Governments have consistently overestimated Revenue & these deviations have increased in value since 2014 Overestimations in revenue compels governments to ⬇️ Expenditure ⬆️ Borrowings Watch our video to learn more bit.ly/3hMOwgP #PublicFinanceLK

Did you know? In 2018, the deviation in Government Revenue was LKR 295 Billion Main contributors - Shortfalls in VAT and Import Duties

📈What do we know about #SriLanka's Debt/GDP ratio? • Gvt prediction: Debt/GDP ratio will⬇️to 75.5% by 2025 • Verité Research assessment: Debt/GDP ratio will⬆️to 115.6% by 2025 Watch our video to learn more about inconsistencies in #Budget2021 figures bit.ly/3bD4mtk

🚗Last year the government placed import restrictions on motor vehicles 📈How did this affect #SriLanka’s import tax revenue? bit.ly/3oUVp1s #PublicFinanceLK

Did you know that the cost of maintaining an office for a cabinet & state minister are similar? In 2021, the GoSL allocated LKR 2,590 Mn to maintain the offices of 30 Cabinet & 40 State Ministers Visit our blog for a breakdown of these expenses! bit.ly/2Z9XP1U

📈COVID-19 Impact on Trade How has Sri Lanka's trade fared in 2020 amidst COVID-19? #SriLanka #lka #COVID19 #exports #imports

📈COVID-19 Impact on Trade What impact did COVID-19 lockdowns have on international trade in 2020? #SriLanka #lka #COVID19 #Exports #Imports

📈 COVID-19 Impact on Trade How has Sri Lanka’s exports fared amidst COVID-19 when compared to previous global recessions? #SriLanka #lka #COVID19 #Exports

Did you know that public debt owed by #lka to other countries is underreported? This is because officially published figures on SOE external debt does not provide a country breakdown See recent case study by Verité Research on #lka debt to #China bit.ly/3vxvpOn

A case study by Verité Research identified 3 main problems in debt reporting in #SriLanka 🔴Poor visibility on ownership of debt 🔴Understating government debt 🔴Displacement of debt These infographics provide insight into each of these issues bit.ly/3vxvpOn

What can Sri Lanka do to succeed? Full of fresh insight, data and intellectual perspectives by SubhashiniAbeysinghe of Verité Research on re-understanding and re-thinking Sri Lanka. Hi Magazine interview with George Cooke. Every minute is thought provoking. youtu.be/IXpK2oLazmw

#VaccinateLKA Can presidential projection materialise? 13M ppl (26M doses) by Sept30 -> 98 days from today(June25) Run Rate(RR) in doses per day(dpd) ▪️Current RR < 25k dpd ▪️RR in last 10 days < 50k dpd ▪️Required RR > 225k dpd daily score posted at: epid.gov.lk/web/index.php?…

#VaccinateLKA scoreboard by Verité Research Projects date for having 67% of pop. vaccinated in #SriLanka. Projection is updated regularly, based on maintaining last 10 day run rate. Click on veriteresearch.org Or follow this thread for updates on the latest projected date

💰What are the stock market and bond market losses incurred by the EPF? ❓What can be done to minimise these losses in the future? Join our live discussion this Friday 17 Sep @ 4.30PM ✏️Register here: bit.ly/3tJl8y8

1/2 The #SriLankan government introduced new 🛬#import regulations on 8th September 2021. Do you know what products are affected by these new rules? See our graphic below for more clarity on the new import restrictions. #srilanka #Imports

According to the new 🛬 #importregulations in #SriLanka, only 7% of all imports are subject to the 100% cash margin requirement💰. Did you know that most of these imports belong to the #electronic equipment/machinery category which includes #mobilephones📱, #computers🖥️, etc.?

What do the new import rules actually mean?

I wrote an article on how market distortions, particulaly in the foreign exchange market, led to the current economic crisis in Sri Lanka. #EconomicCrisisLK #SriLankaEconomicCrisis #SriLanka #lka link.medium.com/sWODm3M5tpb

Sri Lanka’s Income Taxes: Too High, Too Low or Just Right? Shared some insights in the article below. #SriLanka #IncomeTax #economiccrisis #economy #lka 🇱🇰💰📊👉link.medium.com/xU6XnQzyQzb