Thematic

Showing 3 Publication(s)
Employees Provident Fund (EPF)

The EPF’s management of equity investments are seriously at odds with its mission. It has hugely underperformed the All Share Price Index (ASPI), and earned only one fourth of what it would have earned if the same investment had been placed with the usual no-risk-low-return government securities, where 95% of the EPF funds are placed. Additionally, in 2010, the Employee’s Trust Fund’s (ETF) investments in equity performed 6 times better than the EPF’s investments in equity.

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Sri Lanka Budget Report 2012

The report summarises Sri Lanka’s macroeconomic environment, analysing the 2012 budget and providing a comparative study of government expenditure. It finds that the focus of government expenditure has shifted from funding welfare activities to funding infrastructure projects. It also considers the amount of government budget allocated under the executive presidency, inconsistencies in taxation policy and a summary of government expenditure and revenue.

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Doing Business Index 2012

The World Bank’s ‘Doing Business Index’ measures the ease with which domestic small and medium sized enterprises to do business. Between 2011 and 2012, Sri Lanka’s rank in the Doing Business Index rose by 9 places, from 98th to 89th. However, an analysis of Sri Lanka’s rise indicates that it was mainly attributed to a jump in the strengthening investor protection category, and that the country’s rank declined or performed poorly in the remaining 9 indicators.

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