budget

Court of Appeal to be Moved to get the CID Cracking into Ratwatte Inquiry
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Published on CounterPoint  CID cover up feared Cabraalnomics and economists who predict the worst is still to come Nagging foreign reserve crisis The immediate need for preemptive debt restructuring The Committee for Protecting Rights of Prisoners (CPRP) will file a writ in the Court of Appeal for an...
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Verité Moots 8 – 10% VAT for % and 2022
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Published on The Morning Advises to increase to 10-12% in 2023, 12-15% in 2024 Proposes to increase to increase(sic) excise tax on cigarettes and alcohol Makes more tax proposals on raising govt. revenue In view of the upcoming Budget 2022,...
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Un SDG on Gender Equality and Women Empowerment Unlikely to Be Fulfilled by SL: Study
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Published in the Daily Mirror Sri Lanka is unlikely to realize by 2030 the United Nations (UN) Sustainable Development Goal (SDG) on gender equality and women empowerment as lack of monitoring and accountability hinders the ability in moving in that...
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CA Sri Lanka’s CEOs Forum Plays Nexus Role to Bridge Gap between Govt., Biz Community
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Published in the DailyFT State Minister Nivard Cabraal urges private sector to look long-term, not focus only on short-term CB Chief says Govt. policy plan has heavy focus placed on exports, domestic production as well as entrepreneurship and SME activities...
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Sri Lanka Needs Medium and Long Term Plan to Overcome Debt Crisis
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Published in The Sunday Times Although immediate debt repayment payments have been settled, the government will have to implement a medium and long term plan with clear policy derived by analysing all its aspects, a leading economist emphasised. Verite Research...
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Treasury Rules Out Fraudulent Stats in Central Bank Report
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Published in TheMorning.lk Responding to the recent outburst of MP Harsha De Silva in regard to the Central Bank of Sri Lanka’s Annual Report of 2020, Treasury Secretary S.R. Attygalle told The Sunday Morning Business that there is absolutely no fraudulent accounting...
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Call to ensure credible implementation of budget-2021 proposals
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Featured in: The Island In the lead up to the highly anticipated 2021 budget, Verité Research recently announced the latest results and recommendations of their annual budget monitoring study, which tracks the government’s performance and openness on key promises made...
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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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Sri Lanka parliament committee slams failures in public finance management
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Taken from economynext A Sri Lankan parliamentary committee overseeing public spending has criticised the finance ministry for delays and inadequacies in providing information, and said that alteration in budget proposals owing to faulty estimates are failures of public finance management....
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Call for Keynesian type intervention to boost economy
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Taken from DailyNews Photo Courtesy - DailyNews A strong call was presented for a Keynesian model intervention to boost the economy at the CA Budget Forum held on Saturday in Colombo. Dr Nishan De Mel addressing the forum, urged for...
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