Forging Resilience through Adaptive Social Protection When Crises Collide

Adaptive Social Protection (ASP) requires the integration of social protection systems with disaster risk reduction strategies. Sri Lanka possesses much of the necessary infrastructure for ASP; however, greater emphasis is needed on integrating these systems to establish a successful ASP framework.

Recalibrating Aswesuma: A Move Towards a Dynamic and Adaptive Social Registry in Sri Lanka

  In April this year, the Cabinet approved the expansion and extension of Aswesuma. This is timely, as strengthening social protection remains a critical priority for Sri Lanka, which continues to grapple with the aftermath of its economic crisis. However, …

New Year, New VAT: Can Sri Lanka’s Poor Cope with the Increase?

Ringing in the new year for Sri Lankans was an increase in the value-added tax (VAT) rate to 18% and a withdrawal of tax exemptions on several goods and services. The last day of 2023 witnessed long queues as people rushed to stock up on essentials such as fuel and gas. Although queues are a familiar sight following the onset of the economic crisis, this time around, it was to avoid being hit with the VAT hike.

In light of these developments, this blog aims to shed light on VAT, offering a brief overview and delving into the potential implications of the increase, particularly on the poor and vulnerable.

Revamping Welfare: Is Aswesuma the Salvation Sri Lanka’s Poor Hoped for?

With the introduction of Aswesuma as a brand-new initiative targeting the poor and vulnerable, social protection in Sri Lanka has been a much-debated subject lately. Aswesuma primarily intends to overcome some key weaknesses of existing social protection programmes – at least on paper – but several challenges prevail. However, opinions regarding its capabilities to accomplish this remain ambiguous. The public has been protesting the scheme, and opposition party critics have called it an unfair political gimmick. Initially scheduled for disbursement in July 2023, the benefits for July finally commenced disbursement last Monday (28th August) for 800,000 beneficiaries. This blog delves into the key areas that warrant clarification, with the hope that authorities will address these concerns transparently.

Driving Policy Action in Sri Lanka from Economic Crisis to Recovery

The Institute of Policy Studies of Sri Lanka (IPS) held a seminar on 25 October 2022 to coincide with the release of the Institute’s annual flagship report, Sri Lanka: State of the Economy 2022, on the theme Driving Policy Action from Crisis to Recovery. Dr Nandalal Weerasinghe, Governor, Central Bank of Sri Lanka and Mr K M Mahinda Siriwardana, Secretary to the Treasury/Ministry of Finance, Economic Stabilisation and National Policies, delivered the keynote addresses. Dr Dushni Weerakoon, Executive Director, IPS, made a presentation to mark the release of the Sri Lanka: State of the Economy 2022 report. Mr R H W A Kumarasiri, Director-General, Department of National Planning and Mr E A Rathnaseela, Addl. Director-General, Department of National Planning chaired/moderated a session on ‘Policy Action for Shared Sustainable Growth: A National Policy Framework’. Under this theme, senior IPS researchers Dr Nisha Arunatilake, Director of Research, Dr Ganga Tilakaratna, Research Fellow and Dr Manoj Thibbotuwawa, Research Fellow, made presentations.