Finance minister hugely exaggerates revenue reduction in 2021
Especially due to the COVID-19 pandemic, Rs. 1500-1600 billion has reduced from the revenue that we should have generated during this year alone. That is even higher than the amount we estimated to be the revenue we would generate for sure.
Parliament Hansard | September 7, 2021
Posted on: 10 November, 2021
Blatantly False
Minister of Energy Gammanpila mostly correct on fuel import expenditure
Out of the total import expenditure, fuel is the foremost import item upon which more than 20% is spent.
Dinamina | October 1, 2021
Posted on: 4 November, 2021
True
MP Dissanayake tenders valid objection on gas pipelines contract
…Basil Rajapaksa in his capacity as the Minister of Finance, presented a cabinet paper and handed over these constructions [to convert the Yugadhanawi Power Plant into an LNG plant] to a US company [New Fortress Energy] that was not involved in the tender process in anyway.
JVP Official Facebook Page | September 19, 2021
Posted on: 28 October, 2021
True
MP Bandara correct on tax amnesty being not an amnesty for money laundering
…noteworthy is the fact that [the Finance Act No. 18 of 2021] will not invalidate the Prevention of Money Laundering Act or any other finance law in the country.
Divaina | September 10, 2021
Posted on: 21 October, 2021
True
Former State Minister Cabraal misrepresents Covid-19 expenditure
The Government has spent more than Rs. 700 billion on controlling the COVID-19 pandemic and providing relief to people and that it is exactly half of the overall income of this country last year which was Rs. 1,380 billion…Rs. 50 billion had been spent on low-income earning families receiving Samurdhi allowances, Rs. 90 billion on providing medicines free of charge, Rs. 40 billion on behalf of disabled war heroes, Rs. 250 billion for pensions, Rs. 35 billion for fertiliser subsidies as well as Rs. 70 billion on various types of relief for state institutions running at a loss.
Daily News | August 30, 2021
Posted on: 13 October, 2021
False
MP Amaraweera oversells cost of salaries and pensions
More than 85% of government revenue goes to pay salaries and pensions to public servants.
Media briefing Department of Government Information | September 1, 2021
Posted on: 7 October, 2021
False
MP Wickramaratne generates interest on Sri Lanka’s record cost of interest
70% of government revenue is spent on interest on loan repayment. Lebanon is the only country in the world that pays higher interest than Sri Lanka as a percentage of national revenue.
Daily FT | August 5, 2021
Posted on: 30 September, 2021
True
UNP Deputy Leader Wijewardena mostly wrong on Covid-19 death analysis
It is said that 10 patients are dying every hour. The rate at which patients are dying is 1.5%. Sri Lanka has become the country that reports the highest death rate in Asia due to COVID-19.
Aruna | August 12, 2021
Posted on: 23 September, 2021
Partly True
Minister Rambukwella drinks in the truth of domestic milk production
[Local] milk production is still only around 40 per cent of the total requirement.
Daily News | August 11, 2021
Posted on: 16 September, 2021
True
Opposition Leader Premadasa estimates bitter decline in sugar tax revenue
Sri Lanka has lost Rs. 20 billion as a result of the sugar scam.
Official Facebook page of Sajith Premadasa | August 27, 2021
Posted on: 9 September, 2021
True