President makes ambiguous claim on debt restructuring
Programme financing gaps: debt service reduction during 2023-27 should be sufficient to close external financing gaps. Under staff baseline scenario, US$17 billion in debt service reduction is required, including the arrears accumulated in 2022 So, we are trying to get a 17 billion debt reduction on that side. Do you want it or not.
Parliament Hansard | April 26, 2023
Posted on: 18 May, 2023
True
Minister Wijesekera claims low profits with unaccountable version of the fuel price formula
Fuel Cost Breakdown - Data for the formula from actual cost incurred during the immediate past 28 days period from 28th February - 28th March 2023….Price difference (between the formula base price per litre and current retail price per litre) Petrol-92 Rs.1.63…Lanka Auto Diesel Rs.0.04….
Official Twitter Page of Kanchana Wijesekera | March 30, 2023
Posted on: 6 April, 2023
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
MP Abeysinghe unrealistic on revenue estimates being unrealistic
…The [2023] budget presented this time is seeking the highest revenue in the entire history of Sri Lanka. Compared to last year, this year’s revenue shows an increase of 70%. In Sri Lanka, at no point has the revenue increased from year to year by more than 10%, 15% or 20%.... In the history of Sri Lanka have we ever generated a revenue figure that is in the range of LKR 3,000 billion? Every year, the revenue generated has been less than LKR 2,000 billion….
Parliament Hansard | November 21, 2022
Posted on: 20 January, 2023
False
MP Wickramaratne on SOE losses: right on gross not on net
There are around 430 SOEs. Of these…218 are companies....52 of these are considered to be strategically important SOEs. The loss of strategically important SOEs in 2021 has been LKR 286 billion. By Q2 of 2022…their losses were LKR 966 billion.
Official Facebook Page of the SJB | October 12, 2022
Posted on: 11 November, 2022
Partly True
Hashim right on the trillion on SOE borrowings
By December 2021, government institutions have borrowed more than Rs. 1 trillion.
Divaina | August 18, 2022
Posted on: 15 September, 2022
True
Chairperson PUCSL spots possibility for petrol price reduction
The price of petrol was reduced by 20 rupees last night. I had pointed out two weeks ago that the price of a litre of petrol... can be reduced by 150 rupees.
PUCSL Press Release | July 18, 2022
Posted on: 4 August, 2022
True
Udaya Gammanpila at a loss on the reason for CEYPETCO losses
Due to the fact that oil has continuously been purchased at high prices and sold at low prices, the accumulated loss for CEYPETCO, as at end 2020, is Rs. 331 billion
Minister Gammanpila’s Official Facebook Page | June 11, 2021
Posted on: 15 July, 2021
False
Sajith Premadasa goes beyond formula on fuel price reductions
A litre of diesel is sold at Rs. 104 and this can be reduced to Rs. 61. A litre of 92 octane petrol is Rs. 137; it can be priced at Rs. 80.
The Island | March 11, 2020
Posted on: 6 May, 2020
Partly True