MP Rajapaksa misrepresents past reduction of debt burden
My government reduced the debt-to-GDP ratio from 90% at the end of 2005 to 69% at the end of 2014.
NewsFirst.lk | December 20, 2023
Posted on: 1 February, 2024
Partly True
No credit due for Sabry’s statement on bankruptcy
Some claim that Sri Lanka is a bankrupt country. Bankruptcy is not merely determined by the amount of assets the country has and the amount of responsibilities we have. Our assets are USD 400 billion, and our commitments are USD 47 billion. Therefore, in that sense we are not bankrupt. But what they are referring to is the balance of payment, the dollars required for day-to-day expenses.
Daily News | April 9, 2022
Posted on: 7 July, 2022
False
MP Ranawaka notes a hidden aspect of Sri Lanka’s debt
The CBSL has reported that the public sector debt is 109.7% of the GDP. This is the highest it has ever been in history. If we disregard the government’s undervaluation of sovereign bonds, this figure will exceed 113% of the GDP.
Dinamina | June 2, 2021
Posted on: 5 August, 2021
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
MP Dissanayake correctly exposes foreign debt payment exposure
We have to pay close to USD 400 million a month in [foreign] debt.
Lankadeepa | October 12, 2020
Posted on: 26 November, 2020
True