Only 8-pct of Sri Lanka’s 2018 budget promises progressing on track: Verité
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Taken from LBO Oct 16, 2018 (LBO) – Sri Lanka’s private think tank Verité Research has found out that only 8 percent of promises announced in the 2018 budget are progressing on track through the end of the first six...
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Only 8% of budget promises are on track, says think tank
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Taken from Ada Derana A private sector think-tank says that only 8% of the government’s budget promises are progressing in line with their targets and that the pace of progress is slow, at the end of the first six months...
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Budget Promises: 33% Broken, Neglected or Undisclosed, Only 8% on Track
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Budget Promises: Beyond Parliament is Sri Lanka’s pioneering budget monitoring platform. It tracks the government’s performance and openness on key promises made in its annual budget. The platform is motivated by two basic questions: (1) Is the government doing what...
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High protection betrays uncompetitiveness of Sri Lankan industry
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ECONOMYNEXT - Prohibitive import tariffs that protect domestic industry from competition are an indication of the inefficiency of local companies, Subhashini Abeysinghe, Research Director at think-tank Verité Research said. Higher import taxes signal higher domestic prices compared to import prices,...
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Sri Lanka needs to generate public support for trade reform
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ECONOMYNEXT - Sri Lanka needs to convince the public about the benefits of trade so they could prod politicians to make the reforms to reduce living costs and companies more competitive, panelists at a World Bank forum said. The general...
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Corrupt bureaucrats, uncompetitive local industries blocking trade liberalisation
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By Nishel Fernando The largely uncompetitive local industries and corrupt bureaucrats are exploiting the public perception to delay trade liberalisation and the necessary reforms for their personal gains, as the government and academics have so far failed to engage the...
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Digitisation and transparency
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As the Government moves to increase transparency through a wider digitisation strategy it is important that this measure is linked to crucial economic frameworks such as the Budget process. Budget 2019 is currently being formulated by the Finance Ministry and...
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Rethinking the rupee crisis 
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The call by the Government to reduce imports as an effort to counter the impact of Sri Lanka’s fast depreciating rupee was met with disdain by many members of the public. This is largely because an import contraction is seen...
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Right to Information: A journey from secrecy to openness
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BY AANYA WIPULASENA AND RAJITHA JAGODA ARACHCHI Eighteen months in operation, Sri Lanka’s Right to Information law is empowering citizens all over the island – from newsrooms to tiny village hamlets. Bolstered by a powerful and public-oriented Commission set up...
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Sri Lanka’s RTI report card: fair, but can be better
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The International Day for the Universal Access to Information (also known as the World Right to Know Day) is observed every year on September 28. This provides Sri Lanka an opportunity to take stock of how its Right to Information...
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