State of the Budget: 2024

    State of the Budget: 2024
    by |28 March 2024
    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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    Proposal for a Governance-Linked Bond in Restructuring Sri Lanka’s Debt
    by |05 February 2024
    To address the governance risk to debt sustainability and provide incentives for the Government of Sri Lanka to implement governance reforms, this proposal sets out the structure of a novel sovereign debt instrument that can be used for countries with...
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    Backwards in Blacklisting: Gaps in Sri Lanka’s Procurement Framework Enable Corruption
    by |08 January 2024
    The research brief titled "Backwards in Blacklisting: Gaps in Sri Lanka’s Procurement Framework Enable Corruption" by Verité Research, published in November 2023, critically evaluates Sri Lanka's public procurement system. It highlights two significant gaps: the legal gap, where procurement guidelines...
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    Personal Laws – An Analysis on Legal Gaps and Context
    by |16 December 2023
    Sri Lanka has specific personal laws applicable to distinct ethnic and religious groups, such as Kandyan law, Muslim law and Tesawlamai law. Critics, both domestically and internationally, have raised concerns about discriminatory provisions in Sri Lanka's personal laws that contradict...
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    Sexual Harassment in the Workplace — Overcoming Barriers to Justice
    by |31 October 2023
    This report provides a legal gap analysis on sexual harassment through a non-discriminative lens of gender and sexual construct, which compares Sri Lanka’s international obligations against the national laws on sexual harassment at the workplace. International legislative  practices as identified from...
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    Sri Lanka: Resolution 30/1 Implementation Monitor — March 2023
    by |16 October 2023
    This is Verité Research’s 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 2022,...
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    Retirement Funds Face Regressive Taxation in Sri Lanka
    by |12 October 2023
    In September 2023, Sri Lanka became the only country to restructure local currency debt by exclusively targeting retirement savings funds, excluding all others. This was justified by claiming that retirement savings were receiving preferential tax treatment. This insight finds both...
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    English Executive Summary : Online Proactive Disclosure under the RTI Act in Sri Lanka
    by |07 October 2023
    Verité Research developed the methodology for this assessment in 2017 with the support of the World Bank and assessed the compliance of 55 public authorities with their online proactive disclosure requirements under the RTI Act. The same methodology was adopted...
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    Online Proactive Disclosure under the RTI Act in Sri Lanka: Ranking Public Authorities
    by |04 September 2023
    Verité Research developed the methodology for this assessment in 2017 with the support of the World Bank and assessed the compliance of 55 public authorities with their online proactive disclosure requirements under the RTI Act. The same methodology was adopted...
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    Sri Lanka falls behind Least Developed Countries in Trade Facilitation
    by |21 July 2023
    While there may be numerous factors contributing to Sri Lanka’s sluggish export performance, this background note highlights an important one that puts Sri Lankan exporters at a disadvantage: the failure of the government to facilitate trade by making import and...
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