Marikkar’s ‘many loans’ claim: Much probleming about nothing
As of today, as of March 31, our country’s total debt has increased up to almost USD 106 billion. This increase includes USD 102,671 million in government debt and SOEs have obtained USD 4,831 million [as loans]. And so, the problem we have is why this government, which claimed that it’s not a problem to repay this trifle, is obtaining so many loans
Parliament | August 19, 2025
Posted on: 21 November, 2025
Partly True
Minister Alahapperuma on track on Sri Lanka’s journey with the IMF
It was in 1950 that we entered into an agreement with the IMF to obtain its membership. As a member country, from 1960 until now, we have carried out certain transactions with the IMF on 16 occasions. I recall that 2.5 billion dollars was obtained in 2008 during President Mahinda Rajapaksa’s tenure. That was the largest loan obtained from the IMF thus far.
Official Facebook Page of the Department of Government Information | January 19, 2022
Posted on: 17 February, 2022
True
Lohan Ratwatte flat out wrong on vehicle loans
This is a credit line…If that credit line is not used, it will go to waste—it must be put to use. Our government will not go into debt by importing those vehicles.
NewsFirst.lk | June 12, 2021
Posted on: 8 July, 2021
Blatantly False
Former MP Ranawaka ‘right on the money’ on Japanese loans
As a country, Japan has given the most in loans at low interest rates.
Aruna | June 16, 2020
Posted on: 8 July, 2020
True
MP Gunawardana raises false alarm on borrowing limits
This government passed an act to obtain annual loans from foreigners without limitations.
Mawbima | August 4, 2019
Posted on: 26 September, 2019
False
MP Mahinda Rajapaksa miscalculates the increase in debt and its causes
"In the past four years, the UNP-led government has borrowed the equivalent of 50% of the total national debt that was outstanding as at the end of December 2014
The Island | January 12, 2019
Posted on: 21 March, 2019
False