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The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019. The cost of ingredients in 2024 is 2% less than it was in 2023. In 2023 the costs had increased by 2.3 times compared to 2019. In 2024 this had reduced to 2.2 times the cost of 2019. A kevili table features an array of traditional Sri Lankan sweetmeats symbolising prosperity and happiness. Despite variations between households, the typical elements of a kevili table include milk rice, kokis, banana, aluwa, kevum, dodol, mun kevum, and butter cake. The analysis used quantities based on recipes from the popular YouTube channel “Appe Amma” for a household of 4-5 persons. Only the main ingredients were costed; utilities (electricity/gas) and spices were not costed. The price data was sourced directly from the Department of Census and Statistics, including its Open Market Weekly Average Retail prices in the Colombo District for the years 2019 (April Week 1), 2023 (April Week 1), and 2024 (March Week 3).
Featured Insight
The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019. The cost of ingredients in 2024 is 2% less than it was in 2023. In 2023 the costs had increased by 2.3 times compared to 2019. In 2024 this had reduced to 2.2 times the cost of 2019. A kevili table features an array of traditional Sri Lankan sweetmeats symbolising prosperity and happiness. Despite variations between households, the typical elements of a kevili table include milk rice, kokis, banana, aluwa, kevum, dodol, mun kevum, and butter cake. The analysis used quantities based on recipes from the popular YouTube channel “Appe Amma” for a household of 4-5 persons. Only the main ingredients were costed; utilities (electricity/gas) and spices were not costed. The price data was sourced directly from the Department of Census and Statistics, including its Open Market Weekly Average Retail prices in the Colombo District for the years 2019 (April Week 1), 2023 (April Week 1), and 2024 (March Week 3).
Featured Insight
The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019. The cost of ingredients in 2024 is 2% less than it was in 2023. In 2023 the costs had increased by 2.3 times compared to 2019. In 2024 this had reduced to 2.2 times the cost of 2019. A kevili table features an array of traditional Sri Lankan sweetmeats symbolising prosperity and happiness. Despite variations between households, the typical elements of a kevili table include milk rice, kokis, banana, aluwa, kevum, dodol, mun kevum, and butter cake. The analysis used quantities based on recipes from the popular YouTube channel “Appe Amma” for a household of 4-5 persons. Only the main ingredients were costed; utilities (electricity/gas) and spices were not costed. The price data was sourced directly from the Department of Census and Statistics, including its Open Market Weekly Average Retail prices in the Colombo District for the years 2019 (April Week 1), 2023 (April Week 1), and 2024 (March Week 3).
Featured Insight
The Cost of a Kevili Table in 2024
The cost of assorting a traditional “kevili” table for the Sinhala and Tamil New Year has gone down in 2024 compared to 2023 but remains more than twice as high as it was in 2019. The cost of ingredients in 2024 is 2% less than it was in 2023. In 2023 the costs had increased by 2.3 times compared to 2019. In 2024 this had reduced to 2.2 times the cost of 2019. A kevili table features an array of traditional Sri Lankan sweetmeats symbolising prosperity and happiness. Despite variations between households, the typical elements of a kevili table include milk rice, kokis, banana, aluwa, kevum, dodol, mun kevum, and butter cake. The analysis used quantities based on recipes from the popular YouTube channel “Appe Amma” for a household of 4-5 persons. Only the main ingredients were costed; utilities (electricity/gas) and spices were not costed. The price data was sourced directly from the Department of Census and Statistics, including its Open Market Weekly Average Retail prices in the Colombo District for the years 2019 (April Week 1), 2023 (April Week 1), and 2024 (March Week 3).
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International Monetary Fund
Insights and analysis on the 2023 IMF programme.
Sri Lanka met 29 IMF commitments and failed 3 by end-May
Sri Lanka had met 29 of the 100 trackable commitments of the International Monetary Fund (IMF) programme and had failed on three as of the end of May 2023, according to ‘The IMF Tracker’ dashboard of Verité Research.
From The PF Wire
Source:
Daily FT
President urges IMF to adopt balanced approach in...
President Anura Kumara Dissanayake stressed the need for a balanced IMF approach that addresses fiscal challenges while prioritizing social welfare, efficient resource use, and anti-corruption measures to rebuild public tru...
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Source:
The Morning
SL faces tough choices on IMF objectives
Sri Lanka is at a critical crossroads in its economic recovery, facing the challenge of balancing the need for fiscal flexibility with adherence to IMF targets. Deviating from these commitments could jeopardize access to es...
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Source:
Economy Next
IMF to discuss Sri Lanka review timing with new go...
The IMF is eager to work with Sri Lanka's new President Dissanayake and will soon discuss the timing of the third program review, acknowledging the country’s progress in meeting key economic targets.
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Sri Lanka verifiably failed to meet 33% o...
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Sri Lanka verif...
Sri Lanka met 35 IMF commitments and fai...
The sh...
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Featured
Tax revenue misses IMF target in 1st quarter!
According to the 2022 Annual Report from the Ministry of Finance, tax revenue for the first quarter of 2023 experienced a surge of 56%, amounting to LKR 578 billion. This was a increase from the LKR 370 billion collected during the same peri...
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IMF programme’s transparency falls to lowest point...
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International...
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Fiscal Targets: Budget 2024
Projections in the budget expect revenue to be 13.1% of GDP in 2024.
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