Economy SL

Verité Research Highlights Key Takeaways from Budget 2022 Speech during Expert Commentary

by |16 November 202110 January 2022|Press Release

Verité Research hosted an expert commentary on the budget speech immediately after it was presented to parliament on November 12, 2021. The commentary focused on the promises stated in the budget speech along with analytical insights from PublicFinance.lk. Major Highlights...

Verité Research to host expert commentary on Budget 2022 on 12th November

by |12 November 202110 January 2022|Press Release

Following the success of last year’s budget event, Verité Research will be hosting an expert commentary on the budget speech immediately after it has been presented to Parliament on 12th November. The commentary will focus on the promises made in...

Budget 2022: What’s in Store?

by |11 November 202115 November 2021|Verité in the News

Published on Groundviews The Minister of Finance and Treasury officials have been busy putting the final touches to the 2022 budget. Numerous organizations, associations, chambers, critics and cheer leaders are even busier organizing pre-budget and post-budget discussions. This year’s budget...

Seeking a Systematic Tax on Cancer Sticks

by |02 November 202102 November 2021|Verité in the News

Published on The Morning Hiking the price of cigarettes to increase govt. revenue and reduce tobacco consumption Reliefs and price decreases are generally expected from a budget in the Sri Lankan context; people almost never ask for taxes or price...

Farmers Have ‘Grown Accustomed’ to Fertiliser, Rajapaksa Tells Glasgow

by |01 November 202102 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...

Verité Research presents Rational Formula for Cigarette Taxes at latest forum

by |01 November 202110 January 2022|Press Release

A Rational Formula for Cigarette Taxes: An Alternative to Ad Hoc Taxation was the title of a recent online seminar by Verité Research, on 28th October 2021. The analysis showed that the government is currently forfeiting 20 to 25 billion...

How Sri Lanka’s Flip to Organic Farming has now caused row with China over Fertiliser Crisis

by |31 October 202102 November 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...

Verité Research Reveals Implementation Lags in 2020 Budget

by |28 October 202101 November 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...

Why did Sri Lanka’s Budget Deficit Increase in 2020?

by |27 October 202128 April 2022|Interviews & Articles

Published on The Morning Sri Lanka’s budget deficit has doubled between the period of 2019 and 2020. The budget deficit increased from Rs. 1,016 billion in 2019 to Rs. 2,090 billion in 2020, an increase of Rs. 1,074 billion. This...

Secrecy of Budget and Cabinet Decisions Rose in 2020: Verite

by |27 October 202101 November 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...

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