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Bandula Gunawardana: Active Liability Management Act
(www.factcheck.lk, 9/26/2019)
FALSE: This government passed an act to obtain annual loans from foreigners without limitations. This act was passed by misleadingly naming it the Active Liability Management Act. According to this, they can obtain any ...
Mahinda Rajapaksa: Debt
(factchecklka - Facebook, 3/21/2019)
FALSE: "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 from the loans taken in the six decades after gaining ...
Eran Wickramaratne: All Borrowings Used to Repay Debt
(www.factcheck.lk, 8/22/2019)
PARTLY TRUE: Total borrowings by the Government have been completely used to repay debt.
- Eran Wickramaratne, Daily FT, 19 June 2019