Browsing Infographics by Title
Now showing items 7-26 of 163
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Bloomberg Markets Predicts LKR's Possible Depreciation Against USD
(Colombo: Verite Research, 2023-06-02)Bloomberg reported that the Sri Lankan rupee may deteriorate as a result of upcoming debt repayments. In March 2023 Verite Research took the view that greater volatility in exchange rates increases uncertainty and risk for ... -
Budget performance 2023 - Expenditure: Limit overshot by LKR 104 billion
(Colombo: Verite Research, 2024)The Ministry of Finance Annual Report, released on 31st May 2024, shows that in 2023, the Government of Sri Lanka exceeded its total expenditure by LKR 104 billion. The total expenditure budgeted based on the government’s ... -
Budget Promises: 2021 End Year Assessment Infographics
(2022)For the end year assessment of the 2021 budget, 37 RTI requests were filed to 28 implementing government agencies for information on Expenditure Proposals and Verité filed 12 RTI requests with 9 implementing government ... -
Budget Transparency: Score card - Sri Lanka is ranked 80th out of 125 countries
(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, ... -
CBSL more Optimistic than the IMF
(Colombo: Verite Research, 2023-06-16)According to the Annual Report of the Central Bank of Sri Lanka (CBSL) published for the financial year 2022, projected real Gross Domestic Product (GDP) growth was higher than the International Monetary Fund's (IMF) ... -
Change in Tariffs on Monthly Electricity Consumption
(Colombo: Verite Research, 2023-02-23)Electricity tariffs were initially revised in August 2022, which was the first revision since November 2014. However, in February 2023 tariffs were revised again. For households using less than 60 units, the initial tariffs ... -
Changes in Allocations to Ministries
(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 ... -
Changes in Tax Structure Leads to Shrinking Tax Base across Various Taxes
(Verité Research, 2022-08-06)Sri Lanka experienced a significant change in its tax system for the year 2020. These changes have led to a considerable shrinking in Sri Lanka’s tax base across various taxes. A narrow tax base increases tax administration ... -
China Endorses Sri Lanka Debt Plan
(Colombo: Verite Research, 2023-03-09)China has given its approval to Sri Lanka's plan to restructure its international debt, clearing the path for a loan via the IMF's Extended Fund Facility (EFF). -
Composition of Sri Lanka's Gross Official Reserves
(Colombo: Verite Research, 2022-04-05)The reported gross official reserves as of February 2022 stood at USD 2,311 MN, out of which 98% (USD 2,242 MN) consisted of short-term swaps maturing within 12 months. Whilst the quantity of reserves is important it is ... -
The Cost of a Kevili Table in 2023
(Colombo: Verite Research, 2023-04-14)During Avurudu 2023, the cost of preparing a Kevili table rose by 2.4 times since 2019. The ingredients used were taken from popular YouTube Channel Appe Amma. -
The Cost of a Kevili Table in 2024
(Colombo: Verité Research, 2024-04-06)During Avurudu 2024, the cost of preparing a Kevili table was 2% less than in 2023. The ingredients used were taken from the popular YouTube Channel Appe Amma. -
The Cost of Inflation: Sustaining 2015 Consumption in 2023
(Colombo: Verite Research, 2023-03-14)Sri Lanka's is set to experience a 160% increase in nominal GDP from the 2015 levels of LKR 11.6 trillion as projected nominal GDP for 2023 estimated at LKR 30.3 trillion. However, while the real GDP in 2023 remains ... -
Costs of Doing a Job For Urban Women In Sri Lanka - Infographics 2022
(2022)This IKR entry contains infographics done to disseminate the findings of the report "Costs of Doing a Job for Urban Women in Sri Lanka". The study found that the cost of doing a job is 1.6 times the compensation they ... -
Defence Sector Claims Nearly Half of State Salaries
(Colombo: Verite Research, 2023-06-02)According to the 2023 Budget Estimates, 15% of total recurrent expenditure of the government will be spent on salaries for government employees for the year 2023. As of 2023, the defence sector is estimated to claim nearly ... -
Earnings from Tourism: Are we getting it right?
(2022-03)Sri Lanka is expecting the earnings from tourism to play a significant role in driving the recovery of Sri Lanka’s foreign currency. However, there are important concerns accuracy of the estimated earnings from tourism. ... -
Economic Transformation Act (ETA) sets a primary balance target of 2.3% of GDP: Sri Lanka has achieved this target only once in last 74 years
(Colombo: Verité Research, 2024-08-27)The Economic Transformation Act (ETA), enacted recently, sets out five targets related to the fiscal management of the government to be achieved in the coming years. , These targets, mentioned below, are aimed at ensuring ... -
The EPF is the Single Largest Holder of Government Treasury Bonds
(Colombo: Verite Research, 2023-07-16)On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for ... -
Exceptionalism of Domestic Debt Restructuring in Sri Lanka
(Colombo: Verite Research, 2023-08-08)Sri Lanka's approach to Domestic Debt Restructuring (DDR) stands out in its specificity and methodology. Notably, the strategy is centred on restructuring superannuation funds and Central Bank Holdings. According to an IMF ... -
Expected GDP Outcomes - Budget 2023
(Colombo: Verite Research, 2022-11-15)Sri Lanka Budget 2023 expects a 27% year over year increase in nominal GDP, with an increase of LKR 6,519 Bn. from the revised 2022 estimates.