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An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
Featured Insight
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
Featured Insight
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
Featured Insight
An Overview of IMF Extended Fund Facility
This article was compiled by Professor Udara Peiris and Raj Prabu Rajakulendran. Udara Peiris joined Oberlin in the fall of 2022. He was previously a tenured Associate Professor of Finance at HSE University (at the department ICEF) in Russia and has taught at the University of Warwick, and the University of Oxford (both in the UK). He was a research advisor to the Central Bank of Russia, consulted the Government of Sri Lanka, and presented his research at institutions including the IMF, Federal Reserve System, Bank of England, and Reserve Bank of Australia. His research has a strong policy focus and covers the nexus between the macroeconomy and the financial markets. Raj is a Lead Economist within the Economic Research Team at Verité Research. He specializes in providing in-depth analysis and expert insights on Sri Lanka's macroeconomic conditions and policies. His research areas include public finance, macroeconomics, debt sustainability, and economic governance.
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Revenue
Insights and analysis of government revenue.
Will the Increase in Cigarette Taxes Meet Budgeted Revenue?
On the 1st of Jan 2023, the government increased excises taxes on cigarettes by 20% as follows: Size Old Excise Tax per Cigarette New Excise Tax per Cigarette...
From The PF Wire
Source:
Daily Mirror
Govt. throws tax net to 14 more fields
Government has registered 14 previously overlooked fields for mandatory tax payments, which, along with stringent investigations by the Inland Revenue Department, has increased tax revenue from 8.3% to over 11% of GDP.
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Source:
Daily Ft
Harsha proposes new PAYE tax scheme focused on pro...
SJB MP Dr. Harsha de Silva has proposed an alternative PAYE taxation system to address the emigration of professionals from the country. The proposal, developed after discussions with the Professionals Trade Union Alliance, aims to create a...
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Source:
Sunday Times
Banks, finance and other companies requested to pa...
The Inland Revenue Department (IRD) has called on large banks, finance companies and private sector companies to pay their first quarter taxes upfront, ahead of the due date, as the Government is facing a cash-flow problem in paying public s...
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Insight on Revenue
Sri Lanka's rubber product exports to th...
On 2 April, US President Donald Trump imp...
Sri Lanka's No. 1 export to the US faces...
On 2 April, US President Donald Trump imp...
Government revenue set to rise by LKR 92...
The approved budget estimates for 2025 pr...
Sri Lanka’s new personal income tax stru...
In his recent address to Parliament, the...
Tax policy proposals announced by the pr...
In his parliamentary speech on December 1...
Sri Lanka’s higher tax rate and lower re...
Sri Lanka's Corporate Income Tax (CIT...
Government revenue rose during the first...
During the first eight months of 2024, go...
Sri Lanka’s generous tax-free personal i...
Sri Lanka has the highest tax-free income...
Sri Lanka’s quick climb to the top perso...
Sri Lanka imposes its highest tax rate at...
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Featured
Sri Lanka Has The Highest Inflation Amongst South...
Sri Lanka, amidst facing one of its worst economic crisis, is currently experiencing rapidly rising inflation. The inflation increased to 15.1% year-on-year in February 2022, a 13-year high. When compared against other...
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IMF programme’s transparency falls to lowest point...
The latest update from 'IMF Tracker’ of Verité Research, an online platform which tracks the 100 identified commitments in Sri Lanka’s 17th programme with the International...
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Quantifying grants received by Sri Lanka from 1973...
Since independence, Sri Lanka has been the recipient of bilateral and multilateral grants that have supported various initiatives, including knowledge transfers, health and education improvements, infrastructure development, and critical hum...
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