MP de Silva over-interprets Sri Lanka’s borrowing from the New York Fed
Also, for the first time in Sri Lanka’s history, when Sri Lanka, as a sovereign state, asked the international community for a loan, they asked for collateral. This is because the international community has identified that if Sri Lanka continues with its current economic policies…
Aruna | July 20, 2020
Posted on: 20 August, 2020
Partly True
Former Minister of Health Rajitha Senaratne transmits incorrect information on Malaria incidence
In 2016, I eliminated Malaria from Sri Lanka.
Divaina | June 24, 2020
Posted on: 13 August, 2020
False
Governor’s claim on strength of the banking system can be banked on
The banking sector remains strong with total capital adequacy ratio above 16 per cent, net stable funding ratio above 130 per cent, liquidity coverage ratio above 175 per cent and statutory liquid asset ratio above 32 per cent. With these performance indicators, I do not think anyone needs an additional assurance on the current strength of the banking system.
Daily News | June 8, 2020
Posted on: 30 July, 2020
True
Udaya Gammanpila on debt burden: Correct on statistics, less so on the inference
In 2005, when we took over the country, Sri Lanka's debt burden was 103%... [we] reduced the debt burden to 72%. During the five years the UNP ruled the country, [they] once again increased it to 87%.
Mawbima | July 8, 2020
Posted on: 23 July, 2020
True
Prime Minister Mahinda Rajapaksa: over-energetic on electricity access
We provided electricity to 99.9% of the country.
Divaina | June 24, 2020
Posted on: 16 July, 2020
Partly True
Former MP Ranawaka ‘right on the money’ on Japanese loans
As a country, Japan has given the most in loans at low interest rates.
Aruna | June 16, 2020
Posted on: 8 July, 2020
True
President Gotabaya Rajapaksa overclaims change in economic growth
Prior to 2015, the economic growth rate was between 7% and 8%, but by 2019, it fell below 2%.
Divaina | June 16, 2020
Posted on: 7 July, 2020
Partly True
Co-cabinet Spokesperson Bandula Gunawardana: right on private deposit security
When money is deposited in a financial institution, the Central Bank of Sri Lanka is only responsible for up to LKR 600,000.
Department of Government Information Facebook Page | June 4, 2020
Posted on: 25 June, 2020
True
Minister Dinesh Gunawardena: right on remittances
In 2018 the income the country received from overseas workers was about USD 7 billion. That was 7.9% of that year’s GDP.
Divaina | June 9, 2020
Posted on: 18 June, 2020
True
Mujibur Rahman on Covid-19 foreign financing: embraces common misunderstanding
We know that our country has received a large amount of money from abroad to control [the COVID-19 pandemic] ...
Lankadeepa | April 28, 2020
Posted on: 11 June, 2020
Partly True