Verité in the News

    Sri Lanka’s Failure to Confront Its Past and Present Casts a Shadow on Its Future
    by |30 November 2017|Verité in the News
    JAFFNA, Sri Lanka—More than eight years have passed since Sri Lanka declared the end of its nearly three-decade long civil war. Since then, the small island-nation in the Indian Ocean has made significant progress. The country has remained mostly peaceful;...
    continue reading
    Budget 2018: Enterprise Sri Lanka must address realities
    by |15 November 2017|Verité in the News
    In 2017 Q1, Q2 and Q3 consumer consumption contracted. This must be arrested The other day at a post-Budget forum the Minister of Finance said that Enterprise Sri Lanka needed to take off just like the USS Enterprise in the...
    continue reading
    Expert calls for access to data on implications of Budget proposals
    by |15 November 2017|Verité in the News
    Insists public should not to go by allocated amounts of funds but quality of spending Says lack of analysis leaves ministers with no choice but to shoot from the hip and present a cowboy Budget Acknowledges informational problems on Budget A top economist yesterday...
    continue reading
    Pre-budget bonanza!
    by |09 November 2017|Verité in the News
    FinMin  cuts indirect taxes on several essential items Relief package to be reviewed in 2-3 months FinMin claims tax cuts not related to local govt.  elections The Finance and Mass Media Ministry yesterday issued another pre-budget bonanza, this time to...
    continue reading
    An in-depth look at what happened to the 2017 Budget
    by |09 November 2017|Verité in the News
    Sri Lankans will get an insight tomorrow (November 9) on how the year 2018 will be for them and the country. The 72nd Budget of Sri Lanka will be presented to Parliament at 3 pm by it’s 21st Minister of...
    continue reading
    Budget Tracker
    by |08 November 2017|Verité in the News
    Status of most Budget 2017 proposals unclear No information on progress of 51% of key proposals accounting for Rs. 67 b Only one proposal reviewed was ahead of schedule, 32% lagging, 14% removed As the country prepares for the unveiling of Budget 2018,...
    continue reading
    NCE-Verite Research collaborate on platform to track implementation of budget proposals
    by |03 November 2017|Verité in the News
    The National Chamber of Exporters (NCE) collaborated with Verite Research on a platform to track the implementation of budget proposals. This pioneering platform has been developed by Verite Research. It has been used to monitor the track record of the...
    continue reading
    Liability Management Act on the horizon to facilitate FDI
    by |02 November 2017|Verité in the News
    The government is to introduce a new Act titled Liability Management Act to strengthen the government policy framework to attract foreign direct investment, instead of resorting to commercial loans for government  projects, Senior Advisor, Ministry of Finance Mano Thittawella said....
    continue reading
    Has the open economy delivered in Sri Lanka?
    by |01 November 2017|Verité in the News
    Despite the complete turnaround in economic policy 40 years ago, benefits and affluence would be much greater if economic freedom of Sri Lankans is increased, researchers opined at a live-streamed panel discussion. The panel assessed 40 years of Sri Lanka’s...
    continue reading
    Struggling port forces Sri Lanka closer to China
    by |31 October 2017|Verité in the News
    China’s ambitious plan to transform Hambantota, a sleepy southern town in Sri Lanka, into a major port and investment zone has been beset by problems, including sluggish activity at the port, Sri Lanka’s worsening debt problem, and protests from people...
    continue reading