economy

    Sri Lanka CenBank May Raise Rates as Inflation Pressure Builds
    by |18 January 2022|Verité in the News
    Published on Reuters The Central Bank of Sri Lanka (CBSL) is likely to raise interest rates at its first policy announcement in 2022 to tackle growing price pressures, manage external challenges and reduce pressure on the rupee, economists and analysts...
    continue reading
    Business Sentiment – Confidence at A Seven Month High
    by |03 January 2022|Verité in the News
    Published on Ada Derena Biz At a recent economic forum organised by the Ceylon Chamber of Commerce, Nishan de Mel – the Executive Director of Verité Research – stated that Sri Lanka should pursue a debt restructure by drawing up...
    continue reading
    Sri Lanka is Being Pushed Towards Bankruptcy; Budget does not address any burning issues: Eran
    by |21 December 2021|Verité in the News
    Published on Lanka Business Online The country has plunged into a massive financial crisis, with all sectors including the economy collapsing but the budget 2022 has no proposals to resolve any of the burning issues said Eran Wickramaratne addressing the...
    continue reading
    Budget Deeply Flawed: Nishan de Mel
    by |13 December 2021|Verité in the News
    Published on The Morning The Budget for the fiscal year 2022, which was passed with a majority of 93 votes at its third reading in Parliament, is flawed, pointed out Colombo-based think tank Verité Research Executive Director Nishan de Mel....
    continue reading
    Budget Fails to set up Stable Fiscal Regime – Verite Research
    by |12 December 2021|Verité in the News
    Published on Sunday Observer  The 2022 Budget fails to set up a stable fiscal regime pledged by the Government early last year by proposing substantial reforms to major taxes, stated a public report on the Budget 2022 by Verite Research...
    continue reading
    Govt. continues to amend Governing Fiscal Law to suit its Agenda: Verité Research
    by |10 December 2021|Verité in the News
    Published on Daily Mirror The credibility of the government is significantly undermined as authorities continue to fail in adhering to the governing fiscal law of the country, the Colombo-based economic think-tank Verité Research said in their latest report. While the...
    continue reading
    “Regular violations, changes to law erode credibility”
    by |10 December 2021|Verité in the News
    Published on Ceylon Today The failure of the executive to adhere to the governing fiscal law significantly undermines the overall credibility of the government, says the Colombo-based think-tank Verité Research. In addition, parliament has a responsibility to ensure that the...
    continue reading
    Budget and Tax
    by |10 December 2021|Verité in the News
    Published on DailyFT Coinciding with the third reading of Budget 2022 today, Verité Research this week released a public report detailing the research organisation’s analysis on the estimates and assumptions used in the formulation of the Budget. In it, Verité...
    continue reading
    Demystifying Increase in Sri Lanka’s Debt
    by |09 December 2021|Interviews & Articles
    Published on Daily Mirror In the last 70 years, Sri Lanka has never been in a more precarious position with regard to the repayment of its debt, than at present, in December 2021. There is much that is said in...
    continue reading
    Govt. Urged to Initiate Groundwork for Debt Restructuring as Plan B
    by |09 December 2021|Verité in the News
    Published on Daily Mirror Verite Research ED Dr. Nishan de Mel says SL will be in deeper crisis if govt. waits longer for Plan B Says govt.’s Plan A would push SL to sell or forfeit enormously valuable national assets...
    continue reading