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Fri, 26 Apr 2024 Today's Paper
25 Nov 2021 - 0 - 2372
The minister claims (a) there are nearly 1,000 tax files registered with the Department of Inland Revenue (IRD), and (b) there are over 10 million credit cards in issue in the country, with each credit card holder performing transactions of over Rs. 1 million. FactCheck.lk interpreted the minister’s statement in context as referring to the value of transactions per annum per credit card rather
19 Nov 2021 - 0 - 880
The MP’s statement suggests that it is not feasible for Sri Lanka to move towards 100% organic agriculture in a short span of time.
11 Nov 2021 - 4 - 2309
To check this claim, FactCheck.lk consulted the Weekly Economic Indicators of the Central Bank of Sri Lanka (CBSL) and the Ministry of Finance (MoF) Annual Report.
04 Nov 2021 - 0 - 965
To check this claim, FactCheck.lk consulted import data from the Central Bank of Sri Lanka (CBSL). Expenditure on fuel imports depends not just on consumption, but also largely on international prices, which tend to fluctuate. Therefore, FactCheck.lk considered average expenditure on fuel from 2010 to 2020.
28 Oct 2021 - 0 - 1085
In his statement, the MP claims that as per the Cabinet memorandum presented by Finance Minister Basil Rajapaksa, the Framework Agreement between the government and the New Fortress Energy (NFE) Company resulted in assigning to NFE economic rights that were a part of an ongoing tender process—the integrity and sensibility of which has also been questioned. The tender was to build a Floating Storage Regasification Unit (FSRU), and the pipelines th
21 Oct 2021 - 0 - 565
Chief Government Whip and Highways Minister Johnston Fernando said the expert committee will send the draft of the new constitution to Parliament early next year. The minister sa
21 Oct 2021 - 0 - 585
MP Shantha Bandara made this statement in the context of the newly passe
14 Oct 2021 - 0 - 1021
The former state minister’s statement provides a breakdown of social and related expenditures by government, and as reported attributes LKR 700 billion to the costs of control and relief activities due to Covid-19. (Headline in the Daily News: Rs 7
07 Oct 2021 - 0 - 741
To check this claim, FactCheck.lk consulted data from the Central Bank of Sri Lanka (CBSL) Annual Reports. Data from the CB
30 Sep 2021 - 1 - 933
In his statement, the MP states that (1) 70% of government revenue is spent on interest on loan repayments, and (2) Lebanon is the only country in the world to pay higher interest than Sri Lanka as a percentage of national revenue. To evaluate this claim, FactCheck.lk consulted the Central Bank of Sri Lanka (CBSL) Annual Reports and the World Bank World Development Indic
23 Sep 2021 - 1 - 665
The former MP claims that (a) 10 Covid-19 patients die every hour in Sri Lanka, (b) the ratio of Covid-19 death to cases in Sri Lanka is 1.5%, and (c) Sri Lanka reports the highest daily Covid-19 death rate in the Asian region at the time of his statement (i.e., 11 August).
16 Sep 2021 - 0 - 987
To evaluate the minister’s claim, FactCheck.lk consulted data from the Annual report published by the Ministry of Finance (MoF).
10 Sep 2021 - 0 - 1093
In Sri Lanka, the phrase “sugar scam” refers to the scandal surrounding the sudden large reduction in the Special Commodity Levy (SCL) on sugar imports, which took place on 13 October 2020. The SCL on sugar was reduced by 99.5%
02 Sep 2021 - 0 - 895
The minister claims that Sri Lanka has the lowest petrol and diesel prices in the South Asian region—except for Pakistan, which has a lower diesel price.
26 Aug 2021 - 5 - 1042
To check this claim, FactCheck.lk consulted World Bank national accounts data on GDP growth. FactCheck.lk evaluat
19 Aug 2021 - 1 - 703
In his statement, the state minister claimed that the population percentage dependent on agriculture is over 30%, while the contribution to GDP is less than 10%. His figures indicate that the population percentage dependent on agricultur
12 Aug 2021 - 0 - 711
(1) On the numbers: Tax revenues increased from Rs. 1,050 billion in 2014 to Rs. 1,700 billion under the yahapaalanaya gov
05 Aug 2021 - 0 - 1615
In his statement, the MP states that (1) public sector debt as a percentage of GDP was 109.7% in 2020, (2) this is the highest public debt in Sri Lanka’s history, and (3) if sovereign bonds had not been undervalued public debt would exceed 113% of GDP. To evaluate this claim, FactCheck.lk consulted the Central Bank of Sri Lanka (CBSL) Annual Reports.
29 Jul 2021 - 0 - 969
To check the claim on the ‘collapse’ of Sri Lanka’s tourism industry following the Easter attacks and the COVID-19 pandemic, FactCheck.lk compared the change in performance of tourism earnings after April 2019 and after March 2020 (when COVI
22 Jul 2021 - 2 - 1878
To evaluate this claim, FactCheck.lk looked exclusively at Our World in Data (OWID) statistics on COVID-19 to facilitate cross country comparison (as of 10th July). The minister does not state his metrics of success. FactCheck.lk evaluated the claim using three criteria: (1) number of deaths per million, (2) number of tests per thousand alongside the associated positivity rate, and (3) percentage of population vaccinated.
15 Jul 2021 - 2 - 1769
In his statement, Minister of Energy Udaya Gammanpila claims that the accumulated losses of the Ceylon Petroleum Corporation (CP
08 Jul 2021 - 1 - 2289
In his statement, State Minister Lohan Ratwatte claims that (a) the credit line under which the vehicles were to be imported does not
01 Jul 2021 - 0 - 662
24 Jun 2021 - 1 - 1489
To check this claim, FactCheck.lk consulted data from the Central Bank of Sri Lanka (CBSL) Daily Operations. Money printing is more
17 Jun 2021 - 2 - 1016
To check this claim, FactCheck.lk consulted the latest press releases by the Epidemiology Unit of the Ministry of Health and Our World in Data statistics on COVID-19 vaccinations. To evaluate the first claim, FactCheck.lk considered the MP to be referring to the number of people who have received at least one dose of the COVID-19 vaccination. To evalu
10 Jun 2021 - 1 - 1275
In his statement, the MP states that (1) Sri Lanka imported 574,000 metric tonnes of fertiliser in 2020, and (2) Sri Lanka, using 284kg per hectare, has the highest chemical fertiliser consumption in South Asia. To check the f
03 Jun 2021 - 0 - 1447
To check this claim, FactCheck.lk referred to the latest available data, from 2019, from the Central Bank Annual Report (CBSL) and the Ministry of Finance (MoF) Annual Report. Public sector external debt
29 May 2021 - 5 - 891
In his statement, the MP states that (a) industries in total contribute to 26.4% of GDP, (b) industrial exports contribute 10% to GDP and (c) 10% of export against the 26.4% production is a very low share of total industrial production to export. To check this claim, FactCheck.lk consulted the National Accounts and Annual Exports Statistics published by the Central Bank of Sri Lanka and World Bank Development Indicators. On claim (a), according
20 May 2021 - 10 - 1740
To check this claim, FactCheck.lk consulted import data from the Export Development Board Trade Statistics. FactCheck.lk l
13 May 2021 - 11 - 2071
To evaluate this claim, FactCheck consulted the Annual Reports of the Central Bank of Sri Lanka of 2019 and 2020, and the Annual Report of the Ministry of Finance 2019.
7 hours ago