No credit due for Sabry’s statement on bankruptcy
Some claim that Sri Lanka is a bankrupt country. Bankruptcy is not merely determined by the amount of assets the country has and the amount of responsibilities we have. Our assets are USD 400 billion, and our commitments are USD 47 billion. Therefore, in that sense we are not bankrupt. But what they are referring to is the balance of payment, the dollars required for day-to-day expenses.
Daily News | April 9, 2022
Posted on: 7 July, 2022
False
Prime minister lost on cost of elections
You cannot go for elections now. The economy is getting really bad. We have to stabilise the economy. The cost of the last election was Rs.10 billion. It will cost Rs.20 billion this time. A candidate will require Rs.25 million minimum for campaigning. We have 196 candidates to be elected plus 66 additional candidates who will be on the fray. That will come to about another Rs.30-40 billion.
Daily News | May 8, 2022
Posted on: 30 June, 2022
Blatantly False
Justice Minister Rajapakshe does injustice to constitutional interpretation
“The executive presidential system can only be abolished by enacting a new constitution. This is because the president’s powers extend throughout the constitution.”
Sunday Lankadeepa | May 28, 2022
Posted on: 23 June, 2022
False
CBSL Governor suitably assesses suitability of EFF for Sri Lanka
An Extended Fund Facility (EFF) - which allows longer repayment periods - may be best suited to the country, it typically requires deeper structural reforms.
Daily News | April 19, 2022
Posted on: 16 June, 2022
True
Sabry over charges past governments on tax collections
It [tax revenue as a percentage of GDP] decreased over time, under all these governments [every government since 1981] and today it has collapsed to a value of 8.7%.
Asian Mirror YouTube channel | May 4, 2022
Posted on: 9 June, 2022
Partly True
Minister Wijesekera not at a loss on fuel price revisions
Fuel Price will be revised from 3am today. Fuel pricing formula that was approved by the cabinet was applied to revise the prices. Price revision includes all costs incurred in importing, unloading, distribution to the stations and taxes. Profits not calculated and included.
Official Twitter Page of Kanchana Wijesekera | May 24, 2022
Posted on: 2 June, 2022
True
President Rajapaksa cites misleading numbers on past borrowing
Every month we have to repay the loans that previous governments had obtained for various reasons. On ISBs, by 2015, we had only taken out USD 5 billion worth of them. During the time of the previous government, USD 15 billion worth of ISBs were taken out.
Headlinenews.lk | February 26, 2022
Posted on: 26 May, 2022
Partly True
MP Wanniarachchi gives herself undue credit on cost of electricity
In 2014… we did so much work and reduced the electricity bill by 25 per cent.
Daily News | March 14, 2022
Posted on: 19 May, 2022
Partly True
AKD works out worker remittances
Foreign remittances increased during the first 5 months of 2021. It increased by USD 450Mn. However, it started to drop from the sixth month onwards… This January, it [remittances] reduced by 62%.
Lankadeepa | March 7, 2022
Posted on: 5 May, 2022
True
Former Governor Cabraal thrice wrong on passing the buck
During 2015-2019, Sri Lanka’s economic growth had collapsed gradually from 7% to 2%. Although foreign debt increased by USD 15 billion, foreign reserves had reduced by USD 1 billion.
News19.lk | March 23, 2022
Posted on: 28 April, 2022
False