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