Browsing Infographics by Title

Now showing items 62-81 of 163

    • IMF Programme: Performance Evaluation - June 2023 

      Rajakulendran, Raj Prabu (Colombo: Verité Research, 2023-06)
      The purpose of this analysis is to ensure that VR’s IMF Tracker can be used more effectively to raise public awareness about monitoring of public finance, and to increase its use by CSOs to monitor progress. The analysis ...

    • IMF Programme: Performance Evaluation - May 2023 

      Rajakulendran, Raj Prabu (Verite Research, 2023-06-19)
      The purpose of this analysis is to ensure that VR’s IMF Tracker can be used more effectively to raise public awareness about monitoring of public finance, and to increase its use by CSOs to monitor progress. The analysis ...

    • IMF Programme: Performance Evaluation - September 2023 

      Rajkulendran, Raj Prabhu (Verité Research, 2023-10)
      The purpose of this analysis is to ensure that VR’s IMF Tracker can be used more effectively to raise public awareness on the monitoring of public finance. The analysis will feed into enhancing public participation and ...

    • IMF Programme: Performance Evaluation - September 2023 - Transparency Falls to Lowest Point 

      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 ...

    • Infrastructure Watch 2023: Infographics 

      Pabasara, Chathuni (Colombo: Verité Research, 2023-09-06)
      Section 9 of the RTI Act No. 12 of 2016 mandates the Minister responsible for an infrastructure project to must disclose project information. In 2022, Verité Research assessed government compliance with the RTI Act's ...

    • Interest Costs Have Been Eating Up Revenue 

      Public Finance Infographics;
      Econ Team       (Colombo: Verité Research, 2024)
      In 2023, for the first time in history, the government spent 9% of its GDP on interest payments, which took up 80% of the government revenue. A high interest-to-revenue ratio can be severely detrimental to a country's ...

    • Interest payments weigh heaviest in 2022! 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-24)
      The central bank's annual report for 2022 reveals that interest payments have reached their highest level. This increase in interest payments suggests a significant debt burden on the government. The ratio of interest ...

    • Interim Budget or Secret Budget? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-03)
      The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering ...

    • Interim Budget or Secret Budget? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-03)
      24 expenditure proposals and 5 regulatory proposals were tracked in this assessment. Expenditure proposals refer to those proposals that involve capital expenditure by the government distributed across ministries etc. ...

    • International Women's Day 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-03-08)
      In Sri Lanka women are half as likely to enter the labour market, and twice as likely to be unemployed than men. 82% of the unemployment for women comes from between the ages of 20 and 40. This is almost seven times the ...

    • Is Maldives going down Sri Lanka's path?: Concern on Budget Deficits 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-16)
      Besides 2017 and 2018, Sri Lanka’s annual Primary Balance has consistently been a deficit with 2021 reporting the largest deficit of 6 percent. Maldives follows a consecutive negative trend in their Primary Balance with ...

    • Is Maldives going down Sri Lanka's path?: Maldives is increasingly finding it difficult to cover recurrent expenditure 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-08-17)
      Since 1983, Sri Lanka has faced the continuous challenge of its revenue falling short of covering recurrent expenditure. Subsequently, when looking at Maldives’s fiscal performance it seems to echo Sri Lanka’s trajectory. ...

    • Is the Pandemic the Sole Cause for the Depletion in Sri Lanka’s Foreign Reserves? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-03-10)
      Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with Sri Lanka’s regional peers during the pandemic, the decline in its reserves appears to only have ...

    • 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 ...

    • 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 ...