Verité in the News

    Farmers Have ‘Grown Accustomed’ to Fertiliser, Rajapaksa Tells Glasgow
    by |01 November 2021|Verité in the News
    Published on Tamil Guardian Sri Lanka’s president said farmers on the island had “grown accustomed to overusing fertilizer as an easy means of increasing yields,” as he doubled down on a policy that has sparked protests amongst Tamil and Sinhala...
    continue reading
    mood of the nation
    How Sri Lanka’s Flip to Organic Farming has now caused row with China over Fertiliser Crisis
    by |31 October 2021|Verité in the News
    Published on ThePrint A fresh crisis seems to be brewing between Sri Lanka and China after the Chinese Embassy in the island nation Saturday declared that the state-owned People’s Bank of Sri Lanka has been blacklisted over its failure to make a payment...
    continue reading
    Poor Budget Credibility Cited as Major Issue for Public Finances
    by |30 October 2021|Verité in the News
    Published on Daily Mirror Govt. urged to institute better oversight by Parliamentary Committees and Parliamentary Budget Office “There was little to no information available to determine the progress of over half the (budget) proposals”- Verite  For over 67% of Cabinet...
    continue reading
    Revenue Enhancement Measures Critical in Budget 2022: Verité
    by |28 October 2021|Verité in the News
    Published on The Morning Advises to expand tax base instead of increasing tax rate  According to former Economic Advisor to the Minister of Finance and Verité Research Director – Research Deshal de Mel, while revenue enhancement measures will be a...
    continue reading
    Verité Research Reveals Implementation Lags in 2020 Budget
    by |28 October 2021|Verité in the News
    Published on DailyFT BudgetPromises, a platform to track delivery of Government budget proposals, revealed yesterday there was poorer visibility on many Cabinet decisions surrounding projects, with the proportion of proposals with restricted information more than doubling over the past two...
    continue reading
    Revenue Enhancement Measures Crucial for 2022 Budget
    by |28 October 2021|Verité in the News
    Published on DailyFT Verité Director Research Deshal de Mel yesterday said revenue enhancement measures remained critical for the upcoming 2022 Budget. He said that as the Sri Lankan economy was still recovering from the impacts of the pandemic as were...
    continue reading
    Lack of Openness in Govt Agencies a Concern for Assessing Budget Promises: Verité Research
    by |27 October 2021|Verité in the News
    Published on Lanka Business Online Independent research institute and think tank in Sri Lanka, Verité Research highlights that the level of openness of government agencies is a major concern in evaluating their performance against budget promises. Presenting an overview of...
    continue reading
    Secrecy of Budget and Cabinet Decisions Rose in 2020: Verite
    by |27 October 2021|Verité in the News
    Published on The Morning The latest findings of the think tank Verite Research Institute’s “Budget Promises: Beyond Parliament” platform, show that over the past year (2020), there has been an increased lack of willingness by ministries and government agencies to...
    continue reading
    Doubling Exports in a Decade: Too Ambitious or Easily Achievable?
    by |25 October 2021|Verité in the News
    Published on The Morning The Export Development Board (EDB) in April 2011 announced that Sri Lanka aims to increase its export earnings to $ 20 billion by the year 2020. This brought good news on the future of foreign reserves...
    continue reading
    Verité Research Offers Solutions for USD Liquidity Crisis
    by |25 October 2021|Verité in the News
    Published on The Sunday Times A private think tank institute in Sri Lanka has said Sri Lanka faces bigger challenges ahead in the management of its foreign exchange reserves. “Sri Lanka’s foreign reserve would be completely depleted by the end...
    continue reading