Browsing by Author "Rajkulendran, Raj Prabu"

Now showing items 1-6 of 6

    • Does Sri Lanka Need More Rules or Better Compliance? 

      Verite Insights;Vol. 04, No.01
      Rajkulendran, Raj Prabu       (Colombo: Verite Research, 2023-02)
      The government of Sri Lanka proposed introducing a new law to establish stronger rules on public finance management. The analysis shows that the core weakness in Sri Lanka is not the lack of rules but the lack of compliance. ...

    • Impact of FOREX Crisis and Solutions for the National Economy 

      Rajkulendran, Raj Prabu; de Mel, Nishan (Verité Research, 2022-01)
      This presentation assesses the reasons for the current unprecedented crisis and the how the current crisis differs from the previous crisis Sri Lanka has been in. This presentation also assesses, the solutions for the ...

    • Restoring Economic Stability in Sri Lanka: An Overview of the IMF Extended Fund Facility 

      Peiris, Udara; Rajkulendran, Raj Prabu (Colombo: Daily Mirror, 2023-04-13)
      On March 20, 2023, the International Monetary Fund (IMF) Board approved Sri Lanka's 17th IMF programme, under the Extended Fund Facility (EFF) arrangement, aimed at addressing the significant economic challenges faced by ...

    • Restoring Efficient Tax Collection Methods: Withholding Tax and Pay-As-You-Earn 

      Background Note;No. 01
      Gunewardena, Dileni; de Mel, Nishan; Moore, Mick; Devarajan, Shanta; Rajkulendran, Raj Prabu; Siyambalapitiya, Sumini       (Colombo: Verite Research, 2022-06)
      The note estimates the additional revenue that can be collected from reinstating in Sri Lanka two methods of efficient tax collection that were discontinued in 2020. That is: the withholding tax (WHT) and the pay-as-you-earn ...

    • Retirement Funds Face Regressive Taxation in Sri Lanka 

      Verite Insights;Vol. 12, No.02
      Rajkulendran, Raj Prabu       (Colombo: Verite Research, 2023-09)
      In September 2023, Sri Lanka became the only country to restructure local currency debt by exclusively targeting retirement savings funds, excluding all others. This was justified by claiming that retirement savings were ...

    • Why Tracking the IMF Programme Implementation is of Public Interest 

      de Mel, Nishan; Rajkulendran, Raj Prabu (Colombo: Daily Mirror, 2023-05-25)
      As Sri Lanka enters its 17th International Monetary Fund (IMF) programme, a critical question remains. Will the country break from the past patterns of inconsistency and failure in following the plan it lays out with the ...