Targeting Assistance: Electricity Consumption is a Superior Method – Verité Research Sri Lanka Economic Policy Group

by |02 August 202217 August 2022|Press Release

In their second public release, supported by a new research note, the Verité Research Sri Lanka Economic Policy Group recommends using electricity consumption as a highly effective and efficient method for targeting cash transfers to the poor. The analysis finds...

Targeting Assistance: Electricity Consumption is a Superior Method

by |26 July 202228 July 2022

As Sri Lanka’s crisis continues, up to 50% or more of the population is likely to need state support, however current targeting through Samurdhi reaches just about a quarter of all households and only 40% of the poorest individuals. As...

Gender-Responsive Budgeting: Evaluating Key Performance Indicators July 2022

by |08 July 202220 October 2022

This report highlights the failure of the Sri Lankan government in implementing gender responsive budgeting in Sri Lanka. The case of gender KPIs provides a detailed case study of how poor planning of government policies can lead to poor accountability...

பால்நிலை பொறுப்பு வரவு செலவுத்திட்டத் தயாரிப்பு

by |30 June 202220 October 2022

இந்த அறிக்கை, இலங்கையில் பால்நிலை பொறுப்பு வரவுசெலவுத் திட்டத்தை நடைமுறைப்படுத்துவதில் இலங்கை அரசாங்கத்தின் தோல்வியை எடுத்துக்காட்டுகிறது. (more…)

Immediate Fixes to Sri Lanka’s Revenue Problem

by |22 June 202222 June 2022

Major taxation policy changes announced in December 2019 included the removal of Pay-As-You-Earn (PAYE) and Withholding Tax (WHT), which were efficient tax collection mechanisms. Sri Lanka also silently abandoned an indexation-based tax collection formula for cigarettes that had been approved...

Verité Research Sri Lanka Economic Policy Group recommends immediately reinstating PAYE and WHT tax collection methods and implementing the formula on cigarette taxation

by |20 June 202220 June 2022|Press Release

These are immediate simple efficiency measures that will increase tax collection by LKR 229 BN for 2023, and proportionately for the rest of 2022. Sri Lanka ran out of foreign currency reserves and suspended debt re-payment in April 2022. People’s...

Restoring Efficient Tax Collection Methods: Withholding Tax and Pay-As-You-Earn

by |20 June 202220 June 2022

This note by the Verité Research Sri Lanka Economic Policy Group estimates the additional revenue that can be collected from reinstating in Sri Lanka two methods of efficient tax collection that were discontinued in 2020. That is: the withholding tax...

Mood of the Nation – January 2022

by |02 March 202201 July 2022

Verité Research launches Gallup style “Mood of the Nation” poll in Sri Lanka. Government approval rating is only 10% Gallup is the most reputed polling organisation in the world. It runs a regular “Mood of the Nation” poll in the...

De-mystifying the Increase in Sri Lanka’s Debt

by |28 February 202201 March 2022

This insight explains and navigates five sources of complications in calculating the increase in debt and the sources of debt increment in Sri Lanka over the years. (more…)

State Revenue: What Happened to the Tax Amnesty?

by |22 January 202224 January 2022|Verité in the News

Published on The Morning IRD refuses to provide info on tax amnesty funds Tax amnesties in SL have been ineffective: Think tank Balance between voluntary tax compliance and deterrence needed The Government of Sri Lanka last year presented a controversial...

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