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Now showing items 1-10 of 10
Eran Wickramaratne - Remittances
(www.factcheck.lk, 10/12/2023)
PARTLY TRUE: 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 ...
Eran Wickramaratne: Foreign investment
(www.factcheck.lk, 2/25/2021)
TRUE: There has been a big outflow of foreign investment from the stock exchange. In terms of rupee value, Rs. 51 billion outflows was registered in the year 2020…
- Eran Wickramaratne, Lanka Business Online, 18 January 2021
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
Eran Wickramaratne: Excise taxes
(www.factcheck.lk, 1/12/2024)
PARTLY TRUE: The government, despite taking the path of revenue-based stabilisation, has fallen significantly short of its targets. For instance, excise revenues have fallen short by approximately 43%, with collection at ...
Eran Wickramaratne: Sri Lanka's record cost of interest
(www.factcheck.lk, 9/30/2021)
TRUE: 70% of government revenue is spent on interest on loan repayment. Lebanon is the only country in the world that pays higher interest than Sri Lanka as a percentage of national revenue.
- Eran Wickramaratne, Daily ...
Eran Wickramaratne: Reserves
(www.factcheck.lk, 2/24/2022)
TRUE: Compared to 2019 and 2021, the decrease in foreign reserves is 80% in Sri Lanka. But other countries in the [South Asian] region have seen an escalation of their reserves. - Eran Wickramaratne, Daily FT, 25 January 2022
Eran Wickramaratne: Tourism Percentage of GDP
(www.factcheck.lk, 7/10/2019)
TRUE: Sri Lanka’s tourism sector accounts for 5% of gross domestic product.
- Eran Wickramaratne, Dinamina, 22 May 2019
Eran Wickramaratne: Female Labour Force Participation
(www.factcheck.lk, 10/24/2019)
TRUE: Sri Lanka’s Labour Force Participation (LFP) was 36% for women versus 75% for men in 2016, which is the 14th largest gender gap in LFP globally. In 2016, young women have the highest unemployment rate in Sri Lanka; ...
Eran Wickramaratne - Passport Ranking
(www.factcheck.lk, 2024-02-22)
PARTLY TRUE: [The] Sri Lankan passport [is] …97th among global passports…What does it mean? It means that…you have access to 40 countries without a visa. Sri Lanka has very little access to other countries to get a visa ...
Eran Wickramaratne - Ministry of Defence Expenditure
(www.factcheck.lk, 2024-01-26)
TRUE: When considering the Ministry of Defence, we spent 7% of the total budget for 2022 on it [Ministry of Defence] ... 60% of that goes to pay wages…Sri Lanka is one out of ten countries that has the greatest number of ...