol and Diesel Market Price vs. Formula Price in January 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Petrol and Diesel Market Price vs. Formula Price in June 2025 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-06-04)
      Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of ...

    • Petrol and Diesel Market Price vs. Formula Price in March 2025 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-03-05)
      Since December 2024, the market prices of 92-octane petrol and auto diesel have remained at LKR 309 and LKR 286 per litre, respectively, despite fluctuations in formula prices between January 2025 and March 2025. According ...

    • Petrol and Diesel Market Price vs. Formula Price in May 2025 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2025-05-03)
      In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive ...

    • Petrol and Diesel Market Prices vs. Formula Price in November 

      Econ Team (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 ...

    • Petrol and Diesel Market Prices vs. Formula Price in October 

      Econ Team (Colombo: Verite Research, 2024)
      Following the monthly fuel price revision for October, the market price of 92-octane petrol is LKR 10 above the fuel price formula, and the market price of Auto diesel is LKR 22 above the fuel price formula, as shown by ...

    • Petrol and Diesel vs. fuel price formula in July (2024) 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2024-07-03)
      Following the monthly fuel price revision for July, the market price of 92-octane petrol is LKR 16.67 above the fuel price formula, and the market price of Auto diesel is LKR 21.68 above the fuel price formula, as shown ...

    • The Price of Parliament (2022) 

      Public Finance Infographics;
      Econ Team       (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 ...

    • Primary and Budget Balances move in opposite directions as interest payments increase! 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024-01)
      The Fiscal Management Report 2024 published by the Ministry of Finance, shows that the Primary Balance improved from LKR -317 Bn in 3rd quarter 2022 to a positive LKR 124 Bn in 3rd quarter 2023. The Budget Deficit, however, ...

    • The Problem with Procurement 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-04)
      Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparency platform. The online transparency platform was to be operational by March 2023, but the ...