Browsing Infographics by Title
Now showing items 85-104 of 129
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Sri Lanka Missed Deadline to Create an Online Fiscal Transparency Platform
(Colombo: Daily Mirror, 2023-04-28)Sri Lanka misses the IMF deadline to create an online platform for fiscal transparency. However, some of the data is slated to be made public by the end of April. -
Sri Lanka Ports Authority – A Profitable SOE
(2022-05)The SLPA has made an operating profit since 2015. The SLPA revenue has consistently witnessed a growth from 2015 to 2019 , with a marginal decline in 2020.From 2016 onwards the SLPA has managed to make a net profits. A ... -
Sri Lanka to be Saddled with High Interest Bill in 2024
(Colombo: Verite Research, 2023-10-09)The Appropriation Bill for Budget 2024 indicates an increase in allocated expenditure from LKR 5854 bn in 2023 to LKR 6563 bn in 2024. Interest payments saw a 20 percent rise, from LKR 2189 bn in 2023 to LKR 2634 bn. In ... -
Sri Lanka vs. IMF Programme Targets
(Colombo: Verite Research, 2023-01-13)Sri Lanka is currently entering its 17th IMF programme with the impending board level agreement. However, over the 54-year period from 1965 to 2019, Sri Lanka has been in an IMF programme for 28 of those years. In other ... -
Sri Lanka's best kept secret
(Colombo: Verite Research, 2023-11-01)The lack of fiscal transparency is a key factor that contributed to the present crisis and loss of credibility of the government, both at home and abroad. Several commitments made by the government in its agreement with ... -
Sri Lanka's Fiscal Targets for 2023
(Colombo: Verite Research, 2022-11-15)The infographic outlined that Government revenue was expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023. -
Sri Lanka's Government Revenue in 2021 Covered Only 41% of Expenditure
(Verité Research, 2022-09-07)Government revenue in 2021 was only 41% of its expenditure, which was inadequate to cover even its recurrent expenditure. It falls short of the two largest recurrent expenditure components cumulatively - salaries & wages, ... -
Sri Lanka's Unique Revenue Problem
(Colombo: Verite Research, 2023-04-28)Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship. For example, Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just ... -
A Sri Lankan Household Spends 24% of Average Monthly Expenditure for One Full Tank of Petrol
(2022-05)Sri Lanka's fuel prices increased rapidly within the last few months, even though the Government representatives stated that Sri Lanka still had the lowest fuel prices in the region. However, with the latest fuel prices ... -
Sri Lanka’s Annual Average Sovereign Foreign Debt Repayments Amount to USD 4.4 bn from 2022 to 2027
(2022-09-21)The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2021 and the projected foreign debt service payments from 2022 to 2027.The breakdown of foreign debt ... -
Sri Lanka’s Annual Average Sovereign Foreign Debt Repayments Amount to USD 4.4 bn from 2022 to 2027
(Verité Research, 2022-09-21)Sri Lanka's revenue has been insufficient to cover its recurrent expenditure since 1983. The gap between recurrent expenditure and capital expenditure in the country continues to grow, proving to be difficult to reduce, ... -
Sri Lanka’s Fitch Credit Rating Has Been Downgraded 7 Times During the Last 7 years (May 2015 – May 2022)
(2022-05)Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years. 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade ... -
Sri Lanka’s IMF Programme Was Supposed To Succeed by Improving Governance. Will It?
(2024-06)On June 12, the IMF board will sign off on Sri Lanka’s third disbursement under the current programme. But Sri Lanka is still failing on the governance improvements that are foundational for its economic recovery. According ... -
Sri Lanka’s Imports Were 4% Higher in 2021 When Compared to 2019
(Colombo: Verite Research, 2022-03-03)Sri Lanka’s Imports have grown by 4%, (USD 700 Million) from 2019 to 2021. One of the main contributors for this growth is the increase in the Medical and Pharmaceuticals imports by 60% which amounts to USD 330 Million. ... -
Sri Lanka’s Revenue to GDP Ratio Reaches Its Lowest Level Since 1959
(2022-06)Data on Sri Lanka’s revenue to GDP ratio is available from 1959 onwards. The average tax to GDP ratio from 1959 to 2021 is 16%. In 2021 the tax to GDP ratio dropped to 8%, which the lowest ratio since 1959 and is half ... -
Sri Lanka’s Short-Term Outflows Exceed Usable Reserves
(Colombo: Verite Research, 2022-02-15)Sri Lanka’s gross official reserves have been consistently declining since June 2019 and as of January 2022, usable foreign exchange reserves stand at USD 792 Mn, while the twelve-month outflows at end of 2021 stand at USD ... -
Summary of the Budget 2023
(Colombo: Verite Research, 2022-11-15)Sri Lanka Budget 2023 anticipates higher revenue, expenditure and a 6.6% reduction in the budget deficit. -
Summary: Budget 2024
(Colombo: Verite Research, 2023-11-13)Budget 2024 expects budget deficit for the year 2024 to increase by 19%. -
Supplementary Estimate 2022: What it Entails and Its Impact on the Budget Balance
(2022-06)Supplementary Estimates are made when the government needs to spend money for which it has not received parliamentary approval. Such provisions are intended to be utilized for urgent and unforeseen expenditure. On 8th June ... -
Syndicated Surveys: Easter Sunday Attacks (October 2023)
(2023-11)More than half the Sri Lankan population – 53% – believes local political forces were involved in the Easter Sunday attacks carried out in 2019, according to a survey commissioned in October by Syndicated Surveys. 53% ...