MP Wickramaratne falls short on example of revenue falling short
The government, despite taking the path of revenue-based stabilisation, has fallen significantly short of its targets. For instance, excise revenues have fallen short by approximately 43%, with collection at Rs.125 billion as of September [2023], compared to the required Rs. 214 billion.
Sunday Observer | November 5, 2023
Posted on: 12 January, 2024
Partly True
Prime minister lost on cost of elections
You cannot go for elections now. The economy is getting really bad. We have to stabilise the economy. The cost of the last election was Rs.10 billion. It will cost Rs.20 billion this time. A candidate will require Rs.25 million minimum for campaigning. We have 196 candidates to be elected plus 66 additional candidates who will be on the fray. That will come to about another Rs.30-40 billion.
Daily News | May 8, 2022
Posted on: 30 June, 2022
Blatantly False
Finance minister hugely exaggerates revenue reduction in 2021
Especially due to the COVID-19 pandemic, Rs. 1500-1600 billion has reduced from the revenue that we should have generated during this year alone. That is even higher than the amount we estimated to be the revenue we would generate for sure.
Parliament Hansard | September 7, 2021
Posted on: 10 November, 2021
Blatantly False
Former Prime Minister Wickremesinghe: Incorrect claims with some correct figures
When I was the Prime Minister, the government revenue was LKR 150,000 million. The revenue last month was LKR 50,000 million. LKR 90,000 million is needed to pay the salaries and pensions of the public servants.
Divaina | August 3, 2020
Posted on: 5 November, 2020
False
MP Herath misrepresents total interest payments
According to the 2018 Central Bank Annual Report, when the total income was Rs. 1,920 billion...
Divaina | May 28, 2019
Posted on: 10 July, 2019
False