Subscribe to our WhatsApp Channel A viral post, associated with a chart that lined up global superpowers, claimed that Sri Lanka had rocketed from bankruptcy to a global fourth place in just two years, only behind the United States, China, and Canada. The claim spread fast because it flattered a nation still climbing out of […]
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Subscribe to our WhatsApp Channel Sri Lanka’s debt is personal for every taxpayer who lived through the 2022 default, so a post now spreading on social media lands hard: “Thieves plundered for 74 years and ran up Rs. 22 trillion in debt; Anura came and pushed it to Rs. 34 trillion in 17 Poya days” […]
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Subscribe to our WhatsApp Channel The United States is Sri Lanka’s single biggest export market. So, when news broke that Washington had cut the additional tariff on Sri Lankan goods from a proposed 12.5% to 10%, right after Colombo banned imports made with forced labour, it mattered to a lot of households. What exactly has […]
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Subscribe to our WhatsApp Channel For a country still climbing out of economic collapse, it was a flattering headline: Deputy Minister of Housing, Construction and Water Supply, T.B. Sarath said international bodies including the World Bank had certified Sri Lanka as South Asia’s fastest-growing economy, ahead of India and Pakistan. Mainstream and social media carried […]
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Subscribe to our WhatsApp Channel A number can travel a long way once it leaves its original context. This week, posts began circulating claiming the IMF had confirmed that USD 808 million simply went missing from Sri Lanka in 2025, under the NPP government. The figure itself is real and appears in an official IMF […]
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Subscribe to our WhatsApp Channel In May 2026, social media posts celebrating the NPP government’s economic management spread widely, claiming that Sri Lanka had made a historic payment of USD 8.09 billion to the global financial market in the first three months of the year. The figure is real. What it represents, however, is not […]
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Subscribe to our WhatsApp Channel A statement made by the Central Bank Governor at the Finance Committee meeting on May 13th, warning that the country’s economic outlook is uncertain, is now being widely shared across social media and mainstream media outlets. Here is how Fact Crescendo investigated this claim. Social Media Posts: Posts circulated on […]
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Subscribe to our WhatsApp Channel The alleged cyberattack involving unauthorized access to the computer system of the Ministry of Finance’s Department of Foreign Resources and the reported misappropriation of USD 2.5 million has emerged as a prominent national concern in recent days. Alongside this, a significant volume of related content, much of it unverified and […]
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Subscribe to our WhatsApp Channel In a move to reduce the trade deficit with the US, President Donald Trump has been announcing new tariff percentages for many countries that import goods into the US. In this background, a letter addressed to Sri Lankan President Anura Kumara Dissanayake has been widely shared, which talks about the […]
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