Shehan Semasinghe not-challenged on the not-a-challenge, vis-à-vis revenue-to-GDP
Raising the state revenue to 13.1% [of GDP] was not a challenge… [for the new NPP government].
Iroma TV | October 21, 2024
Posted on: 16 January, 2025
True
Latest Fact checks
MP Rohini Wijerathna misses the forest for the trees on money printing
This [NPP] government too is doing the same thing that was done by the previous Gotabaya Rajapaksa administration. […] At the moment, the Central Bank is using the methods of term auctions and overnight auctions to print money. LKR 36.16 billion was printed last Friday [October 25] through the overnight auction. LKR 70 billion has been printed within the 7 days of the past week through the term auction. Excess liquidity has increased by LKR 55.4 billion in the past month [September].
Sri Lanka Mirror | October 28, 2024
Posted on: 10 January, 2025
False
EDB Chair overserves ICT role in growth of service exports
Last year, service exports recorded 3.1 billion dollars in revenue compared to 2022, reflecting a 69% growth, mainly driven by ICT, logistics, transport and construction.
Sri Lanka Business | October 16, 2024
Posted on: 9 December, 2024
True
Budget Burdens: Prof. Athukorala shows high ‘interest’
Accordingly, for interest payments alone, … LKR 2,651 billion in the 2024 budget. Accordingly, it is clear that relative to other things [expenses], a huge amount of money is spent on paying the interest on debt.
Aruna | October 31, 2024
Posted on: 21 November, 2024
True
Ranawaka uses incorrect calculation to make an incorrect claim on fuels
We heard on the election stages the claim that […] [they] would reduce the fuel price, remove/reduce taxes. […] Actually, around two weeks ago octane 92 petrol was brought into the country at Rs.195. Similarly, diesel, I mean regular diesel, was brought in at nearly Rs. 200. Even if we calculate according to the new prices, a huge tax–around Rs. 117 for a litre of petrol and around Rs. 83 for a litre of diesel – is being charged.
Daily Mirror Online | October 2, 2024
Posted on: 7 November, 2024
False
Prof. Jayantha explains govt. borrowing
[…] the Central Bank has issued treasury bills of LKR 465.1 billion during the period between September 27 and October 15, […] LKR 400 billion out of the total of LKR 465.1 billion has been utilised for debt servicing.
Daily Mirror | October 17, 2024
Posted on: 1 November, 2024
True