One Third of Sri Lanka’s IMF Loan Was NOT Stolen : Misleading Media Headlines Led to Confusion

Subscribe to our WhatsApp Channel A striking line raced across Sri Lankan social media: a third of the money the country borrowed from the International Monetary Fund had been stolen, some posts went further and accused the government of pocketing it. The charge was explosive, and the figure sounded precise enough to believe. We traced […]

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Kasagala Green Plantations and the Central Bank: What Actually Happened, Explained

Subscribe to our WhatsApp Channel Kasagala Green Plantations (Pvt) Ltd has become the subject of heated debate in recent weeks. The dispute intensified after the Central Bank of Sri Lanka (CBSL) issued an official statement rejecting claims its director made during a television appearance and opened a formal investigation soon after. Below is our explainer […]

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No, USD 808 Million Did Not Go Missing in 2025 — Here Is What the IMF Figure Actually Means

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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A counterfeit currency note identical to the new Rs.2000 note?

Subscribe to our WhatsApp Channel Ever since the Central Bank of Sri Lanka released a new 2000 Rupee currency note in 2025, it has been the subject of various misleading posts on social media. Recently, we came across a viral image, shared as an advisory message, requesting the public to be wary of a purported […]

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What is the currency note that was issued with the signature of the President? 

Subscribe to our WhatsApp Channel Constant discussions have been circulating stating that money have been newly printed and distributed under the current government. In each case, what has happened is not printing money but releasing money from the Central Bank’s cash reserves to the circulation in the country. Meanwhile, a misleading social media post was […]

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Fact Check: Doctored Image Goes Viral as A New 10,000 Rupee Note in Sri Lanka! 

Even though keen observers may quickly identify manipulated images, average social media users often get deceived by misleading image edits.  This investigation focuses on misleading posts circulating on social media related to a currency note image.  Social Media Posts Recently, social media has been abuzz with posts claiming that the Central Bank of Sri Lanka […]

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Did the Central Bank of SL release A Rs.1000 coin for public circulation?

දිනපතා සත්‍ය කරුණු දැන ගැනීමට අපගේ WhatsApp සමුහයටමෙතනින් එකතුවන්න. Claims are viral on social media, implying that the Central Bank of Sri Lanka released Rs.1000 coins for public circulation. In a sarcastic manner, these posts suggest that the value of the rupee has depreciated so much, and that’s why the coins of such high value […]

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FACT CHECK: Banks Have Not Waived Off ATM Withdrawl Fee…

With the rapid spread of COVID-19 in the country, the government of Sri Lanka has taken steps to provide various forms of relief to various sectors, including banking and financial services. The easing of interest rates subjected to Central Bank restrictions and the extensions to loan repayment periods were some of the concessions provided by […]

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Indian head for CBSL Bond Investigation Sacked…? Here’s the truth!

The Monetary Board, in consultation with the Auditor General and the Attorney General, took measures to commission six forensic audits pursuant to the recommendations of the Presidential Commission of Inquiry, appointed to investigate and inquire into and report on the issuance of Treasury bonds, during the period 1 February 2015 to 31 March 2016. As […]

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