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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
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:
The Morning
SL collects record revenue in May
In May 2024, Sri Lanka collected a record Rs. 400 billion in revenue, with total government revenue for the first five months reaching Rs. 1,619.2 billion, significantly up from Rs. 1,122.4 billion in the same period in 202...
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Source:
Economy Next
Sri Lanka exceeds tax revenue target by 6% in firs...
Sri Lanka's revenue collection agencies have exceeded expectations in the first quarter of 2024, surpassing the tax revenue target by 6%. State Revenue Minister Ranjith Siyambalapitiya hailed this achievement as a positive turnaround aft...
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Source:
Daily FT
LKR 27 BN losses in excise revenue due to Covid si...
The Government has lost Rs. 27 billion in excise revenue this year due to the current COVID situation, Commissioner General of Excise M.J. Gunasiri has informed the Committee meeting on Public Accounts (COPA). He said that although the proje...
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Insight on Revenue
Fixing Sri Lanka's Revenue Problem is a...
Taxes are the key source of government revenue. Normally, the tax shar...
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Featured
The EPF is the Single Largest Holder of Government...
On June 28, 2023, the Sri Lankan government unveiled its Domestic Debt Restructuring plan. A key component of this plan is the restructuring of bond holdings associated with superannuation funds, which are funds set up for retirement benefit...
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Defence budget for uniforms and diets alone up by...
Based on the 2024 budget estimates, expenditure on uniforms and diets in the defence sector is projected to increase by a significant LKR 75 billion, a 258 percent rise compared to 2022.
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Sharing the cost of the crisis: The need to restru...
This article was compiled by Professor Udara Peiris. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Fi...
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