Browsing Media by Subject "debt"
Now showing items 1-6 of 6
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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 ... -
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 -
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 ... -
Mahinda Rajapaksa: Debt
(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
(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
(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, ...