Browsing Infographics by Title

Now showing items 51-70 of 128

    • IMF tracker: Infographics June 2023 

      Rajakulendran, Raj Prabu (Colombo: Verité Research, 2023-06)
      The purpose of this analysis is to ensure that VR’s IMF Tracker can be used more effectively to raise public awareness about monitoring of public finance, and to increase its use by CSOs to monitor progress. The analysis ...

    • IMF tracker: Infographics May 2023 

      Rajakulendran, Raj Prabu (Verite Research, 2023-06-19)
      The purpose of this analysis is to ensure that VR’s IMF Tracker can be used more effectively to raise public awareness about monitoring of public finance, and to increase its use by CSOs to monitor progress. The analysis ...

    • Infrastructure Watch 2023: Infographics 

      Pabasara, Chathuni (Colombo: Verité Research, 2023-09-06)
      Section 9 of the RTI Act No. 12 of 2016 mandates the Minister responsible for an infrastructure project to must disclose project information. In 2022, Verité Research assessed government compliance with the RTI Act's ...

    • Interest payments weigh heaviest in 2022! 

      Public Finance Infographics;
      Econ Team       (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? 

      Public Finance Infographics;
      Econ Team       (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? 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;
      Econ Team       (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 the Pandemic the Sole Cause for the Depletion in Sri Lanka’s Foreign Reserves? 

      Public Finance Infographics;
      Econ Team       (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 

      Public Finance Infographics;Public Finance Infographics;
      Econ Team; Econ Team       (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 ...

    • Only 11 out of 52 SOEs have Published Financial Data up to 2022! 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-07-13)
      Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s ...

    • Over Estimation of Social Security Contribution 

      Public Finance Infographics;
      Econ Team       (2021-12-10)
      Budget 2022 proposed a Social Security Contribution (SSC) tax to rebuild the Sri Lankas Economy from the COVID- 19 pandemic. SSC is charged at 2.5% on an annual turnover exceeding LKR 120 million. This tax is proposed to ...

    • Ownership of Sri Lanka’s Outstanding Foreign Debt in 2020 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2022-02-15)
      Sri Lanka owes approximately 40% of its total central government debt to foreign creditors in the form of bilateral debt, multilateral debt and financial markets. The infographic shows the distribution of ownership of the ...

    • The Problem with Procurement 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-10-04)
      Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public procurement contracts through an online fiscal transparency platform. The online transparency platform was to be operational by March 2023, but the ...

    • Provincial Council Receipts and Expenditure in 2020 

      Public Finance Infographics;
      Econ Team       (2021-11-02)
      The finance commission makes an annual recommendation on the allocation of funds required to meet the needs of provincial councils to the government. The Western Province has the highest absolute value, and the North Central ...

    • Public Debt Increases in Dollar Value While Decreasing in Rupee Value 

      Public Finance Infographics;
      Econ Team       (Colombo: Verite Research, 2023-12-19)
      According to recent data published by the Ministry of Finance, public debt in dollar terms fell from USD 97 Bn (end 2021) to USD 85 Bn (end 2022), however rose again to USD 91 Bn by September 2023. The debt stock in ...

    • Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates - Infographics 

      de Silva, Dinuk; Mubarak, Faiq; Musammil, Miflal; Hanifa, Hafsa; Siyambalapitiya, Sumini (2021-12)
      The 2022 budget was presented to the parliament on November 12, 2021, outlining the government’s proposals to raise public funds through taxation and proposals for expenditure during the year. These proposals form the ...

    • Reallocation of Funds Can Help Finance an Election 

      Public Finance Infographics;
      Econ Team       (2022-06)
      The infographic depicts the cost of an election in comparison to selected spending decisions undertaken by the government in 2022. In 2022 the government allocated LKR 19 billion for domestically funded defence projects ...

    • Relief Package: What it Entails and How Will it be Financed? 

      Public Finance Infographics;
      Econ Team       (2022-02-01)
      In response to rising living cost with inflation rate of 12.1%1 in December 2021, the cabinet of ministers approved a relief package amounting to LKR 229 billion on the 3rd of January 2022. The following infographic depicts ...