MP Herath inflates president’s budget
Despite this economic crisis and…the fact that the government reiterated that it would slash expenses, the president’s expenditure head has been… [increased to] LKR 3,779 million…If we consider the amount that this president spends on the cabinet and others…The president has seven ministries under him and of the total expenditure of Rs. 7,826.84 billion, Rs. 5,227.77 billion has been allocated for himself…that is, 66.7% of the total expenditure in the budget has been allocated for the president.
Parliament | November 22, 2023
Posted on: 4 April, 2024
Partly True
Latest Fact checks
President Wickramasinghe gets a plus on the current account surplus
By the end of 2022, the current account deficit of the balance of payments was 1.9% of the GDP. We were able to achieve a surplus in the current account of the balance of payments by the end of 2023. This was the first time since 1977 that a surplus was achieved in the current account of the balance of payments.
Parliament | February 7, 2024
Posted on: 28 March, 2024
True
State Minister Semasinghe misdiagnoses main cause of forex crisis
In 2022, when we were going through the gravest foreign exchange crisis this country has ever faced, one of the main factors for it was remittances from foreign workers. After that the income from tourism.
Parliament | November 21, 2023
Posted on: 21 March, 2024
Partly True
MP Abeysinghe flies too low on foreign departures
500 individuals from our country go abroad on a daily basis. In the recent past, between 180,000 and 200,000 individuals per month have gone abroad. The reason why they go abroad is because it’s difficult to live in this country.
Dinamina | December 21, 2023
Posted on: 14 March, 2024
Partly True
MP Weerawansa describes wealth inequality as income inequality
The wealthiest 1% in Sri Lanka enjoy 31% of the national income. Similarly, the 10% at the highest stratum of society, inclusive of that 1%, enjoy 64% of the national income […]. After that, the 50% at the bottom enjoy 4% of the national income.
Wimal Weerawansa's YouTube Channel | January 30, 2024
Posted on: 7 March, 2024
Partly True
CBSL Assistant Governor correctly cites flawed reserve reporting
[…] We've been able to build up reserves to 4.4 billion by the end of last year.
Central Bank of Sri Lanka YouTube Page | January 23, 2024
Posted on: 29 February, 2024
Partly True