State Minister Semasinghe misdiagnoses main cause of forex crisis
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In 2022, when we were going through the gravest foreign exchange crisis this country has ever faced, one of the main factors for it was remittances from foreign workers. After that the income from tourism.
Parliament | November 21, 2023
Posted on: 21 March, 2024
Partly True
MP Wickramaratne right on remittance reduction, but not up to date
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If we look at remittances, the highest amount of remittances have been received in 2016, 2017, 2018. Thereafter, some arrived in 2020 and after that, it has declined steadily. Remittances peaked at around USD 7.2 billion […] Today, those remittances have dropped to USD 3.7 billion.
Samagi Jana Balawegaya Press Conference | August 28, 2023
Posted on: 12 October, 2023
Partly True