public finance

Government’s New Year Relief: A blessing or curse in disguise?

by |05 January 202206 January 2022|Uncategorized

Published on Daily Mirror Prudence at the helm is the most important need of the country today - W. A Wijewardena Burden of funding will inequitably fall on the rest of the labour force - Deshal de Mel Need of...

Demystifying Increase in Sri Lanka’s Debt

by |09 December 202129 December 2021|Interviews & Articles

Published on Daily Mirror In the last 70 years, Sri Lanka has never been in a more precarious position with regard to the repayment of its debt, than at present, in December 2021. There is much that is said in...

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...

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...

Verite Research Recommends Indexation Policy for Cigarette Taxing

by |06 November 202115 November 2021|Verité in the News

Published on Ceylon Today To reduce Cigarette consumption, while also increasing State revenue and maintaining profit for the Tobacco Company, a study by Verite Research recommends an optimal tax policy which could be indexed to inflation and real GDP growth,...

Sub-optimal Tobacco Tax Policy Loses Rs. 20 B Revenue – Verite Research

by |05 November 202115 November 2021|Verité in the News

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...

Poor Budget Credibility Cited as Major Issue for Public Finances

by |30 October 202101 November 2021|Verité in the News

Published on Daily Mirror Govt. urged to institute better oversight by Parliamentary Committees and Parliamentary Budget Office “There was little to no information available to determine the progress of over half the (budget) proposals”- Verite For over 67% of Cabinet...

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...

Lack of Budget Credibility a Significant Challenge to the 2022 Budget

by |27 October 202110 January 2022|Press Release

The BudgetPromises dashboard on the PublicFinance.lk platform sheds light on two questions about Sri Lanka’s budget: “is the Government doing what it is saying?” and “is the Government saying what it is doing?” BudgetPromises was launched in 2017 and tracks...

Lack of Openness in Govt Agencies a Concern for Assessing Budget Promises: Verité Research

by |27 October 202129 October 2021|Verité in the News

Published on Lanka Business Online Independent research institute and think tank in Sri Lanka, Verité Research highlights that the level of openness of government agencies is a major concern in evaluating their performance against budget promises. Presenting an overview of...

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