Now showing items 65-84 of 128

    • 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 ...
    • Sectoral Allocations for the 2023 Budget 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2022-11-15)
      Sectoral allocations from the 2023 Budget, ranging from defence to water and sanitation. This was presented in the Budget speech for 2023.
    • Sectoral Allocations: Budget 2024 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-11-13)
      This series of infographics contains sectoral allocations from Budget 2024. Allocations to Finance, Defence and Health were among the highest.
    • Share of Foreign debt has increased to 47% of total debt by April 2022​ 

      Raj Prabu, Rajakulendran (Verité Research, 2022-08-16)
      Foreign debt as a percentage of total outstanding government debt increased from 37% at the end of 2021 to 47% in the first quarter of 2022. On average for the past decade domestic debt has accounted for 56% and foreign ...
    • Shrinking Tax Base Increases Tax Burden on Existing Taxpayers 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2022-03-30)
      The income tax per person is calculated as the total government revenue from income tax (including PAYE) divided by the total registered taxpayers for income tax which includes Individual Tax Payers and Employees paying ...
    • Sources of Financing for Top 5 Ministries That Received the Highest Allocation in the 2022 Budget 

      Public Finance Infographics;
      Econ Team
      (2022-01-25)
      Based on the 2022 approved Budget estimates in 2020, 87% of government expenditure was financed via domestic sources and 13% was financed via foreign sources. In 2021 91% of expenditure is estimated to be financed domestically ...
    • Sri Lanka failed 2 IMF commitments and met 25 by end-April 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-05-23)
      By the end April 2023, Sri Lanka had fulfilled 25% of its trackable commitments under the IMF program. Sri Lanka fell short on two commitments that were expected to be fulfilled by April 2023. The first of these is related ...
    • Sri Lanka Has Set a Global Precedent in Domestic Debt Restructuring 

      Econ Team (Colombo: Verite Research, 2023-08-24)
      This infographic looks at other countries that have also gone through domestic debt restructuring (DDR) since 1998 and the ways they have gone about this. Sri Lanka is the first country to use social security funds while ...
    • Sri Lanka Has The Highest Inflation Amongst South Asia Peers 

      Econ Team (Colombo: Verite Research, 2022-04-26)
      Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other ...
    • Sri Lanka met 25% of IMF commitments and failed 1 by March 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-04-21)
      Sri Lanka had met 25% of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of March 2023 but had failed on one. Many of the commitments met were classified as “prior ...
    • Sri Lanka met 29 IMF commitments and failed 3 by end-May 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-06-19)
      Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023. Two of the failed commitments relate to revenue. The first is to ...
    • Sri Lanka Met 33 IMF Commitments and failed 8 by end-June 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-07-17)
      Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight. Growing number of failed commitments, the number ...
    • Sri Lanka met 35 IMF commitments and failed 7 by end-July 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-08-22)
      The share of Sri Lanka’s 100 trackable commitments in the International Monetary Fund (IMF) programme for which no data has been made available to assess progress — despite passing the agreed deadline — has increased from ...
    • Sri Lanka Met 38 IMF Commitments and Failed 8 by end-August 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-09-15)
      Sri Lanka verifiably met 38 of the 57 trackable commitments that were due for completion by end-August in its 17th programme with the International Monetary Fund (IMF).
    • Sri Lanka met 41 IMF commitments and failed 11 by end-Oct 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-11-17)
      Sri Lanka verifiably met 41 of the 73 trackable commitments that were due for completion by end-October 2023 in its ongoing programme with the International Monetary Fund (IMF), according to the latest update from ‘IMF ...