Eran Wickramaratne
MP Wickramaratne on SOE losses: right on gross not on net
There are around 430 SOEs. Of these…218 are companies....52 of these are considered to be strategically important SOEs. The loss of strategically important SOEs in 2021 has been LKR 286 billion. By Q2 of 2022…their losses were LKR 966 billion.
Official Facebook Page of the SJB | October 12, 2022
Posted on: 11 November, 2022
Partly True
MP Wickramaratne a little bit over on inflation
Food inflation rose to 57 % from 46.6 % from last month to this month. Within one month, inflation – food inflation – has increased by more than 10%. Our inflation figures have not usually increased by 10% even over a year but today it has increased by that number within a month.
Lankadeepa | June 8, 2022
Posted on: 25 August, 2022
Partly True
No reservations on MP Wickramaratne’s claim on Sri Lanka’s reserves
Compared to 2019 and 2021, the decrease in foreign reserves is 80% in Sri Lanka. But other countries in the [South Asian] region have seen an escalation of their reserves.
Daily FT | January 25, 2022
Posted on: 24 February, 2022
True
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
MP Eran Wickramaratne correctly flags foreign outflow from stocks
There has been a big outflow of foreign investment from the stock exchange. In terms of rupee value Rs. 51 billion outflows was registered in the year 2020…
Lanka Business Online | January 18, 2021
Posted on: 25 February, 2021
True
Wickramaratne employs correct statistics on gender gap in the labour force
"Sri Lanka’s Labour Force Participation (LFP) was 36% for women versus 75% for men in 2016, which is the 14th largest gender gap in LFP globally.
Daily FT | September 25, 2019
Posted on: 24 October, 2019
True
Minister Eran Wickramaratne right on government borrowings, for two years, not four.
Total borrowings by the Government have been completely used to repay debt.
Dily FT | June 19, 2019
Posted on: 22 August, 2019
Partly True
Minister Eran Wickramaratne correct on tourism earnings
Sri Lanka’s tourism sector accounts for 5% of gross domestic product.
Dinamina | May 22, 2019
Posted on: 7 July, 2019
True