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Economic Policies in an Election Year: Some Inconvenient Arithmetic - Part I
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Some Inconvenient Arithmetic - Part I
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Some Inconvenient Arithmetic - Part I
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
Featured Insight
Economic Policies in an Election Year: Some Inconvenient Arithmetic - Part I
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engagement and debt sustainability advising the Government of Sri Lanka.
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Recent trends and developments in government expenditure on civil administration.
The Problem with Procurement
Sri Lanka’s lack of compliance with the RTI Act and failure to meet IMF Commitments.Sri Lanka’s 2023 IMF Programme includes a commitment to disclose public pro...
From The PF Wire
Source:
The Sunday Times
CPC owes US $165 million to suppliers for fuel imp...
The CPC is yet to pay over $40 million for the already used crude oil whilst over $60 million worth of crude oil is now in storage pending payment with the total payment due to suppliers being $165 million.
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Source:
LBO
Sri Lanka’s economy expected to register 8-pct con...
Sri Lanka’s economy is projected to register a real contraction of around 8.0 percent in 2022 and a gradual recovery from the second half of 2023, the Central Bank said. Releasing the outlook for the economy for 2023, the Monetary Board of the Central Bank said that the headline inflation i...
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Source:
Daily FT
Tax amnesty bill, new SEC Bill get Parliament appr...
Parliament yesterday approved two important finance bills including one to grant tax amnesties as well as the new Securities and Exchange Commission of Sri Lanka Bill. The Finance Bill which indemnifies persons who voluntarily disclose taxab...
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Insight on Civil Administration
Flagging corruption in procurement!
A Corruption Red Flag System can help detect fraud in tenders, such as overpriced services and su...
Sri Lanka's public sector outweighs Asia...
Sri Lanka’s public sector employmen...
Purification Corrupted
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Sri Lanka: Backwards in Blacklisting
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The Problem with Procurement
Sri Lanka’s lack of compliance with...
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The graphs below depict the Primary Balan...
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The Alternatives to Universal Tax Regist...
This note argues that the Sri Lankan government’s recent proposal to implement universal ta...
International Women's Day
In Sri Lanka, as shown above, women are half as likely to enter the labour market, and twice as l...
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Featured
Composition of Sri Lanka's Gross Official Reserves
The reported gross official reserves as of February 2022 stood at USD 2,311 MN, out of which 98% (USD 2,242 MN) consisted of short-term swaps maturing within 12 months. Whilst the quantity of reserves is important it is eq...
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Will the Increase in Cigarette Taxes Meet Budgeted...
On the 1st of Jan 2023, the government increased excises taxes on cigarettes by 20% as follows: Size Old Excise Tax per Cigarette New Excise Tax per Cigarette...
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Sri Lanka’s government education spending is the l...
In 2022, Sri Lanka’s government—both provincial and central—dedicated only 1.5 percent of its GDP to education, including primary, secondary, and tertiary levels. This places Sri Lanka at the bottom of the list for educatio...
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