Cannot save Wickramaratne’s claim on low SL savings
Savings are low in Sri Lanka. In general, Sri Lanka's savings are at most 15% or 20%. In India it is 30% to 35%. In China, it is more than 50%. We do not have that.
Parliament | June 7, 2024
Posted on: 4 October, 2024
False
Latest Fact checks
MP Withanage’s boast: right on reduced revenue targets
Especially, tax revenue increased by LKR 1,700 Bn in the first six months of 2024. That is a growth of 42.6%. We have been able to achieve a growth of 44.7% of the annual estimate. Also, non-tax revenue has increased by 30.4%. A target of 52.7% of the annual estimate has been reached.
| August 7, 2024
Posted on: 26 September, 2024
True
Minister Sabry exposes anaemic export growth with imprecise numbers
In 1991, Bangladesh only exported goods worth roughly USD 2.2 Bn. Vietnam exported goods worth around USD 3 Bn. Sri Lanka exported goods worth around USD 2.8 Bn. Today, by 2024, Bangladesh’s exports have reached USD 87 Bn, Vietnam is exporting worth USD 464 billion, having built a large economy. In Sri Lanka, our exports are still worth [only] USD 16 Bn.
Parliament of Sri Lanka YouTube channel | June 7, 2024
Posted on: 13 September, 2024
Partly True
MP Ranawaka connects VAT concessions to lower govt. salaries
If the VAT concession had not been granted, the salaries of government employees could be raised by Rs. 30,000 per month. That is the truth.
Patali Champika Ranawaka’s Facebook | July 10, 2024
Posted on: 5 September, 2024
True
AKD: not short on how remittances are preventing shortages
Even today, our country is running on the foreign currency sent by you [Sri Lankans living overseas]. […] our country has gas, fuel, and medicines, firstly because of the foreign exchange you all send, and secondly, because we are not repaying debt [at present].
Anura Kumara Dissanayaka, AKD’s YouTube Page, | July 21, 2024
Posted on: 27 August, 2024
True
MP Premadasa’s child poverty figures add up
According to international statistics 25 percent of children in Sri Lanka are suffering from child poverty. […] Statistics have shown that 42 percent of our country's children are suffering from multidimensional poverty.
Hiru News | July 22, 2024
Posted on: 15 August, 2024
True