Browsing Econ by Title
Now showing items 122-141 of 251
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Only 11 out of 52 SOEs have Published Financial Data up to 2022!
(Colombo: Verite Research, 2023-07-13)Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s ... -
Open Budget Survey 2019 (Presentation)
(Colombo: Verité Research, 2020-06-04)Government budget decisions—what taxes to levy, what services to provide, and how much debt to take on—affect how equal a society is and the well being of its people, including whether the most disadvantaged will have real ... -
Open Budget Survey 2021 in Context: South Asia
(Colombo: Verité Research, 2022-02)In an effort to make the Open Budget Survey (OBS) better reflect the views of their civil society partners and respond to requests by stakeholders, including development partners, IBP commissioned a set of regional briefs, ... -
Opening up Trade Data: The Benefits to Sri Lanka
(Colombo: Verité Research, 2020-06)International trade data are the foundational basis when formulating trade policies and assessing their impacts. Trade data is vital for firms engaging in international trade to make sound business decisions. Unfortunately, ... -
Organic Fertiliser Transition in Sri Lanka: Farmers Were Providing an Early Warning of a Food Shortage = ශ්රී ලංකාව කාබනික පොහොර වෙතට මාරු වීමට දැරූ ප්රයත්නය: ගොවීන්ගෙන් ආහාර හිඟයක් පිළිබඳ පූර්ව අනතුරු ඇඟවීමක්
(Verité Research, 2021-09)Sri Lanka introduced a ban on chemical fertiliser importation, and a shift to organic fertiliser starting April 2021. As existing stocks were beginning to deplete Verité Research conducted a survey in July to capture the ... -
Over Estimation of Social Security Contribution
(2021-12-10)Budget 2022 proposed a Social Security Contribution (SSC) tax to rebuild the Sri Lankas Economy from the COVID- 19 pandemic. SSC is charged at 2.5% on an annual turnover exceeding LKR 120 million. This tax is proposed to ... -
Ownership of Sri Lanka’s Outstanding Foreign Debt in 2020
(Colombo: Verite Research, 2022-02-15)Sri Lanka owes approximately 40% of its total central government debt to foreign creditors in the form of bilateral debt, multilateral debt and financial markets. The infographic shows the distribution of ownership of the ... -
Post-Covid19: Can the Sri Lankan apparel sector benefit from US-China decoupling? A statistical analysis
(National Science Foundation, Sri Lanka, 2021)The “US-China decoupling” has received much attention with the deterioration of US-China diplomatic and economic ties under the Trump administration. US firms seeking to reduce their reliance on China offers an economic ... -
Power Cuts in Sri Lanka 2012: A Critical Review
(Colombo: Verité Research, 2012-08)This report analyses the explanations provided by the government in announcements regarding scheduled power cuts in 2012. The standard explanations for power cuts were: (i) Unexpectedly high growth in demand; (ii) Shortage ... -
Private Sector Participation in Sri Lanka’s Tertiary Education: A review of information and data
(Colombo: Verite Research, 2017-11)This study presents a review of the topics relevant to the debate on private sector participation in tertiary education. These include: the structure of the tertiary education sector; the legislation underlying the ... -
The Problem with Procurement
(Colombo: Verite Research, 2023-10-04)Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparency platform. The online transparency platform was to be operational by March 2023, but the ... -
Provincial Council Receipts and Expenditure in 2020
(2021-11-02)The finance commission makes an annual recommendation on the allocation of funds required to meet the needs of provincial councils to the government. The Western Province has the highest absolute value, and the North Central ... -
Public Debt Increases in Dollar Value While Decreasing in Rupee Value
(Colombo: Verite Research, 2023-12-19)According to recent data published by the Ministry of Finance, public debt in dollar terms fell from USD 97 Bn (end 2021) to USD 85 Bn (end 2022), however rose again to USD 91 Bn by September 2023. The debt stock in ... -
Public Finance Training for Journalists and Civil Society Organizations - 2023 (Presentation)
(2023)Verité Research conducted a series of public finance training sessions specifically designed for journalists and Civil Society Organizations (CSOs). The objectives of the training were to improve journalists' and CSOs' ... -
Public Report on the 2021 Budget - Assessment of the Fiscal, Financial and Economic Assumptions Used in the Budget Estimates
(Colombo: Verité Research, 2020-11)The 2021 budget presented to parliament on 17 November 2020 sets out the government’s proposals for raising public funds through taxation and proposals for expenditure during the year. These proposals form the key components ... -
Public Report on the 2021 Budget: Assessment on Whether the Expenditure Allocations and Taxation Policies are in Line with the Governments Policy
(Colombo: Verité Research, 2021-03)This report will assist the public and other stakeholders in understanding the adequacy, credibility and prioritisation of the government’s expenditure allocations and taxation policies and the extent to which these are ... -
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions Used in the Budget Estimates
(Colombo: Verité Research, 2021)The 2022 budget was presented to the parliament on November 12, 2021, outlining the government’s proposals to raise public funds through taxation and proposals for expenditure during the year. These proposals form the ... -
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates - Infographics
(2021-12)The 2022 budget was presented to the parliament on November 12, 2021, outlining the government’s proposals to raise public funds through taxation and proposals for expenditure during the year. These proposals form the ... -
A Rational Method for Cabinet Formation in Sri Lanka: A White Paper
(Colombo: Verité Research, 2020-08)Ministries are the overarching bodies that house relevant government bodies such as departments and authorities in charge of a particular subject area. They are responsible for the formulation and approval of national level ... -
Reallocation of Funds Can Help Finance an Election
(2022-06)The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects ...