Verite Research Institutional Knowledge Repository: Recent submissions

Now showing items 401-420 of 2475

    • China Endorses Sri Lanka Debt Plan 

      Econ Team (Colombo: Verite Research, 2023-03-09)
      China has given its approval to Sri Lanka's plan to restructure its international debt, clearing the path for a loan via the IMF's Extended Fund Facility (EFF).

    • බාල වයස්කාර දැරියට දොස් පැවරීමක් 

      Ethics Eye;
      Ethics Eye       (Colombo: Verité Research, 2023-07)
      On July 10, 2023, Aruna and Dinamina Sinhala newspapers had reported how a 14-year-old girl who had told her home that she was going to tuition classes was found by the police 8 months after she went missing. The headline ...

    • Syndicated Surveys: Mood of the Nation - February 2024 (Round 07) 

      Econ Team (Colombo: Verite Research, 2024-03)
      Approval of government falls to 7% in February, latest Mood of the Nation Survey shows increase in negative outlook. The survey showed that only 9% rated the current economic conditions as either excellent or good, which ...

    • Eran Wickramaratne - Ministry of Defence Expenditure 

      FactCheck.lk;P0094
      FactCheck       (www.factcheck.lk, 2024-01-26)
      TRUE: When considering the Ministry of Defence, we spent 7% of the total budget for 2022 on it [Ministry of Defence] ... 60% of that goes to pay wages…Sri Lanka is one out of ten countries that has the greatest number of ...

    • Ashok Abeysinghe: Foreign Departures 

      FactCheck.lk;P0101
      FactCheck       (www.factcheck.lk, 2024-03-14)
      PARTLY TRUE: 500 individuals from our country go abroad on a daily basis. In the recent past, between 180,000 and 200,000 individuals per month have gone abroad. The reason why they go abroad is because it’s difficult to ...

    • Eran Wickramaratne - Passport Ranking 

      FactCheck.lk;P0098
      FactCheck       (www.factcheck.lk, 2024-02-22)
      PARTLY TRUE: [The] Sri Lankan passport [is] …97th among global passports…What does it mean? It means that…you have access to 40 countries without a visa. Sri Lanka has very little access to other countries to get a visa ...

    • J.C Alawathuwala: Food expenses 

      FactCheck.lk;P0093
      FactCheck       (www.factcheck.lk, 2024-01-18)
      PARTLY TRUE: In 2019, the expenditure on the food of an individual living in Colombo or elsewhere in Sri Lanka was between Rs. 6,000 and Rs. 6,500. By 2023, this has increased to between Rs.16,000 to Rs.17,000. That is, ...

    • Is Sri Lanka Addicted to Missing Revenue Targets? 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-10-30)
      It is all too familiar that Sri Lanka has a problem in meeting its budgeted revenue targets. Recently, a government member of parliament (MP) who voted in favour of the budget last year, said that the tax increases that ...

    • "Sugar Scam” is Not the Whole Iceberg: “Forestalling” Needs a Rule-of-Law Solution 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-11-09)
      On 14 October 2020, taxes on imported sugar were slashed overnight from LKR 50 to LKR 25 cents per kilogram. That is a reduction of 99.5%. This led to much discussion in media and parliament about the large undue profits ...

    • Backwards in Blacklisting: Enabling Corruption in Procurement 

      Abeysinghe, Subhashini (Colombo: Daily Mirror, 2023-11-23)
      Failure to tackle corruption is a key factor that contributed to the economic crisis the country is faced with today. Taking concrete steps to reduce corruption, therefore, is critical to recover from the current crisis ...

    • For Sri Lanka, a Governance-Linked Bond Might Just Be the Ticket 

      de Mel, Nishan (Colombo: Daily Mirror, 2023-12-21)
      It is a truth universally acknowledged that if Sri Lanka under-performs on its governance corrections, it will underperform on its economic recovery also (with apologies to Jane Austen), the first provides the foundation ...

    • Restoring Economic Stability in Sri Lanka: An Overview of the IMF Extended Fund Facility 

      Peiris, Udara; Rajkulendran, Raj Prabu (Colombo: Daily Mirror, 2023-04-13)
      On March 20, 2023, the International Monetary Fund (IMF) Board approved Sri Lanka's 17th IMF programme, under the Extended Fund Facility (EFF) arrangement, aimed at addressing the significant economic challenges faced by ...

    • Verite Research Debt Update - February 2023 

      Debt Update;Issue 01
      de Mel, Nishan; Peiris, Udara       (Colombo: Verite Research, 2023-02)
      This issue provides coverage and analysis on the financial assurance letters issued by China, India, The Paris Club and a group of private bond holders to the IMF on their commitment to support Sri Lanka’s debt restructuring ...

    • The Debt Digest - March 2023 

      de Mel, Nishan; Peiris, Udara (Colombo: Daily Mirror, 2023-03-16)
      The Debt Digest by Verité Research provides analytical commentary on the latest developments in Sri Lanka’s debt crisis. A key milestone in Sri Lanka’s path to recovery was the staff-level agreement with the IMF in September ...

    • Sri Lanka Falls Behind Least Developed Countries in Trade Facilitation: Here are Three Steps it Can Take to Reverse This Trend 

      Background Note;No.05
      Abeysinghe, Subhashini; Arangala, Mathisha       (Colombo: Verite Research, 2023-07)
      This note compares progress made by Sri Lanka against its regional competitors, other developing and least developed countries in facilitating trade by making import and export procedures of the country efficient, less ...

    • The Alternatives to Universal Tax Registration in Sri Lanka 

      Background Note;No.04
      de Mel, Nishan; Moore, Mick       (Colombo: Verite Research, 2023-02)
      This note argues that the Sri Lankan government’s recent proposal to implement universal tax registration is neither a viable nor effective strategy to increase the country’s tax revenue. Instead, the note proposes four ...

    • පඬුකරඳ ශාකය ගලවා ඉවත් කිරීම: රූපවාහිනී සහ පුවත්පත් වාර්තකරණයන් 

      Ethics Eye;
      Ethics Eye       (Colombo: Verité Research, 2023-07)
      During the month of July 2023, several newspapers and television channels covered the narrative supporting and opposing the cutting of the Crudia zeylanica tree. Newspapers such as Dinamina, Lankadeepa, Aruna and television ...

    • The Desirability of Domestic Debt Restructuring 

      Background Note;No. 03
      Peiris, Udara       (Colombo: Verite Research, 2022-10)
      Sri Lanka faces a challenge to emerge from the continuing economic crisis of unsustainable public debt. This paper sets out four important reasons to undertake an early domestic debt restructuring (DDR), by way of reprofiling ...

    • ඔබ තෝරාගන්නේ මින් කුමන සිරස්තලයද? 

      Ethics Eye;
      Ethics Eye       (Colombo: Verité Research, 2023-07)
      During the month of July 2023, articles published in Lankadeepa, Divaina and Dinamina newspapers and a news report broadcast by Hiru used the word "නරුමයා"(narumaya) to demonise a suspected father who first held his child ...

    • Targeting Assistance: Electricity Consumption is a Superior Method 

      Background Note;No. 02
      Siyambalapitiya, Sumini; Gunewardena, Dileni       (Colombo: Verite Research, 2022-07)
      This note recommends household electricity use as a determinant of eligibility for welfare benefits. As Sri Lanka’s crisis continues, up to 50% or more of the population is likely to need state support, however current ...