Minister Eran Wickramaratne correct on tourism earnings

4 July 2019 12:01 am - 1     - {{hitsCtrl.values.hits}}

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On 22 May 2019, Dinamina reported State Minister of Finance Eran Wickramaratne making the following statement.


Sri Lanka’s tourism sector accounts for 5% of gross domestic product.


To check this claim, we consulted the latest Annual Report from the Sri Lanka Central Bank (CBSL), from 2018. According to the CBSL annual report, earnings from tourism for 2018 were $4,381 million and GDP was $88,901 million. 


This means that earnings from tourism was 4.9% of GDP in 2018. 


Therefore, we have categorised the state finance minister’s statement as TRUE.


*FactCheck’s verdict is based on the most recent information that is publicly accessible. As with every fact check, if new information becomes available, FactCheck will revisit the assessment.

 

FactCheck is a platform run by Verité Research. 
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  Comments - 1

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • Harinda Wednesday, 10 July 2019 01:08 PM

    One of the few honest politicians in Sri Lanka


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