Lack of Openness in Govt Agencies a Concern for Assessing Budget Promises: Verité Research

    Lack of Openness in Govt Agencies a Concern for Assessing Budget Promises: Verité Research
    by |27 October 2021|Verité in the News
    Published on Lanka Business Online Independent research institute and think tank in Sri Lanka, Verité Research highlights that the level of openness of government agencies is a major concern in evaluating their performance against budget promises. Presenting an overview of...
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    Why did Sri Lanka’s Budget Deficit Increase in 2020?
    by |27 October 2021|Interviews & Articles
    Published on The Morning Sri Lanka’s budget deficit has doubled between the period of 2019 and 2020. The budget deficit increased from Rs. 1,016 billion in 2019 to Rs. 2,090 billion in 2020, an increase of Rs. 1,074 billion. This...
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    Secrecy of Budget and Cabinet Decisions Rose in 2020: Verite
    by |27 October 2021|Verité in the News
    Published on The Morning The latest findings of the think tank Verite Research Institute’s “Budget Promises: Beyond Parliament” platform, show that over the past year (2020), there has been an increased lack of willingness by ministries and government agencies to...
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    Verité Research Offers Solutions for USD Liquidity Crisis
    by |25 October 2021|Verité in the News
    Published on The Sunday Times A private think tank institute in Sri Lanka has said Sri Lanka faces bigger challenges ahead in the management of its foreign exchange reserves. “Sri Lanka’s foreign reserve would be completely depleted by the end...
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    Verité Research Pre-Budget Forum Offers Solutions for Forex Crisis, Presents Budget Proposals
    by |18 October 2021|Verité in the News
    Published on Daily Mirror Verité Research hosted the online discussion themed ‘Steering out of the Debt Crisis: Recipe for Budget 2022’ on October 14th. The event was anchored around addressing Sri Lanka’s debt and US dollar liquidity crisis, and featured...
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    Court of Appeal to be Moved to get the CID Cracking into Ratwatte Inquiry
    by |17 October 2021|Verité in the News
    Published on CounterPoint  CID cover up feared Cabraalnomics and economists who predict the worst is still to come Nagging foreign reserve crisis The immediate need for preemptive debt restructuring The Committee for Protecting Rights of Prisoners (CPRP) will file a writ in the Court of Appeal for an...
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    Verité Research hosts Pre-budget Forum, offers solutions for USD Liquidity Crisis and Proposals for Budget 2022
    by |15 October 2021|Press Release
    Verité Research hosted the online discussion Steering out of the Debt Crisis: Recipe for Budget 2022 on the 14th of October 2021. The event was anchored around addressing Sri Lanka’s debt and USD liquidity crisis, and featured presentations by Executive...
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    Charting a Path for Debt Sustainability in Sri Lanka
    by |14 October 2021
    Since December 2018 Sri Lanka has been subject to three notches down in rating by S&P, Moody’s and Fitch Ratings. This situation is a historical first for Sri Lanka. While many of Sri Lanka’s key macroeconomic indicators have, in the...
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    Ceylon Petroleum Corporation: What Drives the Losses?
    by |28 September 2021
    Ceylon Petroleum Corporation (CPC) is the state-owned enterprise in Sri Lanka with the largest accumulated losses – estimated at LKR 335 billion as of 2020. (more…)
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    Top Panel Sounds Alarm, Insists it’s Time for Urgent Economic Reforms
    by |16 September 2021|Verité in the News
    Published in the DailyFT Sri Lanka facing one of the worst economic crises in its history Pandemic only exacerbated existing economic weaknesses; roots lie in unsustainable debt, fiscal indiscipline and low rates of growth  To emerge from crisis, comprehensive and...
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