Bandula Gunawardena
Minister Gunawardana lands on right conclusion with wrong logic and numbers
The foreign loans obtained to construct the expressways and have not been repaid yet amount to Rs. 800 billion. The annual profit [from expressways] is Rs. 5 billion. Even if we continue to earn a profit of Rs. 5 billion in this way, it will take us 160 years to repay this debt.
Bandula Gunawardana’s Facebook Account | April 8, 2024
Posted on: 18 July, 2024
Partly True
Minister Gunawardane exposes lack of compliance with fiscal management laws
…. the Fiscal Management Responsibility Act No. 3 of 2003…had three main goals…to maintain the budget gap below 5%..... reducing public debt as a percentage of GDP to 65% by 2013, that is, in 10 years…. reducing the amount that the government guarantees when borrowing to 4.5% of GDP…..today the budget gap is at levels such as 10%, 12%, and the amount of public debt has gone up to more than 125% of the GDP. The guarantee for public debt has gone up to 15%...
Official YouTube Page of the Department of Government Information | May 9, 2023
Posted on: 8 June, 2023
True
Minister Gunawardana taxes the facts on problem of revenue
The total tax revenue collected by the government last year [2021] was LKR 1,298 billion. Of that, LKR 1,115 billion alone had to be used to pay the salaries and pensions of state sector employees. Therefore, only LKR 153 billion remained to be used for anything else.
Facebook Page of the Department of Government Information | August 23, 2022
Posted on: 6 October, 2022
Partly True
Minister Gunawardana on track on railways
While Sri Lanka Railways earned a revenue of Rs. 2.6 billion in 2021, it had to pay Rs.7.8 billion just for salaries and wages.
Mawbima | July 27, 2022
Posted on: 8 September, 2022
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 Bandula Gunawardana uses an incorrect calculation to compare debt
The debt stood at 2 trillion when Mahinda Rajapaksa took over the country. It stood at 7 trillion at the time he handed over the country. The debt only rose by 5 trillion in [those] 10 years. [But] The debt stood at 13 trillion when the country was handed over to us. Your [Yahapalanaya] government obtained 6 trillion in loans in 5 years.
Parliament Hansard | November 13, 2021
Posted on: 20 January, 2022
False
Minister Gunawardena: right numbers but wrong conclusions on tax burden
The tax revenue in 2014 at the end of Mahinda Rajapaksa’s government was Rs. 1,050 billion. Thereafter, its successor the Good Governance Government imposed tax rates to collect more than Rs. 1,700 billion a year, which was an excessive burden.The people were not taxed in this manner even...
Daily News | June 24, 2021
Posted on: 13 August, 2021
Partly True
Minister Gunawardana: Partly lost on Sathosa losses
[Sathosa] was an institution that did not incur losses before 2015. Sathosa has lost 20 billion rupees during the last five years (2015 – 2019).
Daily News | March 10, 2021
Posted on: 9 April, 2021
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
MP Gunawardana raises false alarm on borrowing limits
This government passed an act to obtain annual loans from foreigners without limitations.
Mawbima | August 4, 2019
Posted on: 26 September, 2019
False
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
MP Gunawardena false on two counts: wrong on the report, wrong on the language
In early February 2018, Tamil National Alliance (TNA) Jaffna District MP and party spokesman M.A. Sumanthiran sabotaged an adjournment debate on the treasury Bond Scam Report.
The Island | October 24, 2018
Posted on: 14 November, 2018
Blatantly False