December 2021

Budget Fails to Establish Stable Fiscal Regime: Verité Research
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Published on The Morning Issuing a public report on Budget 2022 ahead of third budget reading, Colombo-based think tank Verité Research said that Budget 2022 fails in establishing a stable fiscal regime. “In January 2020, a new tax structure was...
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Verité Research releases Public Report on Budget 2022 ahead of third Budget reading
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2022 will be a pivotal year in Sri Lanka's external debt management and the economy as a whole. The budget 2022, currently being debated in parliament, provides an opportunity to map a path out of Sri Lanka's prevailing economic troubles....
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Sri Lanka’s Plunge Into Organic Farming Brings Disaster
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Published in The New York Times The economically troubled country banned chemical fertilizers without preparing farmers, prompting a surge in food prices and worries about shortages. RATNAPURA, Sri Lanka — This year’s crop worries M.D. Somadasa. For four decades, he...
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Sri Lanka should draw up own program and negotiate with IMF: de Mel
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Published in EconomyNext ECONOMYNEXT – Sri Lanka should come up with a credible economic program of its own and go the International Monetary Fund instead of allowing the agency to device the plan, Nishan de Mel, head of Verete Research,...
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Sri Lanka Debt Re-structuring: Opinion Divided Among Think Tanks
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Published on EconomyNext Sri Lanka should start talking to the International Monetary Fund at least as a second option head of a think tank based in Colombo said, but opinion was divided on whether or not a debt restructuring with...
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Extreme Food Prices Slam Inflation-Ridden Turkey and Sri Lanka
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Published on Nikkei Asia Months into the worst inflation in decades, a new round of food price hikes is ratcheting up pressure on governments around the world. Figures released Thursday by the United Nations' Food and Agriculture Organization show a...
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