Econ
Browse by
This collection contains all research outputs of Econ Team i.e. Articles; Policy Notes; Public Seminars; Research Reports.
Collections in this community
-
Articles [27]
-
Infographics [197]
-
Public Seminars [11]
-
Research Reports [75]
Recent Submissions
-
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 ... -
Sri Lanka in South Asia: 2nd in GDP, 5th in government revenue share
(Colombo: Verité Research, 2025-06-30)Sri Lanka lifted its government revenue to 13.5 per cent of GDP in 2024, the highest level in more than a decade. Yet, it still trails most South Asian neighbours in terms of government revenue. Academic research indicates ... -
Sri Lanka’s Personal Income Taxpayer Base Lags Behind South Asian Peers Despite Recovery
(Colombo: Verité Research, 2025-08-15)The number of people registered for personal income tax (taxpayer base) in Sri Lanka recovered in 2024 to the high levels seen in 2019. However, despite this rebound, Sri Lanka still lags behind its regional peers. In ... -
Budget 2026: LKR 500 Bn Supplementary Allocation for Cyclone Ditwah Recovery Narrows Fiscal Space
(Colombo: Verité Research, 2026-01-12)On 19 December 2025, the Sri Lankan Parliament approved a supplementary allocation of LKR 500 billion (approximately USD 1.6 billion) to fund recovery efforts following the devastation caused by Cyclone Ditwah. However, ... -
2024 Budget Proposal Progress: Majority of the Proposals With Less Than 80% Financial Utilisation
(Colombo: Verité Research, 2025-11-03)In November 2023, the then Finance Minister, President Ranil Wickremesinghe, presented 50 expenditure budget proposals with a value of LKR 212,740 million to Parliament. Of these, 24 proposals worth over LKR 500 million ... -
Sri Lanka’s Budget Deficit Halved as Revenue Climbed up and Capex fell
(Colombo: Verité Research, 2025-10-24)Sri Lanka’s fiscal performance improved significantly during the first eight months of 2025. The budget deficit was reduced by more than fifty per cent compared to the same period last year, as increased revenue growth ... -
Budget 2026: Parliament and the Public Deprived of Real Numbers
(Colombo: Verité Research, 2025-12-12)Sri Lanka’s Constitution grants Parliament full control over public finances, exercised primarily through the debate and approval of the annual budget. In practice, however, the public finance and budgeting system has long ... -
Appropriation Bill 2026: Overall Summary and Ministry Allocations
(Colombo: Verité Research, 2025-10-14)The Appropriation Bill for 2026 sets government expenditure (excluding capital repayments) at LKR 7,128 billion. For 2026, the First Schedule allocates LKR 4,434 billion for non-debt-servicing: LKR 3,028 billion for recurrent ... -
Looking beyond the Economic Transformation Bill: Three Steps Sri Lanka Can Take to Increase the Supply of High-Quality Investment Zones
(Colombo: Verité Research, 2024-07)This note proposes three steps Sri Lanka could take to construct and manage high quality Investment Zones, drawing from regional and global best practices. First, is enacting a separate, overarching legislation to ... -
Revised Fuel Price Formula – Methodology Update
(Colombo: Verité Research, 2025-01)This document explains the updated methodology adopted by PublicFinance.lk for calculating fuel prices in Sri Lanka. It outlines the changes made to the original 2018 IMF-assisted fuel price formula used by the Ministry ... -
Youth Labour Market Assessment: Sri Lanka - 2018
(Colombo: Verité Research, 2018)The 2018 Youth Labour Market Assessment builds on the groundwork laid down in the preceding year and provides information and guidance for project interventions. With this objective in mind, researchers engaged in a variety ... -
Weekly Air quality update: Week ending 02 August 2025
(2025-08-02)This infographic displays the air quality in the cities of Badulla, Colombo 07, Puttalam, Pelawatte, Monaragala, Maharagama, Kiribathgoda and Kandy cities for the week of July 27 to August 2, 2025. It was developed under ... -
Petrol and Diesel Market Price vs. Formula Price in June 2025
(Colombo: Verité Research, 2025-06-04)Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of ... -
Revenue was raised by 5.4% of GDP in 3 years
(Colombo: Verité Research, 2025-05-16)Between 2021 and 2024, Sri Lanka’s government revenue and grants rose from 8.3% to 13.7% of GDP— a 65% increase in just three years. This marks a significant turnaround from the historic low of 2021, when tax cuts substantially ... -
Petrol and Diesel Market Price vs. Formula Price in May 2025
(Colombo: Verité Research, 2025-05-03)In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive ... -
Petrol and Diesel Market Price vs. Formula Price in April 2025
(Colombo: Verité Research, 2025-04-02)In April 2025, the market price of Petrol 92 Octane reduced by LKR 10 aligning itself to the reduction in the cost reflective formula price. The price of Auto Diesel, however, did not reduce even though the formula price ... -
Petrol and Diesel Market Price vs. Formula Price in March 2025
(Colombo: Verité Research, 2025-03-05)Since December 2024, the market prices of 92-octane petrol and auto diesel have remained at LKR 309 and LKR 286 per litre, respectively, despite fluctuations in formula prices between January 2025 and March 2025. According ... -
Budget 2025 - Key Expenditure Proposals
(Colombo: Verité Research, 2025-02-25)On 17 February, President Anura Kumara Dissanayake delivered his first budget speech for the 2025 fiscal year. Among the expenditure proposals outlined in the budget, the largest is the salary increase for government ... -
VAT's Maldives got right?
(Colombo: Verité Research, 2025-02-09)Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax rate collects nearly 5 times more through its Goods and Services Tax (GST). In 2023, Sri Lanka’s ... -
Sri Lanka’s new personal income tax structure reduces tax burden across income groups
(Colombo: Verité Research, 2024-12-20)In his recent address to Parliament, the President announced proposed reforms to Sri Lanka’s Personal Income Tax (PIT) system. These changes include raising the tax-free monthly income threshold from LKR 100,000 to LKR ...
RSS 1.0