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Now showing items 21-27 of 27
The Best Next Step for Improving Tax Collection
(Colombo: Daily Mirror, 2023-07-21)
In 2021, the country’s tax revenue as a share of gross domestic product (GDP)reached its lowest level since 1959 – dropping to just 8%. Increasing tax-to-GDP ratio is one of the most important measures of Sri Lanka’s ability ...
Improving Lankan Women’s Access to Economic Opportunities: The Business Case
(Colombo: Daily Mirror, 2023-03-30)
As we in Sri Lanka explore the pathways out of the current crisis, it is imperative that we acknowledge the mammoth contributions that women make to the economy, hidden and unpaid, and seriously consider how to improve ...
"Sugar Scam” is Not the Whole Iceberg: “Forestalling” Needs a Rule-of-Law Solution
(Colombo: Daily Mirror, 2023-11-09)
On 14 October 2020, taxes on imported sugar were slashed overnight from LKR 50 to LKR 25 cents per kilogram. That is a reduction of 99.5%. This led to much discussion in media and parliament about the large undue profits ...
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 ...
Restoring Economic Stability in Sri Lanka: An Overview of the IMF Extended Fund Facility
(Colombo: Daily Mirror, 2023-04-13)
On March 20, 2023, the International Monetary Fund (IMF) Board approved Sri Lanka's 17th IMF programme, under the Extended Fund Facility (EFF) arrangement, aimed at addressing the significant economic challenges faced by ...
The Debt Digest - March 2023
(Colombo: Daily Mirror, 2023-03-16)
The Debt Digest by Verité Research provides analytical commentary on the latest developments in Sri Lanka’s debt crisis. A key milestone in Sri Lanka’s path to recovery was the staff-level agreement with the IMF in September ...
Backwards in Blacklisting: Enabling Corruption in Procurement
(Colombo: Daily Mirror, 2023-11-23)
Failure to tackle corruption is a key factor that contributed to the economic crisis the country is faced with today. Taking concrete steps to reduce corruption, therefore, is critical to recover from the current crisis ...