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Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an economist specializing in international trade. Subhashini has worked for the Ceylon Chamber of Commerce (CCC) for nearly 10 years as a senior economist. She has also worked as a visiting lecturer at Faculty of Graduate Studies of the University of Colombo and Sir John Kotalawela Defence University in Sri Lanka. Chathuni Pabasara currently works as a Research Analyst for the Economics Team at Verité Research. She received her Bachelor of Business and Commerce in Applied Economics from Monash University Malaysia. Her interest areas are public finance
Featured Insight
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an economist specializing in international trade. Subhashini has worked for the Ceylon Chamber of Commerce (CCC) for nearly 10 years as a senior economist. She has also worked as a visiting lecturer at Faculty of Graduate Studies of the University of Colombo and Sir John Kotalawela Defence University in Sri Lanka. Chathuni Pabasara currently works as a Research Analyst for the Economics Team at Verité Research. She received her Bachelor of Business and Commerce in Applied Economics from Monash University Malaysia. Her interest areas are public finance
Featured Insight
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an economist specializing in international trade. Subhashini has worked for the Ceylon Chamber of Commerce (CCC) for nearly 10 years as a senior economist. She has also worked as a visiting lecturer at Faculty of Graduate Studies of the University of Colombo and Sir John Kotalawela Defence University in Sri Lanka. Chathuni Pabasara currently works as a Research Analyst for the Economics Team at Verité Research. She received her Bachelor of Business and Commerce in Applied Economics from Monash University Malaysia. Her interest areas are public finance
Featured Insight
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
This article was compiled by Subhashini Abeysinghe and Chathuni Pabasara. Subhashini Abeysinghe is a Research Director at Verité Research and an economist specializing in international trade. Subhashini has worked for the Ceylon Chamber of Commerce (CCC) for nearly 10 years as a senior economist. She has also worked as a visiting lecturer at Faculty of Graduate Studies of the University of Colombo and Sir John Kotalawela Defence University in Sri Lanka. Chathuni Pabasara currently works as a Research Analyst for the Economics Team at Verité Research. She received her Bachelor of Business and Commerce in Applied Economics from Monash University Malaysia. Her interest areas are public finance
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Revenue
Insights and analysis of government revenue.
Revenue Foregone by Government Due to Tax Concessions
For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported on 31 March. The...
From The PF Wire
Source:
Daily Mirror
Controversial Social Security Contribution levy c...
The controversial Social Security Contribution (SSC) levy came into effect this week with 2.5 percent slapped on turnover on a wider base of businesses with annual taxable turnover exceeding Rs.120 million as the bill was passed in Parliamen...
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Source:
EconomyNext
Sri Lanka 2021 imports surge to 20.6bn amid contro...
Sri Lanka’s imports surged to 2.2 billion US dollars in December 2022 from around 1.6 to 1.7 billion US dollars in earlier months, while full year imports rose to 20.6 billion dollars, higher than the 19.9 billion US dollars in the pre...
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Source:
EconomyNext
Sri Lanka taxes frozen mackerel at Rs 6.00 a kilo,...
Sri Lanka has issued a gazette notice taxing mackerel at 6.00 rupees a kilogram while taxing kurakkan at 70 rupee a kilogram. htt...
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Insight on Revenue
Revenue Foregone by Government Due to Ta...
For the fiscal year 2022/23 (April to Mar...
Primary and Budget Balances move in oppo...
The Fiscal Management Report 2024 publish...
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently over...
VAT to reach 20 year high from January
The Cabinet recently sanctioned an increa...
Tax revenue misses IMF target in 1st qua...
According to the 2022 Annual Report from...
Why did Sri Lanka fall short of revised...
Sri Lanka mis...
What Caused the Rise in Tax Revenue from...
In the Central Bank's Annual Report f...
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most So...
Government Revenue Loss due to the Sugar...
The Special Commodity Levy (SCL) on impor...
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Featured
The Government Has to Repay Yearly an Average of U...
The infographic shows the actual annual foreign debt service payments of GOSL (Government of Sri Lanka) from 2010 to 2020 and the projected foreign debt service payments from 2021 to 2025.
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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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WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key co...
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