Economy in Sri Lanka

    The Desirability of Domestic Debt Restructuring: Verité Research Sri Lanka Economic Policy Group
    by |24 October 2022|Press Release
    The third research note published by the Verité Research Sri Lanka Economic Policy Group presents an analysis by Professor Udara Peiris, Oberlin College, USA, explaining four ways in which Sri Lanka would benefit if the government were to restructure its...
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    Targeting Assistance: Electricity Consumption is a Superior Method – Verité Research Sri Lanka Economic Policy Group
    by |02 August 2022|Press Release
    In their second public release, supported by a new research note, the Verité Research Sri Lanka Economic Policy Group recommends using electricity consumption as a highly effective and efficient method for targeting cash transfers to the poor.  The analysis finds...
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    Verité Research Sri Lanka Economic Policy Group recommends immediately reinstating PAYE and WHT tax collection methods and implementing the formula on cigarette taxation
    by |20 June 2022|Press Release
    These are immediate simple efficiency measures that will increase tax collection by LKR 229 BN for 2023, and proportionately for the rest of 2022.  Sri Lanka ran out of foreign currency reserves and suspended debt re-payment in April 2022. People’s...
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    November 2021 Reserves Lower than ‘Spider-Man’ Box Revenue
    by |12 January 2022|Verité in the News
    Published on The Morning  In November 2021 the foreign reserve position of Sri Lanka fell to a 12-year low of $ 1.6 billion, which Verité Research in a humorous social media post pointed out was marginally higher than the global...
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    Sri Lanka Debt Re-structuring: Opinion Divided Among Think Tanks
    by |07 December 2021|Verité in the News
    Published on EconomyNext Sri Lanka should start talking to the International Monetary Fund at least as a second option head of a think tank based in Colombo said, but opinion was divided on whether or not a debt restructuring with...
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    Extreme Food Prices Slam Inflation-Ridden Turkey and Sri Lanka
    by |03 December 2021|Verité in the News
    Published on Nikkei Asia Months into the worst inflation in decades, a new round of food price hikes is ratcheting up pressure on governments around the world. Figures released Thursday by the United Nations' Food and Agriculture Organization show a...
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    Sri Lanka Economic Summit to feature session on ‘Resetting the Export Portfolio’ on Day-2
    by |18 November 2021|Verité in the News
    Published on DailyMirror The upcoming Sri Lanka Economic Summit 2021will host a lineup of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’.  Day two of the event will feature a session dedicated to ‘Resetting the Export...
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    Verite Research Recommends Indexation Policy for Cigarette Taxing
    by |06 November 2021|Verité in the News
    Published on Ceylon Today To reduce Cigarette consumption, while also increasing State revenue and maintaining profit for the Tobacco Company, a study by Verite Research recommends an optimal tax policy which could be indexed to inflation and real GDP growth,...
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    Sub-optimal Tobacco Tax Policy Loses Rs. 20 B Revenue – Verite Research
    by |05 November 2021|Verité in the News
    Published on Ceylon Today Sri Lanka currently loses an estimated Rs. 20 billion in revenue due to the sub-optimal nature of the country’s tobacco tax policy, says Verite Research. During a webinar it has organized, the research institute and think-tank...
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    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...
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