Forensic Audit of Central Bank (2019): Assessment of losses to the EPF

Forensic Audit of Central Bank (2019): Assessment of losses to the EPF
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This note examines the bond and equity market forensic audit reports to ascertain the scale of the EPF’s losses in the past. It also highlights a significant underestimation of the actual losses, as the forensic audit omitted the period after...
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Sri Lanka: Resolution 30/1 Implementation Monitor — August 2024
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This is Verité Research’s latest study on the Sri Lankan government’s progress in fulfilling the commitments on reconciliation and accountability in UNHRC Resolution 30/1. At the 51st session of the United Nations Human Rights Council (UNHRC) in September and October...
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A rapid assessment on extending social security to domestic workers
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This report, commissioned by the International Labour Organization assesses the challenges in extending social security benefits to domestic workers in Sri Lanka. It highlights legal gaps, socio-cultural barriers, and practical issues with implementing key schemes like the Employees' Provident Fund...
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13% primary expenditure rule proposed for Sri Lanka departs from economic theory and practice
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The 13% primary expenditure rule proposed in a new public finance bill is at odds with established economic theory. It will undermine “good” public spending that enhances growth, efficiency, and social welfare. It will also make Sri Lanka a global...
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Looking Beyond the Economic Transformation Bill
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This note proposes three steps Sri Lanka could take to construct and manage high quality Investment Zones, drawing from regional and global best practices. First, is enacting a separate, overarching legislation to govern Zones. Second, is enhancing the quality of...
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Fading Beliefs: Addressing the Lacunae in the Right to Religious Worship in Sri Lanka
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This report delves into the intricate landscape of Freedom of Religion or Belief (FoRB) in Sri Lanka, particularly focusing on the challenges surrounding the establishment and maintenance of places of worship. It sheds light on discriminatory practices, including registration requirements...
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A Novel Governance – Linked Bond: As a Pareto Improving Instrument for Debt Restructuring
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This working paper outlines the technical and incentive dynamics for a proposed new sovereign debt instrument designed for countries with high country risk premiums, where this risk is, ceteris paribus, correlated with the quality of present and future governance. We...
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Trend Analysis of Violence Against Christians in Sri Lanka: November 2022 – October 2023
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Ethno-religious violence against minority groups in Sri Lanka is a long-entrenched phenomenon that has persisted, irrespective of changes in the political landscape of the country. This study examines critical trends in religiously motivated violence against Christians between November 2022 and...
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Blueprint for a Rational Government in Sri Lanka
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A 'Blueprint for a Rational Government in Sri Lanka', created by Verité Research and Manthri.lk, seeks to implement the recommendations from the White Paper on "A Rational Method for Cabinet Formation in Sri Lanka", published in 2020. It lists down...
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State of the Budget: 2024
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The State of the Budget 2024 report compiled by Verité Research assesses the financial, economic and fiscal assumptions, the computation of estimates, and reporting standards applied in the 2024 Budget Speech. The state of the Budget is set out in...
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