MP Abeysinghe not firm on the closure of firms due to economic crisis
237,143 small and medium enterprises have been closed down within these three years alone [2020-22] due to the economic crisis.
Parliament of Sri Lanka YouTube channel | May 7, 2024
Posted on: 25 June, 2024
![partly_true](https://factcheck.lk//wp-content/uploads/2021/06/partly-true.png)
Partly True
MP Withanage lands on SriLankan Airline debt per family
By the end of the 2023 financial year, the losses of SriLankan Airlines amounted to LKR 609 billion […] Every family in this country, […] has been placed in a position where they have to pay LKR 107,000.
Parliament YouTube channel | May 8, 2024
Posted on: 13 June, 2024
![true](https://factcheck.lk//wp-content/uploads/2021/06/true.png)
True
President’s advisor employs unemployment statistics incorrectly
The country's unemployment rate rose to 5.5% in 2020. It was the highest unemployment rate experienced by Sri Lanka since 2009. The government was able to bring that figure down to 4.7% by 2023.
Lankadeepa | May 8, 2024
Posted on: 1 June, 2024
![partly_true](https://factcheck.lk//wp-content/uploads/2021/06/partly-true.png)
Partly True
MP Thushara Indunil highly inflates the high inflation
The cost of many goods and services increased to levels that couldn’t be borne [by the people]. The cost of many goods and services increased by 300% [sic] when compared to 2020. That means, the cost of goods and services increased by a ratio of 1 to 3. The egg that children ate for Rs. 12, increased by a ratio of 1 to 5, up to Rs. 60, 65.
Parliament | February 21, 2024
Posted on: 27 May, 2024
![false](https://factcheck.lk//wp-content/uploads/2021/06/false.png)
False
MP Ranawaka shows Sri Lanka borrowed more than it repaid in foreign loans
Even though the @CBSL reported that a $ 2 billion loan repayment was made, $ 3 billion was borrowed from multilateral sources during the same period.
Patali Champika Ranawaka’s X account | April 8, 2024
Posted on: 9 May, 2024
![true](https://factcheck.lk//wp-content/uploads/2021/06/true.png)
True
President’s advisor is not “real” on SL’s growth since 1959
Sri Lanka’s per capita GDP was USD 140 in 1959. Following the economic crisis, in 2020, it stood at USD 3,474. This also shows that there has been a massive change in the income level of the country as well as the income level of the people. […] Sri Lanka has been able to achieve a level of economic growth and development that surpasses all the countries in South Asia.
Lankadeepa | March 27, 2024
Posted on: 2 May, 2024
![false](https://factcheck.lk//wp-content/uploads/2021/06/false.png)
False
State minister Pasqual goes adrift on students “drifting aimlessly”
Only 40,000 of these 400,000 students [that enter Grade 1] are given the opportunity to go to university. 90% do not get into university and are left to drift aimlessly.
Parliament of Sri Lanka | November 25, 2023
Posted on: 25 April, 2024
![false](https://factcheck.lk//wp-content/uploads/2021/06/false.png)
False
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](https://factcheck.lk//wp-content/uploads/2021/06/partly-true.png)
Partly True
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](https://factcheck.lk//wp-content/uploads/2021/06/true.png)
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](https://factcheck.lk//wp-content/uploads/2021/06/partly-true.png)
Partly True