An effective vaccination strategy is a necessity for countries to move beyond COVID-19. However, it also requires careful policymaking to balance the financial cost of purchasing and delivering vaccines while stimulating economic growth. This article, based on a recent IPS analysis, provides an overview of the approximate costs associated with the COVID-19 vaccination rollout in Sri Lanka and evaluates policy options to finance the initiative. The authors argue that the government is best off pursuing a medium-term self-financing option through targetted tax interventions and if required, through external financing.
For women’s month, we posed the following question to some of our researchers: what are some of the challenges women in Sri Lanka face from a gender equality standpoint and how can we tackle them? This blog carries responses from Ashani Abayasekara, Research Economist; Kithmina Hewage, Research Economist; Harini Weerasekera, Research Economist; Chathurga Karunanayake, Research Officer; and Tharindu Udayanga, Research Assistant.
Better information on the types of workers who are able to continue to carry out their tasks from home can help the government to design policies to reduce disruptions to economic activities. This blog examines the plausibility to WFH for different types of workers in Sri Lanka.
The formation of the world’s largest regional trade bloc – the Regional Comprehensive Economic Partnership (RCEP) in November 2020 – on Sri Lanka’s doorstep raises fresh questions about how the country will navigate its most recent Asia-centric re-positioning.
Reducing Health Costs and Increasing Government Revenue beyond COVID-19: A Case for Raising Cigarette Taxes in Sri Lanka
Increasing and simplifying excise taxes are prescribed by the WHO Framework Convention for Tobacco Control (WHO FCTC) and are the most cost-effective tools that governments can employ to reduce smoking rates. However, the tobacco industry strongly opposes raising taxes on cigarettes. Further, Sri Lanka has some misinformed cigarette taxation practices in place. This blog shows the fallacies in these arguments and practices, and highlights the importance of streamlining taxation policies in the country, with the objective of reducing smoking prevalence and reducing smoking related health costs.