Browsing Econ by Title

Now showing items 173-192 of 251

    • Sri Lanka's best kept secret 

      Econ Team (Colombo: Verite Research, 2023-11-01)
      The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with ...

    • Sri Lanka's Domestic Barriers to Trade: Case Studies of Agricultural Exports 

      Munas, Hasna; Abeysinghe, Subhashini; Wickramage, Dinoo (Colombo: Verité Research, 2017-02)
      Trade barriers refer to factors beyond the exporter’s direct control that adversely affect the cost, quality, quantity, or timely delivery of products. Such barriers found at home are termed domestic barriers, while those ...

    • Sri Lanka's Fiscal Targets for 2023 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-11-15)
      The infographic outlined that Government revenue was expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.

    • Sri Lanka's Government Revenue in 2021 Covered Only 41% of Expenditure 

      Raj Prabu, Rajakulendran (Verité Research, 2022-09-07)
      Government revenue in 2021 was only 41% of its expenditure, which was inadequate to cover even its recurrent expenditure. It falls short of the two largest recurrent expenditure components cumulatively - salaries & wages, ...

    • Sri Lanka's Unique Revenue Problem 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-04-28)
      Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship. For example, Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just ...

    • Sri Lanka-China FTA: Challenges and Opportunities - Insights from Analysing China’s Existing FTAs 

      TMA special report 2018
      Arangala, Mathisha Lovindu; Abeysinghe, Subhashini       (Colombo: Verité Research, 2018-04)
      Sri Lanka and China decided to enter into a Free Trade Agreement (FTA) in August 2013 to further expand trade between the two countries. Technical negotiations, which officially commenced in September 2014, are still ...

    • Sri Lanka: Domestic Workers and Employers Survey 

      Decent Work for Domestic Workers: Report; No. 2
      Abeysinghe, Subhashini; Kumarage, Aloka       (Colombo: Verité Research, 2015-03)
      VR conducted a survey among domestic workers and employers of domestic workers in Sri Lanka during the period of March to June 2014 and analysed the findings in terms of domestic workers' working standards, wages and ...

    • Sri Lanka: International Trade - Performance and Prognosis 

      TMA Special Report; Vol. 2, No. 1
      Abeysinghe, Subhashini       (Colombo: Verité Research, 2014-07)
      This brief provides a detailed analysis of  Sri Lanka's  trade performance during 2013 and the first quarter of 2014. The review highlights the external and internal drivers that shaped Sri Lanka's external trade developments. ...

    • Sri Lanka: International Trade - Performance and Prognosis 

      TMA Special Report;Vol. 1. No. 1
      Abeysinghe, Subhashini       (Colombo: Verité Research, 2013-11)
      This brief analyses Sri Lanka's international trade with special reference to its trade deficit, apparel sector and tea exports. It also analyses and evaluates the policies and structural issues Sri Lanka's trade faces.

    • A Sri Lankan Household Spends 24% of Average Monthly Expenditure for One Full Tank of Petrol 

      Public Finance Infographics;
      Econ Team       (2022-05)
      Sri Lanka's fuel prices increased rapidly within the last few months, even though the Government representatives stated that Sri Lanka still had the lowest fuel prices in the region. However, with the latest fuel prices ...

    • Sri Lanka’s Annual Average Sovereign Foreign Debt Repayments Amount to USD 4.4 bn from 2022 to 2027 

      Public Finance Infographics;
      Econ Team       (2022-09-21)
      The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2021 and the projected foreign debt service payments from 2022 to 2027.The breakdown of foreign debt ...

    • Sri Lanka’s Annual Average Sovereign Foreign Debt Repayments Amount to USD 4.4 bn from 2022 to 2027 

      Ravindu, De Silva (Verité Research, 2022-09-21)
      Sri Lanka's revenue has been insufficient to cover its recurrent expenditure since 1983. The gap between recurrent expenditure and capital expenditure in the country continues to grow, proving to be difficult to reduce, ...

    • Sri Lanka’s Export Problem: Not Concentration, But Composition 

      Abeysinghe, Subhashini; Munas, Hasna (Colombo: Verité Research, 2017-08)
      Sri Lanka's exports are heavily concentrated in a few markets and a few products. The government's recognition of export diversification as an important policy strategy to revive exports indicates that both market and ...

    • Sri Lanka’s Fitch Credit Rating Has Been Downgraded 7 Times During the Last 7 years (May 2015 – May 2022) 

      Public Finance Infographics;
      Econ Team       (2022-05)
      Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade ...

    • Sri Lanka’s IMF Programme Was Supposed To Succeed by Improving Governance. Will It? 

      Public Finance Infographics;
      Econ Team       (2024-06)
      On June 12, the IMF board will sign off on Sri Lanka’s third disbursement under the current programme. But Sri Lanka is still failing on the governance improvements that are foundational for its economic recovery. According ...

    • Sri Lanka’s Imports Were 4% Higher in 2021 When Compared to 2019 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-03-03)
      Sri Lanka’s Imports have grown by 4%, (USD 700 Million) from 2019 to 2021. One of the main contributors for this growth is the increase in the Medical and Pharmaceuticals imports by 60% which amounts to USD 330 Million. ...

    • Sri Lanka’s Revenue to GDP Ratio Reaches Its Lowest Level Since 1959 

      Public Finance Infographics;
      Econ Team       (2022-06)
      Data on Sri Lanka’s revenue to GDP ratio is available from 1959 onwards. The average tax to GDP ratio from 1959 to 2021 is 16%. In 2021 the tax to GDP ratio dropped to 8%, which the lowest ratio since 1959 and is half ...

    • Sri Lanka’s Short-Term Outflows Exceed Usable Reserves 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-02-15)
      Sri Lanka’s gross official reserves have been consistently declining since June 2019 and as of January 2022, usable foreign exchange reserves stand at USD 792 Mn, while the twelve-month outflows at end of 2021 stand at USD ...

    • State of the Budget Report 2022: Assessment on Whether the Expenditure Allocations and Taxation Policies are in Line with the Government’s Policy 

      De Silva, Dinuk; Mubarak, Faiq; Musammil, Miflal; Siyambalapitiya, Sumini; Randeniya, Ishini; Samarasinghe, Dharini (Colombo: Verite Research, 2022-03)
      This is the second report in a series of two reports on Sri Lanka's central government budget for the year 2022. The report assesses whether the expenditure allocations and taxation policies are in line with the government's ...

    • State-Owned Enterprise Reforms in Sri Lanka: The Way Forward 

      Knight, Malathy; Guruge, Aneesha; Cham, Maria Rowena (Manila : Asian Development Bank Institute, 2017-10)
      The authors provide a comprehensive analysis of Sri Lanka’s extensive SOE sector. The sector has witnessed episodes of nationalization and privatization and has been subject to varied degrees of competition. Yet, despite ...