Minister Jayantha: “Too much interest” in the cost of debt restructure delay
With regard to sovereign bonds, due to just the significant delay in the restructuring process, we will have to pay an additional USD 1.7 billion as outstanding interest…What I would like to highlight is that we had to pay an unnecessary amount as interest due to these negotiations.
Parliament | December 5, 2024
Posted on: 10 February, 2025
Partly True
Sunanda Bandara bowls a wide on the widening trade deficit
[…] The gap between export earnings and import expenditure is gradually widening due to the country lifting all import bans except for vehicle imports in the recent past. […] The trade deficit of the first nine months of this year is USD 1,141 million more than last year’s.
| November 11, 2024
Posted on: 29 January, 2025
False
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
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