Sunanda Bandara on automobile imports: Has sized up risk, with outsized claim on data
Export earnings in December 2024 were USD 1,101 million. Import expenditure in that month was USD 1,924 million. This shows that by last December, the country was spending more on imports than it did in the pre-Covid era. The export-import gap in that month was USD 822 million. Opening the doors to automobile imports in such a situation is an undertaking that carries somewhat of a risk.
Lankadeepa | February 5, 2025
Posted on: 16 May, 2025
Partly True
Siyambalapitiya hugely magnifies fiscal difficulties for holding LG elections
In 2022, the government’s revenue and expenditure difference were as high as 256% or Rs. 3,058 billion. [In 2023] The government expect the revenue to be Rs. 3.45 trillion, while the expenditure will go up to Rs. 10 trillion, incurring a deficit of Rs. 6.66 trillion for the year. Thus, financial discipline is indispensable to run the economy.
Daily FT | January 21, 2023
Posted on: 2 February, 2023
False