Trade
EDB Chair overserves ICT role in growth of service exports
Last year, service exports recorded 3.1 billion dollars in revenue compared to 2022, reflecting a 69% growth, mainly driven by ICT, logistics, transport and construction.
Sri Lanka Business | October 16, 2024
Posted on: 9 December, 2024
True
MP Perera correct on industrial sector not so much on exports
…the exports have decreased by 19.5 %. […] in the first quarter of 2023, the industrial sector has collapsed by 23.4%.
Youtube page of Parliament of Sri Lanka | August 23, 2023
Posted on: 20 October, 2023
Partly True
State Minister Siyambalapitiya rides well on vehicle import numbers
...within that period [2015-2020], we have brought 2,498,714 vehicles...worth Rs. 1,331.51 billion...We have taxed [them to the value of] 991.12 billion.
YouTube Page of Parliament of Sri Lanka | June 9, 2023
Posted on: 20 July, 2023
True
Minister Gunawardana misunderstands EDB figures as total exports
Sri Lanka increased exports by 23% amidst challenging environment faced both locally and globally. Total exports are USD 12.3 billion in 2020 and USD15.12 billion in 2021.
Official Facebook page of Bandula Gunawardena | January 28, 2022
Posted on: 3 February, 2022
Partly True
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
State Minister Cabraal: Drives home the cost of past vehicle imports
The number of vehicles imported to Sri Lanka from 2015 to 2019 was 2,515,546. And the amount spent on these vehicles imported amounts to Rs. 1,239 billion.
Daily News | April 6, 2021
Posted on: 20 May, 2021
True
MP Champika Ranawaka: right on Sri Lanka being high on fats and sugar (imports)
Compared to 2019, sugar imports have increased by 38% and oil and fat imports have increased by 237%.
Parliament Hansard | February 11, 2021
Posted on: 1 April, 2021
True
Minister Nimal Siripala de Silva: Teases out the problem in tea exports
Tea export volumes in 2020 declined by 9.2% or 27 million kilos to 265.5 million kilos from the previous year, whilst in value terms, the performance was down by Rs. 10.4 billion or 4.3% to Rs. 230.1 billion from 2019... The latter is despite Free-on-Board (FOB) unit value of tea rising to its highe
Daily FT | February 9, 2021
Posted on: 4 March, 2021
True
Minister of Industry Wimal Weerawansa repeats misconception on export earnings
For the first time since the open economy was introduced in 1977 by J.R. Jayawardena, the country’s export earnings exceeded import expenditure.
Mawbima | July 13, 2020
Posted on: 27 August, 2020
False
Nimal Lanza misinterpreted by the press
During Mr. Mahinda Rajapaksa’s time till 2015, our exports increased by 200% to 300%.
Divaina | September 6, 2019
Posted on: 6 December, 2019
False
Prime minister on Rajapaksa-era exports: right on decline, not on details
In the ten years of the Rajapaksa administration, this country’s exports fell from 30% to 18%.
Divaina | August 12, 2019
Posted on: 5 September, 2019
Partly True
Minister of finance mostly correct on macroeconomic indicators
…macroeconomic indicators showed positive trends with the country’s $7.6 billion foreign reserves,
Daily News | May 6, 2019
Posted on: 25 June, 2019
Partly True
Bandula Gunawardena: claim wrong by 99 percent
As a result of the Sri Lanka–Singapore Free Trade Agreement (FTA), nearly 4,000 products can be imported with zero tariffs as per the gazette notification 2069/2.
Divaina | October 17, 2018
Posted on: 5 December, 2018
Blatantly False