Economy SL

    Debt Default Danger: Alarmist or Imminent?
    by |09 August 2021|Verité in the News
    Published in The Morning LK Will the Government of Sri Lanka default on its obligations to service its mountain of debt over the next couple of years, including two bond repayments of a total of $ 1.5 billion due in...
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    Real Question Is Not Whether SL Should Go to IMF or Not
    by |05 August 2021|Verité in the News
    Published in The Island The real question is not whether Sri Lanka should go to the IMF or not. What is important is going to the IMF with confidence after having analysed the fiscal situation, with a convincing plan, Executive...
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    ‘Sri Lanka’s Import Regime is One of the most Complex and Protectionist in the World’ – US State Department
    by |24 July 2021|Verité in the News
    Published on Tamil Guardian  Citing the World Bank, the US State Department‘s Investment Climate report highlights that Sri Lanka’s “import regime is one of the most complex and protectionist in the world”. The World Banks’ Doing Business Index ranked Sri...
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    Sri Lanka’s Rajapaksa Dynasty Is Not as Secure as It Appears
    by |15 July 2021|Verité in the News
    Published in The Economist SINCE WINNING the presidency in a landslide nearly two years ago, Gotabaya Rajapaksa has worried not that he has too many relatives in government, but that he has too few. One of the 72-year-old’s elder brothers,...
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    Desperately Searching for Dollars: Importers and Import-Intensive Exporters Badly Hit
    by |04 July 2021|Verité in the News
    Published in The Sunday Times Importers continued to fret this week with containers–many of them holding inputs for export manufacturing–held up because dollar-strapped Sri Lankan banks were slow in settling payments with the sellers’ banks abroad. “I bring in raw...
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    Experts shed Key Insights to Boosting EU-SL Economic Partnership
    by |21 June 2021|Verité in the News
    Published on DailyFT Top diplomats, investors and economists recently echoed that commercial cooperation, development and partnership links with the European Union (EU) has immensely helped to develop Sri Lanka’s economy. “Needless to say, the EU representing 27 countries as a...
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    Hiking Cigarette Prices Would Make More Sense: Economist
    by |14 June 2021|Verité in the News
    Published on DailyFT Economist Nishan de Mel has said that increasing the cost of cigarettes rather than fuel prices would make better economic sense. In support of his argument, de Mel, in a tweet, said the estimated loss incurred by...
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    Growth a Must for Debt Sustainability – Nishan De Mel
    by |25 February 2021|Verité in the News
    Published on Ceylon Today Sri Lanka must reduce its foreign debt burden on a medium- to long-term basis, Verite Research Executive Director Nishan De Mel said yesterday. ‘Reducing foreign debt is vital to maintain debt sustainability; however it should be...
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    Fighting corruption still a voter priority: Survey
    by |20 July 2020|Verité in the News
    Taken from - DailyFT Image courtesy - DailyFT By Uditha Jayasinghe Fighting corruption remains a high priority among voters despite the change of Government and no party making it their main campaign platform ahead of the Parliamentary Election, a well-known...
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    Invest in skills today to thrive tomorrow
    by |17 July 2020|Verité in the News
    Taken from - DailyFT Image courtesy - DailyFT By Zahra Ansary July 15th is World Youth Skills Day, one of the UN International days of observance which was initiated by none than Sri Lanka. Established in November 2014, the representative...
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