Browsing Econ by Title

Now showing items 229-248 of 251

    • Total SOE Losses in the first four months of 2022 Outweigh Annual Losses in 2021 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-09)
      During the first four months of 2022 the cumulative loss of State-Owned Enterprises (SOEs) amounted to LKR 860 BN. This figure outweighs the annual loss of SOEs in 2021. The top 3 contributors to the increase of the loss ...

    • Trading with China: Challenges and Policy Issues faced by MSMEs 

      Econ Team, Verité Research (Geneva: CUTS International, 2018-07)
      The note illustrates the views of, and challenges faced by Small and Medium Enterprises (SMEs) in exporting to China, with a focus on China’s trade policy and trade standards that may have hindered exports.

    • The Troubling Lack of Compliance by Public Authorities With RTI Act 

      Weerasooriya, Nishana; Talayaratne, Shannon (Colombo: Daily Mirror, 2023-09-28)
      Today (28 September) marks the international day for universal access to information. This year’s theme is ‘the importance of the online space for access to information'. Public access to information is an essential element ...

    • Unlocking the Potential of Data: A case study - Data dissemination practices in Sri Lanka Customs (Presentation) 

      Abeysinghe, Subhashini; Arangala, Mathisha (2020-09-17)
      Successful economies have increasingly recognised the importance of improving access to data collected by governments. Accurate, timely and easily accessible data helps private sector growth and results in improved delivery ...

    • VAT to reach 20 year high from January 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-01)
      Initially introduced in 2002, the VAT comprised two tiers: a 10% rate applicable to certain goods and services, and a 20% rate for others. However, in 2004, these rates were unified to a 15% rate, which was officially ...

    • 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 ...

    • Verité Research Debt Update - December 2023 

      Debt Update;Issue 04
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-12-01)
      This issue provides coverage on Sri Lanka’s debt restructuring and progress on the IMF program. This issue also includes analysis on the 2024 Budget and the need for improved governance for sustainable economic recovery. ...

    • Verité Research Debt Update - March 2023 

      Debt update;Issue 02
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-03-17)
      This issue provides coverage and analysis on the usability of the IMF financing and the volatility of the exchange rate. These are the key developments identified; 1) Sri Lanka is expected to reach board level agreement ...

    • Verité Research Debt Update - May 2023 

      Debt Update;Issue 03
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-05-17)
      This issue provides coverage and analysis of the IMF Debt Sustainability Analysis (DSA) and Sri Lanka’s progress on the 100 commitments outlined in the IMF program. The key developments identified were; 1) The IMF Debt ...

    • Violation of Fiscal Rules: Budget 2024 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-11-13)
      The proposed 2024 budget violates the deficit rule set in the Fiscal Management (Responsibility) Law of 5% of GDP.

    • W(h)ither environmental governance? - Limited access to information undermines meaningful public participation in development projects (Research Brief) 

      Research Brief;
      Abeysinghe, Subhashini; Arangala, Mathisha; Jayasinghe, Uween       (Colombo: Verite Research, 2021-06)
      There is a surge in public agitation against environmental destruction caused by ongoing development projects in Sri Lanka. The surfacing of environmental issues after construction has commenced is highly problematic for ...

    • Wading Through Murky Waters: A Case Study of Regulatory Ineffectiveness in Sri Lanka’s Import Tax Exemption Schemes 

      Munas, Hasna; Gnanasampathen, Revathy (Colombo: Verité Research, 2018-04)
      Import taxes are critical for government revenue. However, because these taxes are often high, the government has introduced import tax exemption schemes. Through these schemes, businesses can bypass certain taxes and save ...

    • What Caused the Rise in Tax Revenue from 2021 to 2022? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-06-30)
      In the Central Bank's Annual Report for 2022, the government's revenues witnessed a notable surge of 38%, soaring from Rs 1,484 billion to Rs 2,013 billion. A closer examination of the revenue breakdown reveals that a ...

    • Where's the promised land? 

      Econ Team (Colombo: Verite Research, 2023-11-01)
      Land access has been identified as a crucial barrier which inhibits foreign direct investment (FDI) in Sri Lanka. Investment zones, primarily Export Processing Zones (EPZs), are significantly influential in attracting FDI ...

    • Why did Sri Lanka fall short of revised 2022 tax revenue target? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-20)
      Sri Lanka missed its tax revenue target in 2022, falling short by Rs 101 bn. Prioritizing fiscal consolidation has been given greater importance as part of the current IMF program. A series of budget deficits, excessive ...

    • Why Does Sri Lanka Claim it Has Less Capacity Than Least Developed Countries for Trade Facilitation? 

      Abeysinghe, Subhashini; Arangala, Mathisha (Colombo: Daily Mirror, 2023-06-22)
      Higher costs and time resulting from opaque, complex, time consuming, manual export and and import procedures discourage businesses from engaging in international trade and undermine their international competitiveness. ...

    • Why Tracking the IMF Programme Implementation is of Public Interest 

      de Mel, Nishan; Rajkulendran, Raj Prabu (Colombo: Daily Mirror, 2023-05-25)
      As Sri Lanka enters its 17th International Monetary Fund (IMF) programme, a critical question remains. Will the country break from the past patterns of inconsistency and failure in following the plan it lays out with the ...

    • Will the budget's veil of secrecy be lifted in 2024? 

      Econ Team (Colombo: Verite Research, 2023-11-01)
      The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research. The government – on ...

    • Will the Increase in Cigarette Taxes Meet Budgeted Revenue? 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-01-05)
      On January 1st, 2023, the government decided to raise the excise taxes on cigarettes by 20%. The increase affected various sizes of cigarettes differently, with the smallest size (no larger than 60mm) seeing a tax increase ...

    • Will the Increase in Cigarette Taxes Meet Budgeted Revenue? 

      Team, Economics (Colombo: Verite Research, 2023-01-05)
      This infographic outlines the fact that, though there was an increase in excise taxes on tobacco at the start of January in 2023, this will still not help Sri Lanka reach its revenue target for the year.