President Wickremesinghe says money printing is prevented
We put the Central Bank there [in charge] without meddling in it. Henceforth, according to the law, we won’t be able to print money. We have lost our ability to borrow (obtain loans) from the Bank of Ceylon and the Peoples' Bank. Although it is tough, we have taken these steps to control inflation.
Rupavahini News | October 21, 2023
Posted on: 9 November, 2023
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President Rajapaksa cites misleading numbers on past borrowing
Every month we have to repay the loans that previous governments had obtained for various reasons. On ISBs, by 2015, we had only taken out USD 5 billion worth of them. During the time of the previous government, USD 15 billion worth of ISBs were taken out.
Headlinenews.lk | February 26, 2022
Posted on: 26 May, 2022
Partly 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
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
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