CBSL Assistant Governor correctly cites flawed reserve reporting
[…] We've been able to build up reserves to 4.4 billion by the end of last year.
Central Bank of Sri Lanka YouTube Page | January 23, 2024
Posted on: 29 February, 2024
Partly True
AKD works out worker remittances
Foreign remittances increased during the first 5 months of 2021. It increased by USD 450Mn. However, it started to drop from the sixth month onwards… This January, it [remittances] reduced by 62%.
Lankadeepa | March 7, 2022
Posted on: 5 May, 2022
True
State Minister Jayasekara not industrious on industry contribution to GDP
Industrial sector is in a huge crisis at present, every government after 77’ is responsible for this.... The industrial sector which was at all times 54%, reduced to 27%.
Ada Derana | February 4, 2022
Posted on: 31 March, 2022
False
Governor’s claim on strength of the banking system can be banked on
The banking sector remains strong with total capital adequacy ratio above 16 per cent, net stable funding ratio above 130 per cent, liquidity coverage ratio above 175 per cent and statutory liquid asset ratio above 32 per cent. With these performance indicators, I do not think anyone needs an additional assurance on the current strength of the banking system.
Daily News | June 8, 2020
Posted on: 30 July, 2020
True
Udaya Gammanpila on debt burden: Correct on statistics, less so on the inference
In 2005, when we took over the country, Sri Lanka's debt burden was 103%... [we] reduced the debt burden to 72%. During the five years the UNP ruled the country, [they] once again increased it to 87%.
Mawbima | July 8, 2020
Posted on: 23 July, 2020
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
Sajith Premadasa goes beyond formula on fuel price reductions
A litre of diesel is sold at Rs. 104 and this can be reduced to Rs. 61. A litre of 92 octane petrol is Rs. 137; it can be priced at Rs. 80.
The Island | March 11, 2020
Posted on: 6 May, 2020
Partly True
MP Ranawaka overestimates revenue growth under the yahapalana government
When the Yahapalana government came into power, state revenue was LKR 1.05 trillion. Our government doubled this income to LKR 2.1 trillion within 5 years.
Lankadeepa | February 6, 2020
Posted on: 29 April, 2020
Partly True
Minister Rambukwella on past GDP growth: Correct but also misleading
When President Mahinda Rajapaksa took over the country in 2005, the Gross Domestic Product (GDP) was USD 20 billion. In ten years, we increased the GDP to USD 80 billion.
Dinamina | December 4, 2019
Posted on: 15 January, 2020
True
Minister Abeysinghe claims a healthy increase in health budgets
In 2010, LKR 53.1 billion was allocated for free healthcare; in 2015, we allocated LKR 139.5 billion. In 2016, [it was] LKR 174 billion. In 2019, an amount of LKR 194.5 billion were allocated.
Dinamina | August 22, 2019
Posted on: 22 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
President shines light on CEB and CPC losses
The Ceylon Electricity Board (CEB) and Ceylon Petroleum Corporation (CPC) incur losses in the tens of millions [of rupees] per day.
Divaina | June 4, 2019
Posted on: 24 July, 2019
True
Anura Kumara Dissanayaka: false data and flawed claims
According to the Annual Report published by the Central Bank of Sri Lanka (CBSL), the Western Province contributes to 52% of the GDP of the country…
Mawbima | August 28, 2018
Posted on: 17 October, 2018
Blatantly False