Browsing Infographics by Title
Now showing items 92-111 of 163
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Reallocation of Funds Can Help Finance an Election
(2022-06)The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects ... -
Relief Package: What it Entails and How Will it be Financed?
(2022-02-01)In response to rising living cost with inflation rate of 12.1%1 in December 2021, the cabinet of ministers approved a relief package amounting to LKR 229 billion on the 3rd of January 2022. The following infographic depicts ... -
Revenue foregone by government due to tax concessions
(Colombo: Verité Research, 2024-04-01)For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The foregone revenue amounts to 56% of the total tax revenue ... -
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 ... -
Sanitary napkins: Subjected to unreasonably high taxes
(Colombo: Verité Research, 2024-03)The total tax burden on Sanitary napkins in 2024 is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewellery, raw silk, golf clubs and golf balls and military artillery weapons. -
Sectoral Allocations for the 2023 Budget
(Colombo: Verite Research, 2022-11-15)Sectoral allocations from the 2023 Budget, ranging from defence to water and sanitation. This was presented in the Budget speech for 2023. -
Sectoral Allocations: Budget 2024
(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. -
Share of Foreign debt has increased to 47% of total debt by April 2022
(Verité Research, 2022-08-16)Foreign debt as a percentage of total outstanding government debt increased from 37% at the end of 2021 to 47% in the first quarter of 2022. On average for the past decade domestic debt has accounted for 56% and foreign ... -
Shrinking Tax Base Increases Tax Burden on Existing Taxpayers
(Colombo: Verite Research, 2022-03-30)The income tax per person is calculated as the total government revenue from income tax (including PAYE) divided by the total registered taxpayers for income tax which includes Individual Tax Payers and Employees paying ... -
Sources of Financing for Top 5 Ministries That Received the Highest Allocation in the 2022 Budget
(2022-01-25)Based on the 2022 approved Budget estimates in 2020, 87% of government expenditure was financed via domestic sources and 13% was financed via foreign sources. In 2021 91% of expenditure is estimated to be financed domestically ... -
Sri Lanka failed 2 IMF commitments and met 25 by end-April
(Colombo: Verite Research, 2023-05-23)By the end April 2023, Sri Lanka had fulfilled 25% of its trackable commitments under the IMF program. Sri Lanka fell short on two commitments that were expected to be fulfilled by April 2023. The first of these is related ... -
Sri Lanka Has Set a Global Precedent in Domestic Debt Restructuring
(Colombo: Verite Research, 2023-08-24)This infographic looks at other countries that have also gone through domestic debt restructuring (DDR) since 1998 and the ways they have gone about this. Sri Lanka is the first country to use social security funds while ... -
Sri Lanka Has The Highest Inflation Amongst South Asia Peers
(Colombo: Verite Research, 2022-04-26)Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other ... -
Sri Lanka met 25% of IMF commitments and failed 1 by March
(Colombo: Verite Research, 2023-04-21)Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one. Many of the commitments met were classified as “prior ... -
Sri Lanka met 29 IMF commitments and failed 3 by end-May 2023
(Colombo: Verite Research, 2023-06-19)Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023. Two of the failed commitments relate to revenue. The first is to ... -
Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
(Colombo: Verite Research, 2023-07-17)Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight. Growing number of failed commitments, the number ... -
Sri Lanka met 35 IMF commitments and failed 7 by end-July
(Colombo: Verite Research, 2023-08-22)The share of Sri Lanka’s 100 trackable commitments in the International Monetary Fund (IMF) programme for which no data has been made available to assess progress — despite passing the agreed deadline — has increased from ... -
Sri Lanka met 41 IMF commitments and failed 11 by end-October
(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 ... -
Sri Lanka Missed Deadline to Create an Online Fiscal Transparency Platform
(Colombo: Daily Mirror, 2023-04-28)Sri Lanka misses the IMF deadline to create an online platform for fiscal transparency. However, some of the data is slated to be made public by the end of April. -
Sri Lanka Ports Authority – A Profitable SOE
(2022-05)The SLPA has made an operating profit since 2015. The SLPA revenue has consistently witnessed a growth from 2015 to 2019 , with a marginal decline in 2020.From 2016 onwards the SLPA has managed to make a net profits. A ...