economy

Budget 2022 Fails in Critical Outcomes: Verité Research
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Published on DailyFT Releases public report ahead of third reading of Budget in Parliament tomorrow Opines Budget has failed to establish a stable fiscal regime, credibility in its fiscal projections and build confidence for global markets and rating agencies Budget...
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Budget Fails to Establish Stable Fiscal Regime: Verité Research
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Published on The Morning Issuing a public report on Budget 2022 ahead of third budget reading, Colombo-based think tank Verité Research said that Budget 2022 fails in establishing a stable fiscal regime. “In January 2020, a new tax structure was...
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Sri Lanka Debt Re-structuring: Opinion Divided Among Think Tanks
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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
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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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Verité Research to host expert commentary on Budget 2022 on 12th November
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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...
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Budget 2022: What’s in Store?
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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...
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Sub-optimal Tobacco Tax Policy Loses Rs. 20 B Revenue – Verite Research
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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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Seeking a Systematic Tax on Cancer Sticks
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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...
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Verité Research presents Rational Formula for Cigarette Taxes at latest forum
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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...
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Revenue Enhancement Measures Critical in Budget 2022: Verité
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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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