Browsing FactCheck by Title
Now showing items 74-93 of 227
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Harin Fernando: Chinese tourists
(www.factcheck.lk, 7/13/2023)PARTLY TRUE: If each Chinese tourist spent $5,000 that could raise a figure comparable to the recent International Monetary Fund bailout…If you really look at it, tourism can get Sri Lanka out of this mess. Harin Fernando, ... -
Harin Fernando: employment trends
(factchecklka - Facebook, 10/12/2018)TRUE: Minister Fernando pointed out that employment has increased from 7.7 million in 2014 to 8.2 million in 2017. - Harin Fernando, 3 October 2018, Daily News -
Harini Amarasuriya: Female Labor Force Participation
(www.factcheck.lk, 10/22/2020)TRUE: ..according to the 2009 [sic, 2019] Annual Report from the Central Bank, the female labour force participation rate of Sri Lanka was 34.5%. It was 73% for men... We have one of the lowest female labour force participation ... -
Harini Amarasuriya: Unpaid care work
(www.factcheck.lk, 8/17/2023)TRUE: …there are a few factors that are not considered when measuring the contribution to the labour force…[a] large chunk of unremunerated work done by women is the main type of work that is not included in these statistics. ... -
Harsha de Silva: Budget Deficit
(www.factcheck.lk, 5/13/2021)TRUE: CBSL Annual Report states Sri Lanka's budget deficit for 2020 [was a] huge 11%. But it should be even higher at 14%. - Harsha de Silva, Harsha de Silva's Official Twitter, 1 May 2021 -
Harsha de Silva: EPF and ETF
(www.factcheck.lk, 5/25/2023)TRUE: The majority of Sri Lanka’s domestic debt is in treasury bonds. We have [almost 9,000 billion] worth of treasury bonds….44.5% of that is in banks….43% was borrowed from EPF & ETF. Harsha de Silva, Daily FT, 20 April 2023 -
Harsha De silva: Government debt
(www.factcheck.lk, 10/1/2020)TRUE: …the government made a hue and cry [those days] saying that the debt rose by Rs. 5,700 billion in five years, didn’t they? However, during their time, it has risen by [approximately] Rs. 1,000 billion in just four ... -
Harsha de Silva: Inflation in Asia
(www.factcheck.lk , 3/3/2022)TRUE: We [Sri Lanka] have the highest inflation in Asia as of now. - Harsha de Silva, Ada Derana, 1 February 2022 -
Harsha de Silva: Loan Collateral
(www.factcheck.lk, 8/20/2020)Also, for the first time in Sri Lanka’s history, when Sri Lanka, as a sovereign state, asked the international community for a loan, they asked for collateral. This is because the international community has identified ... -
Harsha de Silva: Multidimensional poverty
(www.factcheck.lk, 12/14/2023)PARTLY TRUE: The World Bank states that the poverty level which was at 13% in 2019 has by today, increased to at least 25%. The multidimensional Poverty Vulnerability of Oxford University and UNDP (sic) states that when ... -
Harsha de Silva: Real Returns on EPF
(www.factcheck.lk, 9/29/2023)TRUE: […] In the [EPF] Act itself it specifies 2.5% return. […] at the time inflation was at around 1 percent, if you look at 5 years prior to 1958, the average would have been 1 percent. […] Over the years, some years ... -
Harshana Rajakaruna: MPs not speaking in Parliament
(www.factcheck.lk, 3/28/2019)TRUE: As a whole, 95% of MPs have spoken [in parliament in 2018]. It is only 5% who haven't spoken. - Harshana Rajakaruna, Silumina, 3 March 2019 -
J.C Alawathuwala: Food expenses
(www.factcheck.lk, 2024-01-18)PARTLY TRUE: In 2019, the expenditure on the food of an individual living in Colombo or elsewhere in Sri Lanka was between Rs. 6,000 and Rs. 6,500. By 2023, this has increased to between Rs.16,000 to Rs.17,000. That is, ... -
Janaka Ratnayake: Fuel price reductions
(www.factcheck.lk, 8/4/2022)True: The price of petrol was reduced by 20 rupees last night. I had pointed out two weeks ago that the price of a litre of petrol… can be reduced by 150 rupees. – Janaka Ratnayake, PUCSL Press Release, 18 July 2022 -
John Amaratunga: Tourism earnings
(www.factcheck.lk, 5/16/2019)TRUE: When he took office in 2015, there were 1.5 million tourist arrivals and in 2018, it increased to 2.3 million. Tourism revenue was USD 2.5 billion and reached USD 4.3 billion in the same time period. - John Amaratunga, ... -
Kabir Hashim: Poverty line
(www.factcheck.lk, 6/29/2023)TRUE: “…by 2019…the poverty line[sic] of this country was 11%…it has grown to 25% by 2023. I believe it is more than that. But the World Bank has calculated that it is only 25%, which means that out of 22 million in this ... -
Kanchana Wijesekara: Fuel prices
(www.factcheck.lk , 5/24/2022)TRUE: Fuel Price will be revised from 3am today. Fuel pricing formula that was approved by the cabinet was applied to revise the prices. Price revision includes all costs incurred in importing, unloading, distribution to ... -
Kanchana Wijesekera: Electricity Generation Cost
(www.factcheck.lk , 1/27/2023)PARTLY TRUE: If we are in a situation where there is no rainfall, provided that we are able to obtain all the coal we need by April, we would be able to provide electricity all 24 hours of the day, without interruptions…That ... -
Kanchana Wijesekera: Forensic Audit Report
(www.factcheck.lk, 3/5/2020)FALSE: "Around 96 percent of the Rs.10,000 million ‘loss’ highlighted by the Forensic Audit Report into Bond transactions from the period 2005-2015 actually went to several government institutions which benefitted immensely. ... -
Kanchana Wijesekera: Fuel Price Formula
(www.factcheck.lk, 4/21/2023)PARTLY TRUE: Fuel Cost Breakdown - Data for the formula from actual cost incurred during the immediate past 28 days period from 28th February - 28th March 2023….Price difference (between the formula base price per litre ...