Finance

Top Panel Sounds Alarm, Insists it’s Time for Urgent Economic Reforms

by |16 September 202117 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...

Sri Lanka Inflation: Economic Emergency Causes Prices of Essential Goods to Soar

by |10 September 202117 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,...

විදේශ විනිමය අනුපාතය – Nishan de Mel on Hiru Evening NewsCast

by |08 September 202113 September 2021|Interviews & Articles

Executive Director Nishan de Mel speaks to Hiru Evening News on the Central Bank's valuation of foreign exchange rates and how it could potentially lead to a deepening of the foreign exchange crisis Sri Lanka is facing.

Tax Amnesty: The New Tax Scandal

by |06 September 202117 September 2021|Verité in the News

Published in the DailyFT Sri Lanka’s overall tax system of indirect taxes means that the poor disproportionately pay more in taxes than a wealthier family. The Finance Bill codifies this The gazetted Finance Bill is an unfair piece of legislation...

IMF or No IMF, Sri Lanka Needs Economic Analysis and Plan Going Forward

by |12 August 202107 September 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...

CA Sri Lanka’s CEOs Forum Plays Nexus Role to Bridge Gap between Govt., Biz Community

by |03 August 202106 September 2021|Verité in the News

Published in the DailyFT State Minister Nivard Cabraal urges private sector to look long-term, not focus only on short-term CB Chief says Govt. policy plan has heavy focus placed on exports, domestic production as well as entrepreneurship and SME activities...

Sri Lanka Needs Medium and Long Term Plan to Overcome Debt Crisis

by |01 August 202106 September 2021|Verité in the News

Published in The Sunday Times Although immediate debt repayment payments have been settled, the government will have to implement a medium and long term plan with clear policy derived by analysing all its aspects, a leading economist emphasised. Verite Research...

Desperately Searching for Dollars: Importers and Import-Intensive Exporters Badly Hit

by |04 July 202106 September 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...

‘SL Treats Investors as Most Welcome Partners’

by |22 June 202110 August 2021|Verité in the News

Published in the Daily News Sri Lanka treats investors as the most welcome partners and offers strong fundamentals for investing together with regulatory support, investment protection, investment incentive framework and everything that an investor is looking for in a country....

Privatisation of Public Data: Sri Lanka Customs as a Case in Point

by |22 April 202124 May 2021|Interviews & Articles

Published in - DailyMirror Data collected and held by government agencies is a valuable ‘public asset’. Properly utilised, such data can help the private and public sector better contribute to Sri Lanka’s economic growth. These datasets are compiled at public...

1 2 Next