Verité Research to host expert commentary on Budget 2022 on 12th November

Verité Research to host expert commentary on Budget 2022 on 12th November
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Following the success of last year’s budget event, Verité Research will be hosting an expert commentary on the budget speech immediately after it has been presented to Parliament on 12th November. The commentary will focus on the promises made in...
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Budget 2022: What’s in Store?
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Published on Groundviews The Minister of Finance and Treasury officials have been busy putting the final touches to the 2022 budget. Numerous organizations, associations, chambers, critics and cheer leaders are even busier organizing pre-budget and post-budget discussions. This year’s budget...
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Verite Research Recommends Indexation Policy for Cigarette Taxing
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Published on Ceylon Today To reduce Cigarette consumption, while also increasing State revenue and maintaining profit for the Tobacco Company, a study by Verite Research recommends an optimal tax policy which could be indexed to inflation and real GDP growth,...
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Sub-optimal Tobacco Tax Policy Loses Rs. 20 B Revenue – Verite Research
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Published on Ceylon Today Sri Lanka currently loses an estimated Rs. 20 billion in revenue due to the sub-optimal nature of the country’s tobacco tax policy, says Verite Research. During a webinar it has organized, the research institute and think-tank...
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Verité Research presents Rational Formula for Cigarette Taxes at latest forum
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A Rational Formula for Cigarette Taxes: An Alternative to Ad Hoc Taxation was the title of a recent online seminar by Verité Research, on 28th October 2021. The analysis showed that the government is currently forfeiting 20 to 25 billion...
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Poor Budget Credibility Cited as Major Issue for Public Finances
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Published on Daily Mirror Govt. urged to institute better oversight by Parliamentary Committees and Parliamentary Budget Office “There was little to no information available to determine the progress of over half the (budget) proposals”- Verite  For over 67% of Cabinet...
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Revenue Enhancement Measures Critical in Budget 2022: Verité
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Published on The Morning Advises to expand tax base instead of increasing tax rate  According to former Economic Advisor to the Minister of Finance and Verité Research Director – Research Deshal de Mel, while revenue enhancement measures will be a...
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Verité Research Reveals Implementation Lags in 2020 Budget
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Published on DailyFT BudgetPromises, a platform to track delivery of Government budget proposals, revealed yesterday there was poorer visibility on many Cabinet decisions surrounding projects, with the proportion of proposals with restricted information more than doubling over the past two...
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Revenue Enhancement Measures Crucial for 2022 Budget
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Published on DailyFT Verité Director Research Deshal de Mel yesterday said revenue enhancement measures remained critical for the upcoming 2022 Budget. He said that as the Sri Lankan economy was still recovering from the impacts of the pandemic as were...
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Lack of Budget Credibility a Significant Challenge to the 2022 Budget
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The BudgetPromises dashboard on the PublicFinance.lk platform sheds light on two questions about Sri Lanka’s budget: “is the Government doing what it is saying?” and “is the Government saying what it is doing?” BudgetPromises was launched in 2017 and tracks...
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