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Government Revenue and Grants Over The Past Decade
(Verité Research, 2022-07-12)
Revenue and Grants declined by LKR 91 BN from 2020 to 2021.
How Long Did Sri Lanka Take to Secure its Board Level Agreement
(Colombo: Verite Research, 2023-03-21)
Sri Lanka's debt restructuring process has been a topic of concern for many, with delays in reaching an agreement with the International Monetary Fund (IMF) causing worry among investors and policymakers alike. In this ...
Syndicated Surveys: Mood of the Nation - Round 04 2023
(Verité Research, 2023-02)
Syndicated Surveys by Verité Research which gauge public sentiment on Sri Lankans' various social and political viewpoints. The data is collected through a telephone interview and a nationwide randomised sample of around ...
Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
(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 ...
Total and primary deficits run in opposite directions
(Colombo: Verite Research, 2023-09-22)
The governments primary deficit improved in the first half of 2023 compared to the corresponding period in 2022, while the budget deficit worsened increasing from LKR -903 Bn to LKR -1,243 Bn which implies a significant ...
Changes in Tax Structure Leads to Shrinking Tax Base across Various Taxes
(Verité Research, 2022-08-06)
Sri Lanka experienced a significant change in its tax system for the year 2020. These changes have led to a considerable shrinking in Sri Lanka’s tax base across various taxes. A narrow tax base increases tax administration ...
Sectoral Allocations for the 2023 Budget
(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.
Financing of the Budget Deficit, 2010 to 2022
(2021-11-23)
The following infographic depicts the financing of the budget deficit from 2010 to 2022 estimates as presented in the 2022 budget.
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 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 ...