Govt. exceeds borrowing limits by Rs 120 bn

    Govt. exceeds borrowing limits by Rs 120 bn
    by |15 May 2020|Verité in the News
    Taken from - news1st COLOMBO (News1st) : The government has exceeded its legal borrowing limits for the first quarter of 2020 by Rs 120 billion, a Colombo-based think tank has said. The Vote on Account, passed in October last year,...
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    Govt initiatives to reduce interest rates and boost economy
    by |17 April 2020|Verité in the News
    Taken from - DailyNews The government was acting in a manner to boost the economy and to reduce interest rates said, Verite Research Economist Deshal De Mel. He warned that due to a large informal sector the impact of COVID...
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    Economists debate over best response to fight COVID-19 while keeping economies less hurt
    by |17 April 2020|Verité in the News
    Taken from - DailyMirror Two economists recently vacillated between the current suppression strategy practiced by the Sri Lankan government by way of curfews and lockdowns and a mitigation strategy practiced in some East Asian countries to see which offered the...
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    Reconvene parliament, carry out more tests to contain COVID-19 in Sri Lanka, ex-legislators say in live online session
    by |17 April 2020|Verité in the News
    Taken from - economynext Select members of Sri Lanka’s dissolved parliament shared their views on the ongoing COVID-19 pandemic today in an unofficial “online parliamentary session” hosted by a Colombo-based private think tank. Among the issues discussed were the government’s...
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    People first, economy next, says top economist
    by |20 March 2020|Interviews & Articles
    Taken from - DailyMirror By Shabiya Ali Ahlam As Sri Lanka is witnessing its economy coming to an almost stagnant state due to the unavoidable measures taken by the government to contain the coronavirus (COVID-19) outbreak, a leading economist in...
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    Budget proposals need to be feasible; Nishan De Mel
    by |17 March 2020|Verité in the News
    Taken from News1st Budget Proposals advertised in the budget are not implemented because they were not seen as feasible, Verité Research Economist, Nishan De Mel said. De Mel, highlighted the importance of budget proposals to be implemented with detailed estimates...
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    Economist urges need for credible fiscal roadmap
    by |17 March 2020|Verité in the News
    Taken from DailyMirror Sri Lanka would need to demonstrate the return to a credible fiscal path, a transition the country would have to make before the next debt repayment that is due mid this year by shoring up government revenue,...
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    Need for prudent ministerial portfolio allocation urged for better public finance management
    by |05 March 2020|Verité in the News
    Taken from DailyMirror As Sri Lanka is gearing up for a parliamentary election, economists are stressing on the need to allocate ministerial portfolios in a more prudent manner so that the public finance management, amongst other areas, does not get...
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    Sri Lanka’s consumption could have recovered with smaller stimulus
    by |04 March 2020|Verité in the News
    Taken from DailyMirror Successive governments have failed to come up with a citizens’ budget that entails the necessary insights for the public to understand the viability of the proposals made and to break this recurring inefficient cycle, economic think tank...
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    Improving National Budget Practices: Solutions for a Professional Government
    by |02 March 2020
    Verité Research conducted a forum on " Improving National Budget Practices: Solutions for a Professional Government" on the 27th of February 2020 at Hilton Colombo. At this forum Verité Research discussed how the government can improve its budget process through...
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