Econ
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This collection contains all research outputs of Econ Team i.e. Articles; Policy Notes; Public Seminars; Research Reports.
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Articles [27]
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Infographics [215]
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Public Seminars [11]
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Research Reports [76]
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Rubber product exports to US could fall by 28%
(Colombo: Verité Research, 8/4/2025)On 2 April, US President Donald Trump imposed a 44% tariff on Sri Lankan exports to the United States. This tariff significantly affects Sri Lanka's rubber product exports, the country's second-largest export to the US, ... -
Tobacco myths
(Colombo: Verité Research, 28/05/2025)There is a popular myth that cigarettes are overtaxed in Sri Lanka. But did you know that the tax share in the retail price of a cigarette was highest in 2021—yet still remained below the World Health Organization’s ... -
Did you know?
(Colombo: Verité Research, 20/05/2025)This infographic shows how tobacco companies often gain more than the government from cigarette price and tax increases. From 2017 to 2024, government revenue from cigarette taxes increased by 27.5%, while cigarette sales ... -
How a market shift ate into tax revenue
(Colombo: Verité Research, 18/06/2025)How the shift from longer to shorter cigarettes ate into Sri Lanka’s tax revenue Sri Lanka taxes cigarettes by length—shorter sticks face lower taxes. Between 2018 and 2024, the market shifted towards these cheaper, ... -
Sri Lanka's Progress on IMF Programme - May 2025
(Colombo: Verité Research, 1/5/2025)As of May 2025, 10% of Sri Lanka's IMF programme commitments were fully met 17% unknown (commitments that lack publicly verifiable information) 5% not met, and 68% remain pending (commitments that were not due for completion ... -
Verité Research Debt Update
(Colombo: Verité Research, 31/07/2025)This infographic highlights the outcomes of Sri Lanka’s debt restructuring. -
LKR 9.4 Bn in tax revenue was forgone by the government in 2024
(Colombo: Verité Research, 31/05/2025)This infographic shows how LKR 9.4Bn in tax revennue was forgone by the government in 2024 by failing to meet WHO's benchmark of 75% tax- in price for the most sold cigarette brand. -
Maldives Ends 2024 with negative net reserves
(Colombo: Verité Research, 30/04/2025)For the first time in its history, the Maldives' net international reserves fell below zero at the end of October 2024. This marks a critical point in the country’s external position and raises concerns about the adequacy ... -
Maldives' debt on a dangerous upward path despite 5% GDP growth
(Colombo: Verité Research, 9/6/2025)Maldives’ public debt rose to 134% of GDP in 2024, despite 5% GDP growth. The increase began during the COVID-19 pandemic and has continued due to persistent borrowing and high fiscal deficits, raising serious concerns ... -
Tax concessions account for half of the budget deficit
(Colombo: Verité Research, 31/03/2025)All sorts of tax concessions (reported as “tax expenditure”) costs the government almost a trillion rupees a year in potential revenue. In the financial year 2023/24 the tax expenditure statement published by the government ... -
Apparel exports to US could fall by 20%
(Colombo: Verité Research, 3/4/2025)On 2 April, US President Donald Trump imposed a 44 percent tariff on Sri Lankan exports to the United States. With apparel comprising 64 percent of these exports—valued at nearly USD 1.8 billion in 2023—Sri Lanka’s apparel ... -
Maldives' Interest Burden Doubles in 3 years
(Colombo: Verité Research, 27/03/2025)In 2024, the Maldives is expected to spend 5.1% of its GDP on interest payments for government debt, up from 2.6% in 2021. In 2019, it was only 1.7% which is one-third of the current level. With increased borrowing to ... -
Petrol Market Price vs. Formula Price in December 2025
(Colombo: Verité Research, 2025-12-08)Fuel price update The market price of petrol 92 remained unchanged while the formula price shot up by LKR 6.71, widening the gap between the two to LKR 7.96. This is the largest gap between the two prices in an ... -
Petrol and Diesel Market Price vs. Formula Price in November 2025
(Colombo: Verité Research, 2025-11-04)On 01 November 2025, the market price of Octane 92 Petrol reduced to LKR 294 from LKR 299 at the start of October, while the market price of Auto Diesel remained unchanged at LKR 277. Over that period, the prices computed ... -
Petrol and Diesel Market Price vs. Formula Price in October 2025
(Colombo: Verité Research, 2025-10-03)On 01 October 2025, the market price of Octane 92 Petrol remained unchanged at LKR 299.00, while the market price of Auto Diesel had reduced to LKR 277.00 from the LKR 283.00 price at the start of September. Over that ... -
Petrol and Diesel Market Price vs. Formula Price in August 2025
(Colombo: Verité Research, 2025-08-01)Fuel prices remained unchanged in August 2025, with the market price of Octane 92 Petrol at LKR 305.00 and Auto Diesel at LKR 289.00. However, the formula price for petrol fell to LKR 296.10 from LKR 301.12 in July, while ... -
Petrol and Diesel Market Price vs. Formula Price in September 2025
(Colombo: Verité Research, 2025-09-02)Fuel prices reduced in September 2025, with the market price of Octane 92 Petrol falling to LKR 299.00 from LKR 305.00 in August, and Auto Diesel declining to LKR 283.00 from LKR 289.00 in the same time frame. However, the ... -
Budget 2026: Disclosure in line with the professional standards expected in Public Financial Management Act?
(Colombo: Verité Research, 2026-02-05)The 2026 Budget, presented on 7 November 2025 by President Anura Kumara Dissanayake, is the first full-year budget prepared under the Public Financial Management Act No. 44 of 2024 (PFM Act). That status matters. The PFM ... -
State of the Budget 2026
(Colombo: Verité Research, 2026-01)This 5th edition of the State of the Budget by Verité Research provides an independent analysis of the National Budget for 2026 presented to the Parliament of Sri Lanka on 7 November 2025. It evaluates the budget’s financial, ... -
Gearing up for Budget 2026
(Colombo: Verité Research, 2025-09-26)Sri Lanka has lacked effective and convenient channels for public participation in the budget process. In the Open Budget Survey 2023, Sri Lanka had the lowest participation score in a decade and ranked 82nd out of 125 ...
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