Browsing FactCheck by Title
Now showing items 51-70 of 227
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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 ... -
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 - 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: 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: 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: 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: 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: 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: 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 -
G.L. Peiris: Presidential Immunity under 19A
(www.factcheck.lk, 9/16/2020)FALSE: As long as 19A is in force, the president has to waste his time in courts…That is why immunity is needed… - G.L. Peiris, Aruna, 8 September 2020 -
Gamini Lokuge: On the strength of EPF
(www.factcheck.lk, 4/22/2021)FALSE: The Employees Provident Fund has become the strongest fund in Asia today. - Gamini Lokuge, Parliament Hansard, 9 February 2021 -
Gayantha Karunatilleka: Income Inequality
(www.factcheck.lk, 4/29/2021)TRUE: 35% of our country's national income is enjoyed by 10% of the population. - Gayantha Karunatilleka, Divaina, 30 March 2021 -
Gayantha Karunatilleka: Students-to-academic staff ratio
(www.factcheck.lk, 11/30/2023)FALSE: Although the number of academic staff is dwindling [in recent months], the annual intake of students at universities has doubled since 2017. Gayantha Karunatilleka, NewsFirst, 19 October 2023 -
GL Peiris: 19A Dissolution
(www.factcheck.lk, 9/16/2020)TRUE: Before the 19th Amendment, when a new president was elected, he had the power to dissolve parliament and to call for an election to elect a parliament that would be in alignment with his policies… [After the 19th ... -
GMOA: COVID-19 Statistics
(www.factcheck.lk, 4/2/2020)FALSE: “We are in a worst situation compared to Italy at the end of the first 7 days (from 1st Local Case). Peak of the COVID-19 in Sri Lanka can be expected during New Year Season if we do not take more aggressive decisions ... -
Gotabaya Rajapaksa: Child disability statistics
(www.factcheck.lk, 2/27/2020)FALSE: In Sri Lanka, 20 percent of children are having a mental or physical disability. - Gotabaya Rajapaksa, President's Official Twitter Page, 25 January 2020 -
Gotabaya Rajapaksa: Foreign Loans
(www.factcheck.lk, 1/27/2022)FALSE: I have not taken a cent in foreign loans during my two years in office. - Gotabaya Rajapaksa, Newswire, 7 January 2022, -
Gotabaya Rajapaksa: GDP growth
(www.factcheck.lk, 7/2/2020)PARTLY TRUE: Prior to 2015, the economic growth rate was between 7% and 8%, but by 2019, it fell below 2%. - Gotabaya Rajapaksa, Divaina, 16 June 2020 -
Gotabaya Rajapaksa: International Sovereign Bonds
(www.factcheck.lk , 6/26/2022)PARTLY TRUE: Every month we have to repay the loans that previous governments had obtained for various reasons. On ISBs, by 2015, we had only taken out USD 5 billion worth of them. During the time of the previous government, ...