Browsing FactCheck by Title
Now showing items 30-49 of 227
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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 ... -
Bandula Gunawardana: Bond Commission report
(factchecklka - Facebook, 11/14/2018)BLATANTLY FALSE: In early February 2018, Tamil National Alliance (TNA) Jaffna District MP and party spokesman M.A. Sumanthiran sabotaged an adjournment debate on the treasury bond scam report. The newspaper went on to say ... -
Bandula Gunawardana: Central Bank Liability
(www.factcheck.lk, 6/25/2020)TRUE: When money is deposited in a financial institution, the Central Bank of Sri Lanka is only responsible for up to LKR 600,000. - Bandula Gunawardana, Department of Government Information Facebook Page, 4 June 2020 -
Bandula Gunawardana: Debt
(www.factcheck.lk, 1/20/2022)FALSE: The debt stood at 2 trillion when Mahinda Rajapaksa took over the country. It stood at 7 trillion at the time he handed over the country. The debt only rose by 5 trillion in [those] 10 years. [But] The debt stood ... -
Bandula Gunawardana: Sathosa Losses
(www.factcheck.lk, 4/8/2021)PARTLY TRUE: [Sathosa] was an institution that did not incur losses before 2015. Sathosa has lost 20 billion rupees during the last five years (2015 – 2019). - Bandula Gunawardana, Daily News, 10 March 2021 -
Bandula Gunawardana: Singapore FTA
(factchecklka - Facebook, 11/19/2018)BLATANTLY FALSE: As a result of the gazette notification 2069/2, nearly 4000 products can be imported with zero tariffs as per the Sri Lanka–Singapore Free Trade Agreement. - Bandula Gunawardana, 17 October 2018, Divaina -
Bandula Gunawardana: Tax Revenue
(www.factcheck.lk, 8/12/2021)PARTLY TRUE: The tax revenue in 2014 at the end of Mahinda Rajapaksa’s government was Rs. 1,050 billion. Thereafter, its successor the Good Governance Government imposed tax rates to collect more than Rs. 1,700 billion a ... -
Bandula Gunawardane: Fiscal Management (Responsibility) Act
(www.factcheck.lk, 6/8/2023)TRUE: …. the Fiscal Management Responsibility Act No. 3 of 2003…had three main goals…to maintain the budget gap below 5%..... reducing public debt as a percentage of GDP to 65% by 2013, that is, in 10 years…. reducing the ... -
Bandula Gunawardane: Total Exports
(www.factcheck.lk, 2/3/2022)PARTLY TRUE: Sri Lanka increased exports by 23% amidst challenging environment faced both locally and globally. Total exports are USD 12.3 billion in 2020 and USD15.12 billion in 2021. - Bandula Gunawardane, Official ... -
Basil Rajapaksa: 2021 Government Revenue
(www.factcheck.lk, 11/11/2021)BLATANTLY FALSE: Especially due to the COVID-19 pandemic, Rs. 1500-1600 billion has reduced from the revenue that we should have generated during this year alone. That is even higher than the amount we estimated to be the ... -
Basil Rajapaksa: Poultry and eggs
(www.factcheck.lk, 12/9/2021)TRUE:Sri Lanka…[is] already [close to being] self-sufficient in eggs and poultry. - Basil Rajapaksa, Budget Speech, 12 Novemeber 2021 -
Budget Check 2021
(www.factcheck.lk, 11/17/2020)For the very first time in Sri Lanka, the FactCheck team at Verité Research conducted the inaugural #BudgetCheck2021. The team carried out live fact checking on claims made by Prime Minister Mahinda Rajapaksa in his 2021 ... -
College of Community Physicians: COVID-19 Burials
(www.factcheck.lk, 1/14/2021)TRUE: WHO, CDC and the European Center for Disease Prevention and Control had issued clear and extensive guidelines on handling dead bodies confirmed or suspected as having COVID-19… all these global pandemic control ... -
Dayasiri Jayasekara: Industrial GDP
(www.factcheck.lk , 3/31/2022)FALSE: Industrial sector is in a huge crisis at present, every government after 77’ is responsible for this.... The industrial sector which was at all times 54%, reduced to 27%. – Dayasiri Jayasekara, Ada Derana, 04 February 2022. -
Dayasiri Jayasekara: Tourism earnings
(www.factcheck.lk, 7/29/2021)TRUE: The tourism industry has collapsed completely following the Easter Sunday attacks and following this COVID-19 pandemic. Due to the collapse of the tourism industry, we have lost USD 5 billion per year that the country ... -
Dinesh Gunawardena: Foreign Remittances
(www.factcheck.lk, 6/18/2020)TRUE: In 2018 the income the country received from overseas workers was about USD 7 billion. That was 7.9% of that year’s GDP. - Dinesh Gunawardena, Divaina, 9 June 2020 -
Dinesh Gunawardena: IDP Resettlement
(www.factcheck.lk, 3/25/2020)PARTLY TRUE: “Sri Lanka also made significant progress in the resettlement of over 440,000 IDPs … presently it has risen to 93.76%.” - Dinesh Gunawardena, Daily FT, 28 February 2020 -
Dr. Nandalal Weerasinghe: IMF
(www.factcheck.lk , 6/16/2022)TRUE: An Extended Fund Facility (EFF) - which allows longer repayment periods - may be best suited to the country, it typically requires deeper structural reforms. Nandalal Weerasinghe, Daily News, 19 April 2022. -
Dr. P.K.G Harishchandra: Reserves
(www.factcheck.lk, 2024-02-29)PARTLY TRUE: “[…] We've been able to build up reserves to 4.4 billion by the end of last year.” Assistant Governor Central Bank of Sri Lanka (CBSL) P. K. G. Harischandra, CBSL Monetary Policy Review No. 01 of 2024, 23 ... -
Dullas Alahapperuma: Forex Earnings
(www.factcheck.lk, 5/7/2021)PARTLY TRUE: The largest foreign exchange earners contributing USD 7 billion to the economy of this country are the women of our country who perform drudgery in the Middle East. Number two is the apparel industry. USD 5.6 ...