Harsha de Silva
MP de Silva poor on the interpretation of the poor
The World Bank states that the poverty level which was at 13% in 2019 has by today, increased to at least 25%. The multidimensional Poverty Vulnerability of Oxford University and UNDP (sic) states that when considering education, health, and the economy altogether, 12.5 million out of the 21 million in our country, [that is] more than 56%, can be categorised as poor.
Parliament of Sri Lanka | November 15, 2023
Posted on: 14 December, 2023
Partly True
MP de Silva stays real on expected real returns for EPF
[…] In the [EPF] Act itself it specifies 2.5% return. […] at the time inflation was at around 1 percent, if you look at 5 years prior to 1958, the average would have been 1 percent. […] Over the years, some years have been positive, and some returns have been negative in terms of real returns. Last year the EPF return on a real basis was -47%. […]
Newsline | May 22, 2023
Posted on: 29 September, 2023
True
MP De Silva exposes EPF & ETF exposure to govt bonds
The majority of Sri Lanka’s domestic debt is in treasury bonds. We have [almost 9,000 billion] worth of treasury bonds….44.5% of that is in banks….43% was borrowed from EPF & ETF
Daily FT | April 20, 2023
Posted on: 25 May, 2023
True
MP De Silva on target on difficulty of IMF target
The government had reportedly agreed with the IMF to reach a primary account surplus of 2.3% of GDP by 2025. However, the primary account had dropped to around (6%) of GDP during the tenure of President Gotabaya Rajapaksa...It would be a monumental feat to bring the primary account to a surplus of 2.3% of GDP.
Daily FT | September 5, 2022
Posted on: 22 September, 2022
True
MP De Silva does not inflate Sri Lanka’s inflation
We [Sri Lanka] have the highest inflation in Asia as of now.
Ada Derana | February 1, 2022
Posted on: 3 March, 2022
True
MP Harsha de Silva highlights national accounting fraud
CBSL Annual Report states Sri Lanka's budget deficit for 2020 [was a] huge 11%. But it should be even higher at 14%.
Harsha de Silva, Harsha de Silva's Official Twitter | May 1, 2021
Posted on: 13 May, 2021
True
MP De Silva correct on concerns of rising LKR debt
…the government made a hue and cry [those days] saying that the debt rose by Rs. 5,700 billion in five years, didn’t they? However, during their time, it has risen by [approximately] Rs. 1,000 billion in just four months… What this means is that the monthly increase in debt has risen by a factor of 2.5 as compared to the time of the previous government.
Samagi Jana Balawegaya Press Briefing | July 7, 2020
Posted on: 1 October, 2020
True
MP de Silva over-interprets Sri Lanka’s borrowing from the New York Fed
Also, for the first time in Sri Lanka’s history, when Sri Lanka, as a sovereign state, asked the international community for a loan, they asked for collateral. This is because the international community has identified that if Sri Lanka continues with its current economic policies…
Aruna | July 20, 2020
Posted on: 20 August, 2020
Partly True