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
Former Governor Cabraal thrice wrong on passing the buck
During 2015-2019, Sri Lanka’s economic growth had collapsed gradually from 7% to 2%. Although foreign debt increased by USD 15 billion, foreign reserves had reduced by USD 1 billion.
News19.lk | March 23, 2022
Posted on: 28 April, 2022
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