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  • Property Taxes in Sri Lanka: Proposal for a More Effective Valuation Method 

    Policy Brief;October 2025
    Moore, Mick
    (Colombo: Verité Research, 2025)
    This paper focuses on reforming Sri Lanka’s main property tax, commonly known as the rate assessment system, which currently generates only tiny amounts of revenue for local councils. Despite its potential to provide ...
  • Verité Research Debt Update - July 2025 

    Verité Research Debt Update; Issue 06
    de Mel, Nishan; Rajakulendran, Raj Prabu; Wickramaarachchi, Harshana
    (Colombo: Verité Research, 2025-07-28)
    This edition analyses Sri Lanka’s final December 2024 debt restructuring deal, highlighting that a significant portion of the debt burden was deferred rather than reduced. Around one-third of the debt service in NPV terms—and ...
  • Accountability: Why the Sri Lankan Economy Collapsed and How to Revive it 

    Background Note;No. 07
    Shantayanan, Devarajan
    (Colombo: Verité Research, 2025-07)
    This paper argues that the root cause of Sri Lanka’s 2022 economic collapse lies not merely in recent missteps, but in long-standing policies that weakened citizens’ ability to hold their government responsible. Despite ...
  • Borrowing from Peter to Pay Paul: Measuring the Commercial Debt Burden Created by Concessional Debt 

    Working Paper;April 2025 - 02
    de Mel, Nishan; Rajakulendran, Raj
    (Colombo: Verité Research, 2025-02)
    The paper develops an analytical method and metric for evaluating the extent to which a nation’s budget support commercial debt is necessitated by the obligation to repay concessional project loans of the past. This is ...
  • Forensic Audit of Central Bank 2019: Assessment of losses to the EPF 

    Research Brief;February 2025
    Economics Team
    (Colombo: Verité Research, 2025-02)
    This note examines the bond and equity market forensic audit reports to ascertain the scale of the EPF’s losses in the past. It also highlights a significant underestimation of the actual losses, as the forensic audit ...

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