Budget Burdens: Prof. Athukorala shows high ‘interest’
Accordingly, for interest payments alone, … LKR 2,651 billion in the 2024 budget. Accordingly, it is clear that relative to other things [expenses], a huge amount of money is spent on paying the interest on debt.
Aruna | October 31, 2024
Posted on: 21 November, 2024
True
Prof. Jayantha explains govt. borrowing
[…] the Central Bank has issued treasury bills of LKR 465.1 billion during the period between September 27 and October 15, […] LKR 400 billion out of the total of LKR 465.1 billion has been utilised for debt servicing.
Daily Mirror | October 17, 2024
Posted on: 1 November, 2024
True
Former president in some difficulty on no difficulty on debt repayment
Our management of the economy resulted in an unbroken nine-year economic boom. We had no difficulty in paying off our debts […]
EconomyNext | May 12, 2024
Posted on: 11 July, 2024
Partly True
MP Withanage lands on SriLankan Airline debt per family
By the end of the 2023 financial year, the losses of SriLankan Airlines amounted to LKR 609 billion […] Every family in this country, […] has been placed in a position where they have to pay LKR 107,000.
Parliament YouTube channel | May 8, 2024
Posted on: 13 June, 2024
True
MP Ranawaka shows Sri Lanka borrowed more than it repaid in foreign loans
Even though the @CBSL reported that a $ 2 billion loan repayment was made, $ 3 billion was borrowed from multilateral sources during the same period.
Patali Champika Ranawaka’s X account | April 8, 2024
Posted on: 9 May, 2024
True
MP Rajapaksa misrepresents past reduction of debt burden
My government reduced the debt-to-GDP ratio from 90% at the end of 2005 to 69% at the end of 2014.
NewsFirst.lk | December 20, 2023
Posted on: 1 February, 2024
Partly True
AKD overblows RW’s yahapalanaya debt
When Ranil Wickremesinghe came to power in 2015, our debt was LKR 8.5 trillion […] In 2020, the country’s debt […] stood at LKR 15 trillion […] Approximately, Ranil’s five years put the country more in debt by LKR 6.5 trillion.
JVP Sri Lanka Facebook page | October 22, 2023
Posted on: 7 December, 2023
False
MP John Seneviratne thrice muddled on debt increase claim.
At the time when Hon. Mahinda Rajapaksa handed over the government, we had only 72% of foreign loans. However, soon after the Yahapalana government, when we came into power that percentage has been increased up to 96%. Therefore, we must say, it was during their 5-year tenure [Yahapalana government] have taken an enormous amount of loans.
Parliament Hansard | November 15, 2021
Posted on: 16 December, 2021
False
MP Rohana Bandara notes notable debt to China
14% of Sri Lanka’s debt is owed to China…
Dinamina | May 10, 2021
Posted on: 3 June, 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