Econ: Recent submissions
Now showing items 1-20 of 364
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Petrol Market Price vs. Formula Price in March 2026
(Colombo: Verité Research, 2026-03-05)The government announced its monthly fuel price revision on 28th February, as global oil prices surged amid conflict in the Middle East. However, the revision is based on international price inputs up to end-February, ... -
Budget 2026: 16% of the proposals have no estimates
(Colombo: Verité Research, 2026-03-12)The 2026 State of the Budget report of the Verité Research checks if forecasts are realistic, tax money is used well, documents match, and the PFM Act is followed. Several proposals in Budget 2026 lack expenditure or ... -
The Cost of New Year Kevili Table in 2026
(Colombo: Verité Research, 2026-04-10)The cost of a traditional kevili table for the Sinhala and Tamil New Year has risen by 7% in 2026 compared to 2025. A kevili table, a customary feature during New Year celebrations in Sri Lanka, includes an assortment ... -
What does the 2026 State of the Budget Report look into?
(Colombo: Verité Research, 2026-02-03)The 2026 State of the Budget report checks if forecasts are realistic, tax money is used well, documents match, and the PFM Act is followed. -
Apparel Exports from Sri Lanka to the EU : A Product Level Analysis of the Impact of GSP+
(Colombo: Verité Research, 2022-09)Concerns about Sri Lanka losing GSP+ concessions resurfaced with the EU parliament passing a resolution on June 10th, 2021, calling the EU Commission and the European External Action Service (EEAS) to use GSP+ as leverage ... -
A Novel Governance - Linked Bond : As a Pareto Improving Instrument for Debt Restructuring
(Colombo: Verité Research, 2024-06)This working paper outlines the technical and incentive dynamics for a proposed new sovereign debt instrument designed for countries with high country risk premiums, where this risk is, ceteris paribus, correlated with the ... -
FCTC Evaluation : Sri Lanka’s Compliance with Article 6 - Price and Tax Measures to Reduce the Demand for Tobacco
(Colombo: Verité Research, 2016-08)This briefing note evaluates Sri Lanka’s compliance with Article 6 of the FCTC through its existing policies on tobacco control. Section 2 of the briefing note provides an overview to Article 6 of the FCTC and its ... -
Improving National Budget Practices : Solutions for a Professional Government
(Colombo: Verité Research, 2020-02)Verité Research conducted a forum on ” Improving National Budget Practices: Solutions for a Professional Government” on the 27th of February 2020 at Hilton Colombo. At this forum it discussed how the government can improve ... -
Backwards in Blacklisting : Gaps in Sri Lanka’s Procurement Framework Enable Corruption
(Colombo: Verité Research, 2023-11)This brief critically evaluates Sri Lanka’s public procurement system. It highlights two significant gaps: the legal gap, where procurement guidelines don’t allow for blacklisting contractors/suppliers involved in fraud ... -
Proposal for a Governance-Linked Bond in Restructing Sri Lanka's Debt - Version 3
(Colombo: Verité Research, 2024-02)To address the governance risk to debt sustainability and provide incentives for the Government of Sri Lanka to implement governance reforms, this proposal sets out the structure of a novel sovereign debt instrument that ... -
State of the Budget 2023 : Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
(Colombo: Verité Research, 2023-04)The State of the Budget 2023 report compiled by Verité Research assesses the financial, economic and fiscal assumptions, the computation of estimates, and reporting standards applied in the 2023 Budget Speech. State of the ... -
State of the Budget 2024 : Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
(Colombo: Verité Research, 2024-03)The State of the Budget 2024 report compiled by Verité Research assesses the financial, economic and fiscal assumptions, the computation of estimates, and reporting standards applied in the 2024 Budget Speech. The state ... -
அரச உட்கட்டமைப்பு வசதிகள் மீது பொதுமக்களுக்குரிய நலன்களை பாதுகாப்பதற்கான வாய்ப்புக்கள்: இலங்கையின் ஒழுங்கு முறைச்சட்டகங்கள் பற்றிய மீளாய்வு
(Colombo: Verité Research, 2022-02)உட்கட்டமைப்பில் முதலீடு செய்வது அபிவிருத்திக்கு இன்றியமையாதது. எவ்வாறாயினும், பலவீனமான ஆளுகையின் பின்னணியில், பெரிய மற்றும் பல்கூட்டு உட்கட்டமைப்பிற்கான அரச முதலீடு ஊழலுக்கான வளமான களமாக மாறி, விளைவாக நீடுறுதியல்லாத, ... -
පොදු යටිතල පහසුකම් තුළ මහජන සුබසිද්ධිය සුරැකීමට ඇති අවස්ථා : ශ්රී ලංකාවේ නියාමන රාමු පිළිබඳ සමාලෝචනයක්
(Colombo: Verité Research, 2021-02)යටිතලපහසුකම් සඳහා කරන ආයෝජනයන් රටක සංවර්ධනයට අතිශයින් වැදගත් වේ. කෙසේ වෙතත් දුර්වල පාලනයක් පවතින සන්දර්භයක් තුළ මහා පරිමාණ සහ සංකීර්ණ යටිතලපහසුකම් සංවර්ධන ව්යපෘති දුෂණයන්ට ඉතා හිතකර පසුබිමක් බවට පත්විය හැකි අතරම අපේක්ෂිත ... -
Opportunities to Protect Public Interest in Public Infrastructure: Review of Regulatory Frameworks in Sri Lanka
(Colombo: Verité Research, 2021-02)Investment into infrastructure is vital for development. However, in the context of weak governance, public investment into large and complex infrastructure can become a fertile ground for corruption and results in ... -
Accountability: Why the Sri Lankan Economy Collapsed and How to Revive it
(Colombo: Verité Research, 2025-07)This paper argues that the root cause of Sri Lanka’s 2022 economic collapse lies not merely in recent missteps, but in long-standing policies that weakened citizens’ ability to hold their government responsible. Despite ... -
Borrowing from Peter to Pay Paul: Measuring the Commercial Debt Burden Created by Concessional Debt
(Colombo: Verité Research, 2025-02)The paper develops an analytical method and metric for evaluating the extent to which a nation’s budget support commercial debt is necessitated by the obligation to repay concessional project loans of the past. This is ... -
Forensic Audit of Central Bank 2019: Assessment of losses to the EPF
(Colombo: Verité Research, 2025-02)This note examines the bond and equity market forensic audit reports to ascertain the scale of the EPF’s losses in the past. It also highlights a significant underestimation of the actual losses, as the forensic audit ... -
Property Taxes in Sri Lanka: Proposal for a More Effective Valuation Method
(Colombo: Verité Research, 2025)This paper focuses on reforming Sri Lanka’s main property tax, commonly known as the rate assessment system, which currently generates only tiny amounts of revenue for local councils. Despite its potential to provide ... -
Verité Research Debt Update - July 2025
(Colombo: Verité Research, 2025-07-28)This edition analyses Sri Lanka’s final December 2024 debt restructuring deal, highlighting that a significant portion of the debt burden was deferred rather than reduced. Around one-third of the debt service in NPV terms—and ...