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Now showing items 21-30 of 41
Ranjith Siyambalapitiya: Import Shortage
(www.factcheck.lk , 2/23/2023)
FALSE: …It is because this step was taken [ban imports on certain items] that essential items such as fuel, medicine and fertiliser can be imported without any shortages…
Ranjith Siyabalapitiya, Newswire, 26 January 2023
Anura Kumara Dissanayake - National Wealth
(www.factcheck.lk , 3/2/2023)
PARTLY TRUE: Today, 36% of our country’s national wealth is generated from the Western Province. The North Central Province’s contribution to our country’s national wealth is 5%. The contribution of the North Western ...
Ranjith Siyambalapitiya: Casino taxes
(www.factcheck.lk, 10/5/2023)
PARTLY TRUE: […] Effective April 1, 2023, we hope to impose a fee of USD 50 on every Sri Lankan who enters such a place of business of gaming. This law was in place since 2015. From 2015, the stated law was to charge USD ...
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
Ranjith Siyabalapitiya: On tax paying labour force
(www.factcheck.lk, 3/16/2023)
FALSE: "Only 120,965 persons or 2.6 percent of the labour force, who are earning over Rs.100,000 per month, are subjected to the PAYE tax."
Ranjith Siyabalapitiya, Daily Mirror, 11 February 2023
Sunanda Madduma Bandara: Local Government elections
(www.factcheck.lk, 11/23/2023)
FALSE: […] all the local government elections held after 1991 have been postponed without being held within the stipulated time. […]
Sunanda Madduma Bandara, Lankadeepa, 25 October 2023
Udaya Gammanpila: Provident funds
(www.factcheck.lk, 8/10/2023)
TRUE: In addition to the provident fund of the general public, CBSL also maintains a separate provident fund for its officers […] CBSL invested its funds in places where it could get the highest returns and credited an ...
Wimal Weerasansa: Total Export Income
(www.factcheck.lk, 5/4/2023)
FALSE: The total export income has reduced by almost 10% this year when compared to last year. This is a huge reduction. Therefore, it is clear that the economic strategy the government is following under the guidance of ...
Nandalal Weerasighe: Money Printing
(www.factcheck.lk, 4/27/2023)
TRUE: The total base money printed in 2021 was Rs. 344 billion, whilst the net basis reserve money issued in 2022 was below Rs. 40 billion. Nandalal Weerasinghe, Daily FT, 11 February 2023
Rauff Hakeem: Governance and Economic Crimes
(www.factcheck.lk, 8/3/2023)
PARTLY TRUE: Come September, we will be the first Asian country to be subjected to IMF review of governance diagnostic. [...] In the meantime, even in the Geneva Resolution against Sri Lanka, they spoke about the need to ...