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Now showing items 1-10 of 10
Ranil Wickremesinghe: Inflation
(www.factcheck.lk, 7/7/2023)
PARTLY TRUE: Inflation, which had skyrocketed to 70 percent, has now decreased to 25.2 percent, lightening the burden of daily life for all of us.
Ranil Wickremesinghe, Presidential Secretariat of Sri Lanka, 1 June 2023
Ranil Wickremesinghe: Direct and Indirect Taxes
(www.factcheck.lk , 2/17/2023)
TRUE: In other countries, most of the taxes are collected from a higher income bracket. In 2021, in India – 50% direct tax…Bangladesh – direct tax 32%...Nepal – direct 31%....69%. Indonesia – direct tax 40%...Vietnam – ...
Ranil Wickremesinghe: Money printing
(www.factcheck.lk, 11/9/2023)
TRUE: We put the Central Bank there [in charge] without meddling in it. Henceforth, according to the law, we won’t be able to print money. We have lost our ability to borrow (obtain loans) from the Bank of Ceylon and the ...
Ranil Wickremesinghe: Income Tax Files
(www.factcheck.lk , 3/9/2023)
TRUE: In 2019, there were 1.5 million income tax files in total…when we abolished the PAYE tax, in December 2021, we [only] had 400,000 income tax files. It reduced from 1.5 million to 400,000.
Ranil Wickremesinghe, ...
Ranil Wickremesinghe - Mercer Index
(factchecklka - Facebook, 9/9/2018)
TRUE: Although cities across Asia are growing apace, only three (Singapore, Tokyo, and Kobe) are in the top 50 of the Mercer Quality of Living Index. Colombo was the highest ranked South Asian city, but still only stood ...
Ranil Wickremesinghe: Debt restructuring
(www.factcheck.lk, 5/18/2023)
TRUE: Programme financing gaps: debt service reduction during 2023-27 should be sufficient to close external financing gaps. Under staff baseline scenario, US$17 billion in debt service reduction is required, including the ...
Ranil Wickremesinghe: Penal code on foreign terrorist organizations
(www.factcheck.lk, 5/2/2019)
FALSE: “To take part in a foreign armed uprising is not an offence here…. there is no law to prevent you from that."
- Ranil Wickremesinghe, Interview with SkyNews, 26 April 2019
Ranil Wickremesinghe: Rajapaksa era exports
(www.factcheck.lk, 9/5/2019)
PARTLY TRUE: In the ten years of the Rajapaksa administration, this country’s exports fell from 30% to 18%.
- Ranil Wickremesinghe, Divaina, 12 August 2019
Ranil Wickremesinghe: Government Revenue
(www.factcheck.lk, 11/6/2020)
FALSE: "When I was the Prime Minister, the government revenue was LKR 150,000 million. The revenue last month was LKR 50,000 million. LKR 90,000 million is needed to pay the salaries and pensions of the public servants." ...
Ranil Wickremesinghe: Election costs
(www.factcheck.lk , 6/30/2022)
BLATANTLY FALSE: You cannot go for elections now. The economy is getting really bad. We have to stabilise the economy. The cost of the last election was Rs.10 billion. It will cost Rs.20 billion this time. A candidate will ...