budget

Budget 2022: What’s in Store?
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Published on Groundviews The Minister of Finance and Treasury officials have been busy putting the final touches to the 2022 budget. Numerous organizations, associations, chambers, critics and cheer leaders are even busier organizing pre-budget and post-budget discussions. This year’s budget...
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Poor Budget Credibility Cited as Major Issue for Public Finances
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Published on Daily Mirror Govt. urged to institute better oversight by Parliamentary Committees and Parliamentary Budget Office “There was little to no information available to determine the progress of over half the (budget) proposals”- Verite  For over 67% of Cabinet...
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Revenue Enhancement Measures Critical in Budget 2022: Verité
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Published on The Morning Advises to expand tax base instead of increasing tax rate  According to former Economic Advisor to the Minister of Finance and Verité Research Director – Research Deshal de Mel, while revenue enhancement measures will be a...
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Verité Research Reveals Implementation Lags in 2020 Budget
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Published on DailyFT BudgetPromises, a platform to track delivery of Government budget proposals, revealed yesterday there was poorer visibility on many Cabinet decisions surrounding projects, with the proportion of proposals with restricted information more than doubling over the past two...
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Revenue Enhancement Measures Crucial for 2022 Budget
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Published on DailyFT Verité Director Research Deshal de Mel yesterday said revenue enhancement measures remained critical for the upcoming 2022 Budget. He said that as the Sri Lankan economy was still recovering from the impacts of the pandemic as were...
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Lack of Openness in Govt Agencies a Concern for Assessing Budget Promises: Verité Research
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Published on Lanka Business Online Independent research institute and think tank in Sri Lanka, Verité Research highlights that the level of openness of government agencies is a major concern in evaluating their performance against budget promises. Presenting an overview of...
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Secrecy of Budget and Cabinet Decisions Rose in 2020: Verite
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Published on The Morning The latest findings of the think tank Verite Research Institute’s “Budget Promises: Beyond Parliament” platform, show that over the past year (2020), there has been an increased lack of willingness by ministries and government agencies to...
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Court of Appeal to be Moved to get the CID Cracking into Ratwatte Inquiry
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Published on CounterPoint  CID cover up feared Cabraalnomics and economists who predict the worst is still to come Nagging foreign reserve crisis The immediate need for preemptive debt restructuring The Committee for Protecting Rights of Prisoners (CPRP) will file a writ in the Court of Appeal for an...
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Verité Moots 8 – 10% VAT for % and 2022
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Published on The Morning Advises to increase to 10-12% in 2023, 12-15% in 2024 Proposes to increase to increase(sic) excise tax on cigarettes and alcohol Makes more tax proposals on raising govt. revenue In view of the upcoming Budget 2022,...
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Un SDG on Gender Equality and Women Empowerment Unlikely to Be Fulfilled by SL: Study
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Published in the Daily Mirror Sri Lanka is unlikely to realize by 2030 the United Nations (UN) Sustainable Development Goal (SDG) on gender equality and women empowerment as lack of monitoring and accountability hinders the ability in moving in that...
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