Verité in the News

Govt initiatives to reduce interest rates and boost economy
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Taken from - DailyNews The government was acting in a manner to boost the economy and to reduce interest rates said, Verite Research Economist Deshal De Mel. He warned that due to a large informal sector the impact of COVID...
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Economists debate over best response to fight COVID-19 while keeping economies less hurt
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Taken from - DailyMirror Two economists recently vacillated between the current suppression strategy practiced by the Sri Lankan government by way of curfews and lockdowns and a mitigation strategy practiced in some East Asian countries to see which offered the...
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Reconvene parliament, carry out more tests to contain COVID-19 in Sri Lanka, ex-legislators say in live online session
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Taken from - economynext Select members of Sri Lanka’s dissolved parliament shared their views on the ongoing COVID-19 pandemic today in an unofficial “online parliamentary session” hosted by a Colombo-based private think tank. Among the issues discussed were the government’s...
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Budget proposals need to be feasible; Nishan De Mel
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Taken from News1st Budget Proposals advertised in the budget are not implemented because they were not seen as feasible, Verité Research Economist, Nishan De Mel said. De Mel, highlighted the importance of budget proposals to be implemented with detailed estimates...
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Economist urges need for credible fiscal roadmap
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Taken from DailyMirror Sri Lanka would need to demonstrate the return to a credible fiscal path, a transition the country would have to make before the next debt repayment that is due mid this year by shoring up government revenue,...
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Need for prudent ministerial portfolio allocation urged for better public finance management
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Taken from DailyMirror As Sri Lanka is gearing up for a parliamentary election, economists are stressing on the need to allocate ministerial portfolios in a more prudent manner so that the public finance management, amongst other areas, does not get...
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Sri Lanka’s consumption could have recovered with smaller stimulus
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Taken from DailyMirror Successive governments have failed to come up with a citizens’ budget that entails the necessary insights for the public to understand the viability of the proposals made and to break this recurring inefficient cycle, economic think tank...
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Ominously rising foodflation needs medium to long-term strategy to improve agricultural productivity
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A technical report covering all the subsectors in the agriculture sector "..A technical report released in May 2018 and authored by Verite Research for the National Planning Department and the European Union on Sri Lanka’s agriculture sector has listed out...
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Sri Lanka’s consumption could have recovered with smaller stimulus
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Taken from economynext Image courtesy DailyFT Sri Lanka could have achieved a revival in consumer demand with a smaller stimulus, as the country tends to go through a cyclical revival in the wake of shocks, an economist said, amid concerns...
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Export sector needs better strategies to propel growth
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Originally published in - Sunday Observer Sri Lanka needs to work out better strategies in accordance with local and global developments to propel growth without lowering set targets. The country’s export sector in particular is not in sync sufficiently to...
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