Research Outputs: Recent submissions

Now showing items 221-240 of 2239

    • Is Sri Lanka Addicted to Missing Revenue Targets? 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-10-30)
      It is all too familiar that Sri Lanka has a problem in meeting its budgeted revenue targets. Recently, a government member of parliament (MP) who voted in favour of the budget last year, said that the tax increases that ...

    • "Sugar Scam” is Not the Whole Iceberg: “Forestalling” Needs a Rule-of-Law Solution 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-11-09)
      On 14 October 2020, taxes on imported sugar were slashed overnight from LKR 50 to LKR 25 cents per kilogram. That is a reduction of 99.5%. This led to much discussion in media and parliament about the large undue profits ...

    • Backwards in Blacklisting: Enabling Corruption in Procurement 

      Abeysinghe, Subhashini (Colombo: Daily Mirror, 2023-11-23)
      Failure to tackle corruption is a key factor that contributed to the economic crisis the country is faced with today. Taking concrete steps to reduce corruption, therefore, is critical to recover from the current crisis ...

    • For Sri Lanka, a Governance-Linked Bond Might Just Be the Ticket 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-12-21)
      It is a truth universally acknowledged that if Sri Lanka under-performs on its governance corrections, it will underperform on its economic recovery also (with apologies to Jane Austen), the first provides the foundation ...

    • 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 ...

    • Verite Research Debt Update - February 2023 

      Debt Update;Issue 01
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-02)
      This issue provides coverage and analysis on the financial assurance letters issued by China, India, The Paris Club and a group of private bond holders to the IMF on their commitment to support Sri Lanka’s debt restructuring ...

    • The Debt Digest - March 2023 

      de Mel, Nishan; Peiris, Udara (Colombo: Daily Mirror, 2023-03-16)
      The Debt Digest by Verité Research provides analytical commentary on the latest developments in Sri Lanka’s debt crisis. A key milestone in Sri Lanka’s path to recovery was the staff-level agreement with the IMF in September ...

    • Sri Lanka Falls Behind Least Developed Countries in Trade Facilitation: Here are Three Steps it Can Take to Reverse This Trend 

      Background Note;No.05
      Abeysinghe, Subhashini; Arangala, Mathisha       (Colombo: Verite Research, 2023-07)
      This note compares progress made by Sri Lanka against its regional competitors, other developing and least developed countries in facilitating trade by making import and export procedures of the country efficient, less ...

    • The Alternatives to Universal Tax Registration in Sri Lanka 

      Background Note;No.04
      de Mel, Nishan; Moore, Mick       (Colombo: Verite Research, 2023-02)
      This note argues that the Sri Lankan government’s recent proposal to implement universal tax registration is neither a viable nor effective strategy to increase the country’s tax revenue. Instead, the note proposes four ...

    • පඬුකරඳ ශාකය ගලවා ඉවත් කිරීම: රූපවාහිනී සහ පුවත්පත් වාර්තකරණයන් 

      Ethics Eye;
      Ethics Eye       (Colombo: Verité Research, 2023-07)
      During the month of July 2023, several newspapers and television channels covered the narrative supporting and opposing the cutting of the Crudia zeylanica tree. Newspapers such as Dinamina, Lankadeepa, Aruna and television ...

    • The Desirability of Domestic Debt Restructuring 

      Background Note;No. 03
      Peiris, Udara       (Colombo: Verite Research, 2022-10)
      Sri Lanka faces a challenge to emerge from the continuing economic crisis of unsustainable public debt. This paper sets out four important reasons to undertake an early domestic debt restructuring (DDR), by way of reprofiling ...

    • ඔබ තෝරාගන්නේ මින් කුමන සිරස්තලයද? 

      Ethics Eye;
      Ethics Eye       (Colombo: Verité Research, 2023-07)
      During the month of July 2023, articles published in Lankadeepa, Divaina and Dinamina newspapers and a news report broadcast by Hiru used the word "නරුමයා"(narumaya) to demonise a suspected father who first held his child ...

    • Targeting Assistance: Electricity Consumption is a Superior Method 

      Background Note;No. 02
      Siyambalapitiya, Sumini; Gunewardena, Dileni       (Colombo: Verite Research, 2022-07)
      This note recommends household electricity use as a determinant of eligibility for welfare benefits. As Sri Lanka’s crisis continues, up to 50% or more of the population is likely to need state support, however current ...

    • 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 ...

    • නිශේධනාත්මක නාමකරණ සහ මාධ්‍ය ආචාර ධර්ම 

      Ethics Eye;
      Ethics Eye       (Colombo: Verité Research, 2023-08)
      In the month of August 2023, Sinhala newspapers Dinamina, Divaina, Lankadeepa and Sinhala TV channel Hiru used derogatory terms such as "කුඩුකාරයා" (Kudukaraya), "කුඩ්ඩන්" (Kuddan) and "මත් ලෝලියා" (Math loliya) to ...

    • Inside the Chamber - Secretary General of Parliament 

      Parliamentary Research Team (Manthri.lk, 2024-02-16)
      This infographic delves into the Secretary General (SG) of parliament, who is the chief executive officer responsible for the efficient functioning of parliament and its related activities. It further covers their role and ...

    • Inside the Chamber - What’s a standing order? 

      Parliamentary Research Team (Manthri.lk, 2024-02-14)
      This infographic provides insight into Standing Orders of Parliament, which are considered to be the most important source of parliamentary procedure, which guides Parliament’s operations, debates and decision making. It ...

    • 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 ...

    • 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. ...

    • Inside the Chamber - The legislative process: How do laws pass? 

      Parliamentary Research Team (Manthri.lk, 2024-02-02)
      This infographic provides insight into the legislative process in parliament, discussing the types of government bills presented to parliament, including how these bills undergo the first, second and third reading. The ...