Verité Research

The Right to Information Act was enacted in 2016 and it requires the government to 'proactively disclose' information to the public, in order to increase transparency. How transparent has the government been over these 8 years? Swipe to find out #rti #rightoinformation #rightoinformationact #proactivedisclosure 𝐒𝐭𝐚𝐲 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐚𝐧𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝! Join our WhatsApp Channel: https://lnkd.in/gpdUh2JM

🔴 As highlighted in our research report, 'Strengthening Disaster Preparedness in Sri Lanka: Addressing Institutional Gaps,' and echoed by the Disaster Management Centre, the failure to adequately address disaster preparedness places a significant economic burden on the nation. 🔴 Legal action against negligence in disaster response will only add to this strain. Proactive measures are essential to mitigate impact on lives and livelihoods of people. https://lnkd.in/gA2GQHa9 👉 Access our report here: https://bit.ly/3VkSRN6

High Tax Rate - Low Tax Revenue❗   Sri Lanka currently has the joint highest Corporate Income Tax (CIT) rate among six South Asian countries, but the second lowest CIT revenue. How was it in the past? What has changed in the recent years?   Read our blog to find out: https://lnkd.in/gyx32DgE

Deepanjalie Abeywardana, the Deputy Director of Verité Media and Politics, a division at Verité Research, has been selected as a Commonwealth election observer for the upcoming general elections in Ghana. https://lnkd.in/gCH6iCBY

🔴 Verité Research’s upcoming seminar will feature insights from internationally recognized experts on sovereign debt restructuring and insolvency laws. Dr. Nishan de Mel, Executive Director of Verité Research, is an economist with extensive experience in academia, policy, and private sector advisory. He conceptualized and designed the governance-linked bonds—a novel instrument introduced to Sri Lanka’s debt negotiations, which was subsequently included in the April proposal and the September Agreement with the Ad Hoc Group of Bondholders. This innovative instrument is positioned for adoption internationally in any debt negotiation. #debt #srilanka #seminar

Verité Research’s upcoming seminar will feature insights from internationally recognized experts on sovereign debt restructuring and insolvency laws. Dimitrios Lyratzakis, Associate at White & Case, has advised on the restructuring of over $170 billion in sovereign and sub-sovereign debt, including Sri Lanka, Lebanon, Argentina, Suriname, and Zambia.

https://lnkd.in/gpBNuqFj ⬆️ This article cites the Right To Information (RTI) request submitted by Verité Research in 2017 to obtain information on how EPF funds are invested. The RTI Commission ruled that the information should be released. The Central Bank is yet to do so. The forensic audit of the Central Bank published in 2019 revealed very large undue losses suffered by the EPF from Jan 2002 to Feb 2015, through violations of due process. Bond market losses from Feb 2015 onwards, including in the "bond scam" period, have not been subject to a forensic audit. This article raises important questions on these and other issues relating to the protection of the EPF #SriLanka #lka #centralbank #finance #epf #rti #hariniamarasuriya

Verité Research’s upcoming seminar will feature insights from internationally recognised experts on sovereign debt restructuring and insolvency laws. Shaun Langhorne, a Partner at Clifford Chance and a Band 1-ranked expert in Restructuring/Insolvency, brings extensive experience in multi-stakeholder and cross-border restructuring across the Asia-Pacific. #spotlight #speakerspotlight 𝐒𝐭𝐚𝐲 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐚𝐧𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝! 💬 Join our WhatsApp Channel: https://lnkd.in/ghdF2PqC

🔴Verité Research will be spearheading an exclusive seminar exploring key global lessons on sovereign debt restructuring and insolvency laws, with perspectives from internationally recognised experts: 💡Shaun Langhorne – Partner at Clifford Chance, Singapore. Shaun is a Band 1-ranked expert in Restructuring/Insolvency and brings deep expertise in multi-stakeholder and cross-border restructuring, insolvencies, and recovery litigation across Asia Pacific. 💡Dimitrios Lyratzakis – Associate at White & Case, London. Dimitrios is currently advising the largest bondholder groups in the debt restructurings of Sri Lanka and Lebanon and has advised the bondholder groups in the debt restructurings of Argentina, Ecuador, the Province of Buenos Aires, and several other Argentine provinces. 💡Nishan de Mel - Executive Director at Verité Research, Sri Lanka. Nishan is an economist with extensive academic, policy, and private sector experience. He has been a member of key national bodies and committees and has held governance, teaching, and research roles, including as a lecturer in Economics at the University of Oxford, UK. #seminar #debtrestructuring #insolvency

Sri Lanka’s public sector workforce is larger than most countries in South and South-East Asia. As a result, the government has spent 31% of its revenue on ‘salaries and wages’ in 2023. What makes SL unique that it needs such a large public sector? Visit our blog for more details: https://lnkd.in/gVCznejE #publicsector #southeastasia #srilanka 𝐒𝐭𝐚𝐲 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐚𝐧𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐞𝐝! 💬 Join our WhatsApp Channel: https://lnkd.in/ghdF2PqC