Verité in the News

    CA Sri Lanka’s CEOs Forum Plays Nexus Role to Bridge Gap between Govt., Biz Community
    by |03 August 2021|Verité in the News
    Published in the DailyFT State Minister Nivard Cabraal urges private sector to look long-term, not focus only on short-term CB Chief says Govt. policy plan has heavy focus placed on exports, domestic production as well as entrepreneurship and SME activities...
    continue reading
    Sri Lanka Needs Medium and Long Term Plan to Overcome Debt Crisis
    by |01 August 2021|Verité in the News
    Published in The Sunday Times Although immediate debt repayment payments have been settled, the government will have to implement a medium and long term plan with clear policy derived by analysing all its aspects, a leading economist emphasised. Verite Research...
    continue reading
    Verité Research Hands over New Study on Due Process to Minister of Justice
    by |30 July 2021|Verité in the News
    Published in the DailyFT Verité Research yesterday handed over a report on Sri Lanka’s due process and preparedness during emergencies to Justice Minister Ali Sabry. The purpose of the report was to study the Judiciary’s response to the challenges of...
    continue reading
    Sri Lanka’s Rajapaksa Dynasty Is Not as Secure as It Appears
    by |15 July 2021|Verité in the News
    Published in The Economist SINCE WINNING the presidency in a landslide nearly two years ago, Gotabaya Rajapaksa has worried not that he has too many relatives in government, but that he has too few. One of the 72-year-old’s elder brothers,...
    continue reading
    Desperately Searching for Dollars: Importers and Import-Intensive Exporters Badly Hit
    by |04 July 2021|Verité in the News
    Published in The Sunday Times Importers continued to fret this week with containers–many of them holding inputs for export manufacturing–held up because dollar-strapped Sri Lankan banks were slow in settling payments with the sellers’ banks abroad. “I bring in raw...
    continue reading
    The Need for Increased Fuel Prices and Divestiture of Ceylon Petroleum Corporation
    by |27 June 2021|Verité in the News
    Published in The Island. In a recent TV talk show “Face the Nation”, a panel of economists mostly with experience in the private sector delivered an insightful and no holds barred discussion on the recent hike in petroland diesel prices. ...
    continue reading
    ‘SL Treats Investors as Most Welcome Partners’
    by |22 June 2021|Verité in the News
    Published in the Daily News Sri Lanka treats investors as the most welcome partners and offers strong fundamentals for investing together with regulatory support, investment protection, investment incentive framework and everything that an investor is looking for in a country....
    continue reading
    Investment Forum 2021 Aims Gamechanger for Sri Lanka
    by |31 May 2021|Verité in the News
    Published in the DailyFT The Sri Lanka Investment Forum 2021, a three-day virtual event to engage and attract foreign investment into Sri Lanka will commence on 7 June. The forum, jointly hosted by the Board of Investment, together with the...
    continue reading
    Treasury Rules Out Fraudulent Stats in Central Bank Report
    by |09 May 2021|Verité in the News
    Published in TheMorning.lk Responding to the recent outburst of MP Harsha De Silva in regard to the Central Bank of Sri Lanka’s Annual Report of 2020, Treasury Secretary S.R. Attygalle told The Sunday Morning Business that there is absolutely no fraudulent accounting...
    continue reading
    concessional financing
    Concessional Financing Is Not without Controversy – Report
    by |19 April 2021|Verité in the News
    Published in the Sunday Observer Explicitly evaluating whether loans are concessional or adverse considering the combined consequence of the grant element and cost escalation on the tied element/unsolicited proposal would be advantageous for Sri Lanka.  By contrast, at present only...
    continue reading