Browsing by Subject "debt"

Now showing items 1-6 of 6

    • Bandula Gunawardana: Active Liability Management Act 

      S1521;
      FactCheck       (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 ...

    • Eran Wickramaratne: All Borrowings Used to Repay Debt 

      E487;
      FactCheck       (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

    • Harsha de Silva: Loan Collateral 

      S2412;
      FactCheck       (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 ...

    • Mahinda Rajapaksa: Debt 

      E248;
      FactCheck       (factchecklka - Facebook, 3/21/2019)
      FALSE: "In the past four years, the UNP-led government has borrowed the equivalent of 50% of the total national debt that was outstanding as at the end of December 2014 from the loans taken in the six decades after gaining ...

    • Patali Champika Ranawaka: Loans from Japan 

      S2378;
      FactCheck       (www.factcheck.lk, 7/8/2020)
      TRUE: As a country, Japan has given the most in loans at low interest rates. - Patali Champika Ranawaka, Aruna, 16 June 2020

    • Udaya Gammanpila: Debt to GDP ratio 

      S2387;
      FactCheck       (www.factcheck.lk, 7/23/2020)
      TRUE: In 2005, when we took over the country, Sri Lanka's debt burden was 103%... [we] reduced the debt burden to 72%. During the five years the UNP ruled the country, [they] once again increased it to 87%. - Udaya Gammanpila, ...