Economy SL

    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...
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    Verite shows how Lanka can achieve Sustainable Debt Dynamics
    by |18 October 2021|Verité in the News
    Published on The Island Verité Research, a private think tank that provides strategic analysis for Asia, hosted the online discussion Steering out of the Debt Crisis: Recipe for Budget 2022 on Oct 14. The event was anchored around addressing Sri Lanka’s debt...
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    Verité Research hosts Pre-budget Forum, offers solutions for USD Liquidity Crisis and Proposals for Budget 2022
    by |15 October 2021|Press Release
    Verité Research hosted the online discussion Steering out of the Debt Crisis: Recipe for Budget 2022 on the 14th of October 2021. The event was anchored around addressing Sri Lanka’s debt and USD liquidity crisis, and featured presentations by Executive...
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    Explained: The Adani Group’s recent Port Deal in Sri Lanka
    by |04 October 2021|Verité in the News
    Published on The Hindu As per the 35 year-long BOT agreement, the Adani Group will have majority, 51%, stakes, while John Keells would hold 34%, and the SLPA, 15%. The story so far On September 30, 2021, the Gujarat-headquartered Adani Group...
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    Top Panel Sounds Alarm, Insists it’s Time for Urgent Economic Reforms
    by |16 September 2021|Verité in the News
    Published in the DailyFT Sri Lanka facing one of the worst economic crises in its history Pandemic only exacerbated existing economic weaknesses; roots lie in unsustainable debt, fiscal indiscipline and low rates of growth  To emerge from crisis, comprehensive and...
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    Sri Lanka Inflation: Economic Emergency Causes Prices of Essential Goods to Soar
    by |10 September 2021|Verité in the News
    Published on CGTN Sri Lanka is under a state of emergency with rising costs and fears over the economy. And the President's proposals are igniting controversy. Roel Raymond reports. The price of essential items has increased greatly in Sri Lanka,...
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    How Sri Lanka’s Overnight Flip to Total Organic Farming has led to an Economic Disaster
    by |06 September 2021|Verité in the News
    Published on The Print President Gotabaya Rajapaksa was forced to impose an economic emergency on 31 August to contain soaring food inflation, and currency devaluation and forex reserves crisis. Sri Lanka has been hit by a serious economic emergency even...
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    Proposed Tax Amnesty: Exercising Caution in Income Generation
    by |21 August 2021|Verité in the News
    Published on The Morning  Govt. expects $ 500 m income through tax amnesty: Cabraal Important for people to submit their taxable supplies: IRD Chief Amnesties granted on previous occasions have failed: Dr. Wijewardena While the Government states it expects to...
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    IMF or No IMF, Sri Lanka Needs Economic Analysis and Plan Going Forward
    by |12 August 2021|Verité in the News
    Published in The Island Whatever Sri Lanka decides about dealing with its debt and paying its way through the world, the country needs to formulate a very good economic analysis and a publicly-backed plan that will establishc credibility of the...
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    Effectiveness of Tax Amnesty in Sri Lanka
    by |10 August 2021|Interviews & Articles
    Published in the DailyFT On 9 July 2021, the government gazetted a new finance bill aimed to indemnify individuals who voluntarily disclose their hitherto undisclosed income—that is to a provide a tax amnesty. A tax amnesty is a limited-time opportunity...
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