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
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
No reservations on MP Wickramaratne’s claim on Sri Lanka’s reserves
Compared to 2019 and 2021, the decrease in foreign reserves is 80% in Sri Lanka. But other countries in the [South Asian] region have seen an escalation of their reserves.
Daily FT | January 25, 2022
Posted on: 24 February, 2022
True
Minister of finance mostly correct on macroeconomic indicators
…macroeconomic indicators showed positive trends with the country’s $7.6 billion foreign reserves,
Daily News | May 6, 2019
Posted on: 25 June, 2019
Partly True