Macroeconomics and Policy Efficiency

Accelerating Economic Growth in Sri Lanka

> Dr. Saman Kelegama, Executive Director – IPS, delivered the Dr. N.M. Perera’s 106th Birth Anniversary Memorial Lecture at the Dr. N.M. Perera Centre on the 6th of June 2011. (This synopsis appears exclusively in the Daily FT of Friday …

Role of the State in Socio-Economic Development: Some Issues to Consider for Sri Lanka

> by Malathy Knight (Research Fellow) & Anushka Wijesinha (Research Officer) – IPS  ‘The Economist’ of March 19th 2011 carried an article titled “Taming Leviathan: A Special Report on the Future of the State” (http://www.economist.com/node/18359896). We draw on selected policy …

Making Public Servants Liable for PAYE Tax: Ending the Exclusive Exemption, but what Implications for Revenue?

> by Anushka Wijesinha* and Nethmini Perera (Research Officers – IPS) • Extending PAYE (Pay As You Earn) tax to public employees can raise revenue by 23%, but simultaneous raising of the tax free threshold drops revenue by 40%• Yet, …

Tax issues –Current system not delivering needed revenue

> The following interview with Dr. Saman Kelegama, Executive Director – IPS, appeared in the Business Times on 21st November 2010. http://sundaytimes.lk/101121/BusinessTimes/bt10.html  A few days before President Mahinda Rajapaksa presents the 2011 national budget (takes place tomorrow), Dr. Saman Kelegama, …

Better Targeting of Transfers: The Fertilizer Subsidy

By Manoj Tibbotuwawa, Research Officer – IPS Credit Sanjeewa Siriwardana The second article in the “Fiscal Imperatives” series deals with another contentious transfer programme, the fertilizer subsidy. In 2009, the fertilizer subsidy accounted for 3% of total government expenditure and …