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Economic Policies in an Election Year: Suggested Priorities
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: Suggested Priorities
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: Suggested Priorities
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: Suggested Priorities
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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Revenue
Revenue
Insights and analysis of government revenue.
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000....
From The PF Wire
Source:
Economy Next
Sri Lanka Customs records Rs1tn revenue
Sri Lanka Customs achieved a record revenue of 1 trillion rupees so far this year, surpassing the previous high of 975 billion rupees in 2023.
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Source:
Daily Mirror
Tax concessions lead to Rs 978 bn foregone revenue...
In the fiscal year 2022/23, Sri Lanka's government disclosed a significant foregone revenue of LKR 978 billion, representing 56% of the total tax revenue, due to tax concessions. PublicFinance.lk, a leading economic insights platform mai...
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Source:
Daily News
Surcharge Tax Bill gazette in House
The Budget 2022 proposes to impose a one-off 25 percent surcharge tax on individuals or companies earning taxable income more than Rs.2,000 million for the assessment year 2020/2021. The Attorney General’s clearance has been received for the Surcharge Tax Bill pre...
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Insight on Revenue
The budget deficit has increased in 2019...
The recently released figures for 2019 show that government revenue ha...
Consistent revenue shortfalls lead to mo...
The deviation in government revenue from...
Changes in Special Commodity Levy (SCL)...
On 22 May 2020, Sri Lanka made changes to...
Cigarette Taxes: The cost of failure
The Government proposed a policy to syste...
Cigarette Taxation: 20 Billion Extra Rev...
The Government could raise an extra Rs. 2...
Sri Lanka’s Fiscal Outlook 2020
The International Monterey Fund estimates...
Tax Revenue Categories
How could COVID-19 affect government reve...
Overestimations in Revenue Expectations
Governments have consistently overestimated revenue and thes...
Cigarette Tax Indexation: Getting it Rig...
The indexation method introduced in 2019...
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Featured
Summary: Budget 2024
The 2024 budget expects budget deficit for the year 2024 to increase by 19%.
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Calculating the Loss to the EPF from Proposed DDR
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...
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Is Sri Lanka Addicted to Missing Revenue Targets?
This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...
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