Verite Research Institutional Knowledge Repository: Recent submissions
Now showing items 201-220 of 2301
-
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 ... -
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. ... -
Is the Pandemic the Sole Cause for the Depletion in Sri Lanka’s Foreign Reserves?
(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 ... -
Shrinking Tax Base Increases Tax Burden on Existing Taxpayers
(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 ... -
Sri Lanka Has The Highest Inflation Amongst South Asia Peers
(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 ... -
Asian Infrastructure Investment Bank (AIIB): Support to Colombo Urban Regeneration Project - Loan Agreement 2019
(Colombo: Ministry of Finance, 2019-04-25)Included here is the loan agreement related to the Support to Colombo Urban Regeneration Project dated 2019.04.25 for the amount of USD 200 Million. The project was executed by the Ministry of Megapolis and Western Development ... -
OPEC Fund for International Development (OFID): Rehabilitation of the A05 Road Corridor from Badulla to Chenkaladi Project - Loan Agreement 2015
(Colombo: Ministry of Finance, 2015-06-26)Included here is the loan agreement related to the Rehabilitation of the A05 Road Corridor from Badulla to Chenkaladi Project dated 2015.06.26 for the amount of USD 60 Million. The project was executed by the Ministry of ... -
Verité Research Debt Update - December 2023
(Colombo: Verite Research, 2023-12-01)This issue provides coverage on Sri Lanka’s debt restructuring and progress on the IMF program. This issue also includes analysis on the 2024 Budget and the need for improved governance for sustainable economic recovery. ... -
Verité Research Debt Update - May 2023
(Colombo: Verite Research, 2023-05-17)This issue provides coverage and analysis of the IMF Debt Sustainability Analysis (DSA) and Sri Lanka’s progress on the 100 commitments outlined in the IMF program. The key developments identified were; 1) The IMF Debt ... -
Udaya Gammanpila: Presidential Election Date
(www.factcheck.lk, 2024-02-15)TRUE: According to the constitution of our country, [the] presidential election must be held for certain between 18th September and 18th October 2024. Udaya Gammanpila, Udaya Gammanpila’s YouTube Channel, 8 January 2024 -
Ranjith Siyambalapitiya: Pensions and Aswesuma
(www.factcheck.lk, 2024-02-08)TRUE: [A group of] 4 million are watching the government expectantly. 2 million out of that are government employees and pensioners who are expecting an increase in salaries and the other 2 million are those who have been ... -
Mahinda Rajapaksa: Debt-to-GDP
(www.factcheck.lk, 2024-02-01)PARTLY TRUE: My government reduced the debt-to-GDP ratio from 90% at the end of 2005 to 69% at the end of 2014. Mahinda Rajapaksa, NewsFirst.lk, 8 December 2023 -
Inside the Chamber - What's the Constitutional Council?
(Manthri.lk, 2024-03-01)This infographic delves into the Constitutional Council of Sri Lanka (CC), a 10-member body established under the 19th Amendment to the Constitution that is tasked with making recommendations on key appointments such as ... -
Verité Research Debt Update - March 2023
(Colombo: Verite Research, 2023-03-17)This issue provides coverage and analysis on the usability of the IMF financing and the volatility of the exchange rate. These are the key developments identified; 1) Sri Lanka is expected to reach board level agreement ... -
Inside the Chamber - The Throne Speech
(Manthri.lk, 2024-02-07)On February 7, 2024, the 5th session of the 9th parliament was ceremonially declared open by President Ranil Wickremesinghe. He then presented the Statement of Government Policy, which was known as the “Throne Speech” in ... -
Composition of Sri Lanka's Gross Official Reserves
(Colombo: Verite Research, 2022-04-05)The reported gross official reserves as of February 2022 stood at USD 2,311 MN, out of which 98% (USD 2,242 MN) consisted of short-term swaps maturing within 12 months. Whilst the quantity of reserves is important it is ... -
නතාශාට ඇප: සිරස්තලයේ අවධානය කොයිබටද?
(Colombo: Verité Research, 2023-07)On 6 July 2023, the Sinhala newspaper Divaina published an article about Nathasha Edirisooriya receiving bail. But the manner in which the headline and sub-headline have been framed, does not give an accurate account of ... -
The Gender Pay Gap in Sri Lanka: A Statistical Review with Policy Implications
(Colombo: ILO, 2024-04)This report provides the first in-depth quantitative and qualitative analysis of the gender pay gap in Sri Lanka with the intention to unveil not just the extent of the gender pay gap, but the nature of the gender pay gap ... -
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 ... -
IMF Tracker Update: February 2024
(Colombo: Verite Research, 2024-03)Sri Lanka verifiably failed to meet 33% of the commitments due by end-February 2024 in its International Monetary Fund (IMF) programme, according to the February update of Verité Research’s ‘IMF Tracker’. Many of these ...