Economy in Sri Lanka

Verité Research Pre-Budget Forum Offers Solutions for Forex Crisis, Presents Budget Proposals
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Published on Daily Mirror Verité Research hosted the online discussion themed ‘Steering out of the Debt Crisis: Recipe for Budget 2022’ on October 14th. The event was anchored around addressing Sri Lanka’s debt and US dollar liquidity crisis, and featured...
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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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Explained: The Adani Group’s recent Port Deal in Sri Lanka
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Published on The Hindu As per the 35 year-long BOT agreement, the Adani Group will have majority, 51%, stakes, while John Keells would hold 34%, and the SLPA, 15%. The story so far On September 30, 2021, the Gujarat-headquartered Adani Group...
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Top Panel Sounds Alarm, Insists it’s Time for Urgent Economic Reforms
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Published in the DailyFT Sri Lanka facing one of the worst economic crises in its history Pandemic only exacerbated existing economic weaknesses; roots lie in unsustainable debt, fiscal indiscipline and low rates of growth  To emerge from crisis, comprehensive and...
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ආනයන රෙගුලාසි පැනවීම – Nishan de Mel on Hiru Evening Newscast
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Executive Director Nishan de Mel speaks to Hiru News on the recently imposed import restrictions and their effect on government revenue, advocating ultimately for sound and critical policy analysis.
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Sri Lanka Inflation: Economic Emergency Causes Prices of Essential Goods to Soar – Nishan de Mel on CGTN News
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Executive Director speaks to CGTN News about the systemic causes of commodity hoarding and how an economic state of emergency can heighten the crises brought on by commodity hoarding.
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Sri Lanka Inflation: Economic Emergency Causes Prices of Essential Goods to Soar
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Published on CGTN Sri Lanka is under a state of emergency with rising costs and fears over the economy. And the President's proposals are igniting controversy. Roel Raymond reports. The price of essential items has increased greatly in Sri Lanka,...
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Sri Lanka Declares Economic Emergency – Nishan de Mel on Al Jazeera Inside Story
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Executive Director Nishan de Mel appears on Al Jazeera's Inside Story segment alongside State Minister Ajith Nivaard Cabraal and MP Harsha de Silva to discuss the sudden depreciation of the Sri Lankan rupee and the recent forex crisis.
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Proposed Tax Amnesty: Exercising Caution in Income Generation
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Published on The Morning  Govt. expects $ 500 m income through tax amnesty: Cabraal Important for people to submit their taxable supplies: IRD Chief Amnesties granted on previous occasions have failed: Dr. Wijewardena While the Government states it expects to...
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IMF or No IMF, Sri Lanka Needs Economic Analysis and Plan Going Forward
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Published in The Island Whatever Sri Lanka decides about dealing with its debt and paying its way through the world, the country needs to formulate a very good economic analysis and a publicly-backed plan that will establishc credibility of the...
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