JVP Dominates Survey For Most Active MPs During Budget Debate

JVP Dominates Survey For Most Active MPs During Budget Debate
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Three Parliamentarians representing the Janatha Vimukthi Peramuna have topped a survey conducted by Manthri.lk for the most active Parliamentarians during the budget debate in Parliament. JVP Leader Anura Kumara Dissanayake has topped the ranking as the most active MP during...
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Fixing Sri Lanka’s Revenue Problem is a Priority
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Taxes are the key source of government revenue. Normally, tax share as a percentage of GDP is expected to increase as per capita GDP rises. This Insight shows that in Sri Lanka, this is not the case; the country’s per...
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FCTC compliance with cigarette taxation
FCTC Evaluation: Sri Lanka’s Price and Tax Measures to Reduce the Demand for Tobacco
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The Framework Convention on Tobacco Control (FCTC) is the world's first public health treaty and was adopted by the WHO in 2003 at the 56th World Health Assembly. Article 6 of the FCTC focuses on the use of tobacco taxation...
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Cigarette Taxes Need Parliament’s Oversight
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Every year, on the 31st of May, the World Health Organisation (WHO) and partners mark World No Tobacco Day. This day is set apart to highlight the health risks associated with tobacco use and to advocate for effective policies to...
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Economic mismanagement is a governance problem – it needs governance solutions
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Elected officials and selected bureaucrats are given a huge amount of power to act on behalf of the public – modern democracies function on this basis: that citizens hand over their power to elected representatives. But how can citizens then...
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Exchange rate management: politics trumps professionalism
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Most people in a country don’t understand the intricacies of exchange rate management. Nevertheless, actions in this regard have significant implications for the economic stability, growth and overall success of the economy, on which human development is fostered. This Insight...
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Central Bank’s 30 Year Bond Debacle: What is the Loss?
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In February 2015 the Central Bank of Sri Lanka called an auction for one billion rupees on a 30 year bond. It then accepted 10 fold – 10 billion rupees – after the bids were in. This Insight identifies three...
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Sri Lanka’s international borrowing costs are not declining
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The government first raised international debt through bonds in October 2007. Since then several international bonds have been issued to feed the government’s twin demands: financing its spending and propping up foreign reserves. While this trend of foreign borrowing is...
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VR Working Paper: A Technical Case for Affordability- Based Pricing of Cigarettes
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By 2014, tax revenue from cigarettes accounted for over 4.9% of total government revenue. However, thus far, Sri Lanka’s tax adjustments have been ad hoc, and driven by political and bureaucratic discretion rather than a logical, transparent, and systematic policy. ...
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Education inequality and affirmative action: Towards a better estimation
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The working paper was presented at the CEPA Annual Poverty Symposium held in September 2013. The education sector had witnessed an overall decline in terms of budgetary allocations, and was also subject to inequality in distribution of educational opportunities within...
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