MP De Silva on target on difficulty of IMF target
The government had reportedly agreed with the IMF to reach a primary account surplus of 2.3% of GDP by 2025. However, the primary account had dropped to around (6%) of GDP during the tenure of President Gotabaya Rajapaksa...It would be a monumental feat to bring the primary account to a surplus of 2.3% of GDP.
Daily FT | September 5, 2022
Posted on: 22 September, 2022
True
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
Premadasa correct on industry affected by X-Press Pearl disaster
The fisheries industry contributes to 1.1% of Sri Lanka's GDP, according to the 2019 CBSL report.
Divaina | June 3, 2021
Posted on: 1 July, 2021
True
Prime Minister Mahinda Rajapaksa fails to account for the accounting method
“…the budget deficit which my government brought down to 5.7 percent of Gross Domestic Product (GDP) in 2014, has increased to over 9.6 percent of the GDP by 2019…
2020 Appropriation Bill | November 13, 2020
Posted on: 19 November, 2020
False
President Gotabaya Rajapaksa overclaims change in economic growth
Prior to 2015, the economic growth rate was between 7% and 8%, but by 2019, it fell below 2%.
Divaina | June 16, 2020
Posted on: 7 July, 2020
Partly True
Minister Dinesh Gunawardena: right on remittances
In 2018 the income the country received from overseas workers was about USD 7 billion. That was 7.9% of that year’s GDP.
Divaina | June 9, 2020
Posted on: 18 June, 2020
True
Minister Rambukwella on past GDP growth: Correct but also misleading
When President Mahinda Rajapaksa took over the country in 2005, the Gross Domestic Product (GDP) was USD 20 billion. In ten years, we increased the GDP to USD 80 billion.
Dinamina | December 4, 2019
Posted on: 15 January, 2020
True
Prime minister on Rajapaksa-era exports: right on decline, not on details
In the ten years of the Rajapaksa administration, this country’s exports fell from 30% to 18%.
Divaina | August 12, 2019
Posted on: 5 September, 2019
Partly True
Minister Eran Wickramaratne correct on tourism earnings
Sri Lanka’s tourism sector accounts for 5% of gross domestic product.
Dinamina | May 22, 2019
Posted on: 7 July, 2019
True
Anura Kumara Dissanayaka: false data and flawed claims
According to the Annual Report published by the Central Bank of Sri Lanka (CBSL), the Western Province contributes to 52% of the GDP of the country…
Mawbima | August 28, 2018
Posted on: 17 October, 2018
Blatantly False