Browsing Econ by Title
Now showing items 100-119 of 251
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Interest payments weigh heaviest in 2022!
(Colombo: Verite Research, 2023-07-24)The central bank's annual report for 2022 reveals that interest payments have reached their highest level. This increase in interest payments suggests a significant debt burden on the government. The ratio of interest ... -
Interim Budget or Secret Budget?
(Colombo: Verite Research, 2023-08-03)The Ministry of Defense was specified as an implementing agency for two reasons. 1) to establish STEM focused branch campuses. STEM refers to approach of learning that integrates the areas of science, technology, engineering ... -
Interim Budget or Secret Budget?
(Colombo: Verite Research, 2023-08-03)24 expenditure proposals and 5 regulatory proposals were tracked in this assessment. Expenditure proposals refer to those proposals that involve capital expenditure by the government distributed across ministries etc. ... -
International Women's Day
(Colombo: Verite Research, 2023-03-08)In Sri Lanka women are half as likely to enter the labour market, and twice as likely to be unemployed than men. 82% of the unemployment for women comes from between the ages of 20 and 40. This is almost seven times the ... -
Is Maldives going down Sri Lanka's path?: Concern on Budget Deficits
(Colombo: Verite Research, 2023-08-16)Besides 2017 and 2018, Sri Lanka’s annual Primary Balance has consistently been a deficit with 2021 reporting the largest deficit of 6 percent. Maldives follows a consecutive negative trend in their Primary Balance with ... -
Is Maldives going down Sri Lanka's path?: Maldives is increasingly finding it difficult to cover recurrent expenditure
(Colombo: Verite Research, 2023-08-17)Since 1983, Sri Lanka has faced the continuous challenge of its revenue falling short of covering recurrent expenditure. Subsequently, when looking at Maldives’s fiscal performance it seems to echo Sri Lanka’s trajectory. ... -
Is Sri Lanka Addicted to Missing Revenue Targets?
(Colombo: Daily Mirror, 2023-10-30)It is all too familiar that Sri Lanka has a problem in meeting its budgeted revenue targets. Recently, a government member of parliament (MP) who voted in favour of the budget last year, said that the tax increases that ... -
Is the Pandemic the Sole Cause for the Depletion in Sri Lanka’s Foreign Reserves?
(Colombo: Verite Research, 2022-03-10)Sri Lanka’s usable foreign reserves fell from USD 7,642 MN in 2019 to USD 1,579 MN by the end of 2021. When compared with Sri Lanka’s regional peers during the pandemic, the decline in its reserves appears to only have ... -
Large Scale Infrastructure Small Scale Disclosure
(Colombo: Verite Research, 2023-09-04)Despite the Right to Information (RTI) Act’s proactive disclosure requirement, only 18% and 25% of information required to be disclosed on large-scale infrastructure projects were proactively disclosed online in 2022 and ... -
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
(Colombo: Daily Mirror, 2023-08-31)Large sums of money borrowed for large infrastructure projects is a key contributor to Sri Lanka’s Mountain of foreign debt, which the country is struggling to pay back. Lack of transparency, coupled with poor governance ... -
Let’s Shield the EPF With the Instincts of Winston Churchill
(Colombo: Daily Mirror, 2023-07-06)The private sector workers of Sri Lanka are required by law to transfer 23% of their incomes to the Employees’ Provident Fund (EPF) and the Employees’ Trust Fund (ETF) every month, towards their retirement savings. The EPF ... -
Logistics and Services in the Sri Lankan Economy
(Manila : Asian Development Bank Institute, 2017-10)Authors examine the growth, performance, and policy issues of the Sri Lankan service and logistics sectors. The government has clear priorities for these sectors, building on the country’s locational advantage. The policy ... -
The lure of Chinese loans : Sri Lanka’s experiment with a special framework to finance its infrastructure investments
(Colombo: Verité Research, 2022-08)China was the leading provider of external finance to Sri Lanka for infrastructure development during 2010-2016 accounting for 37% of the total. Sri Lanka borrowed USD 5,895 million from China for infrastructure development ... -
The lure of Chinese loans : Sri Lanka’s experiment with a special framework to finance its infrastructure investments - Presentation
(2022-09-22)China was the leading provider of external finance to Sri Lanka for infrastructure development during 2010-2016 accounting for 37% of the total. Sri Lanka borrowed USD 5,895 million from China for infrastructure development ... -
Mapping of Health Services Sector and the Current National Regulations in Sri Lanka
(Geneva: CUTS International, 2018-10)The note provides an overview of the current structure and status of the health service sector in Sri Lanka (including medical and health services). It also illustrates the challenges faced by, and regulations that govern ... -
Mapping of Medical Services Sector: Key Figures, Structure, and the Current National Regulations
(Geneva: CUTS International, 2019-01)This note provides information on the medical services sector, along the lines of outpatient services and dental services. It also illustrates the challenges faced by, and regulations that govern the sector. -
More Than Schooling : Understanding Gender Differences in the Labor Market When Measures of Skill Are Available
(World Bank Group, 2018-09-19)This paper uses measures of cognitive and noncognitive skills in an expanded definition of human capital to examine how schooling and skills differ between men and women and how those differences relate to gender gaps in ... -
Natural Disaster Insurance Coverage
(Colombo: Verité Research, 2018-04)Despite an increasing number of natural disasters in recent years, Sri Lanka suffers from a limited uptake of natural disaster insurance coverage. Sri Lanka’s small and medium enterprises (SMEs) are especially vulnerable ... -
Navigating Sri Lanka's Debt: Better Reporting Can Help – A Case Study on China Debt
(Colombo: Verité Research, 2021-02)This brief shows that the failure to factor external debt outside central government agencies leads to an underestimation of Sri Lanka’s debt. This underlying informational problem is illustrated in three sections. The ... -
Navigating Sri Lanka's Debt: Better reporting can help – a case study on China debt = ශ්රී ලංකාවේ ණය කළමනාකරණයට නිවැරදි වාර්තාකරණයේ වැදගත්කම – චීන ණය පිළිබඳ සිද්ධි අධ්යයනයක්
(Colombo: Verité Research, 2021-02)The published information on debt underestimates Sri Lanka’s overall external public debt burden and its distribution amongst external lenders. This problem arises because Sri Lanka’s reporting of external debt is limited ...