Browsing by Author "Rajakulendran, Raj Prabu"
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13% primary expenditure rule proposed for Sri Lanka departs from economic theory and practice
Verité Insights;Vol. 12, No. 02 – July 2024
Kapilan, Anushan; Pabasara, Chathuni; Rajakulendran, Raj Prabu (Colombo: Verité Research, 2024-07)The 13% primary expenditure rule proposed in a new public finance bill is at odds with established economic theory. It will undermine “good” public spending that enhances growth, efficiency, and social welfare. It will also ... -
De-mystifying Increase in Sri Lanka’s Debt
Verité Insights; Vol 10, No 01 - February 2022
Arangala, Mathisha; Musammil, Miflal; Rajakulendran, Raj Prabu (Verité Research, 2022-02)In the last 70 years, Sri Lanka has never been in a more precarious position with regard to the repayment of its debt, than at present, in December 2021. There is much that is said in the media about the increase in Sri ... -
IMF Programme: Performance Evaluation - August 2023
Rajakulendran, Raj Prabu (Colombo: Verité Research, 2023-08)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 - July 2023
Rajakulendran, Raj Prabu (Colombo: Verité Research, 2023-07)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 - 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 ... -
Stealth Reduction of Cigarette Tax Rates
Verité Insights; Vol. 13; No. 01 - January 2025
Rajakulendran, Raj Prabu; Weerasinghe, Mahasen (Colombo: Verité Research, 2025-01)The tax-in-price for cigarettes in Sri Lanka has reduced dramatically since 2020, falling below both the international benchmark of 75% and past norms in Sri Lanka. It fell to 68.8% for the most sold brand (MSB) and 69.9% ... -
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 ...
