CBSL governor reports debt reduction with reduced accuracy
Sri Lanka, Aug. 17 -- The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe was reported to have stated that Sri Lanka's national debt burden had fallen, from 105% to 95% of the GDP.
FactCheck.lk could not locate the Governor's original statement. However, this precise wording was carried by several media outlets, including the Daily News on 5 June 2026, indicating a single official source. The numbers and reporting indicate that he was referring to the reduction in the country's debt-to-GDP ratio after the economic crisis in 2022-2023.
To verify this claim, FactCheck.lk reviewed central government and public debt data published by the CBSL, the IMF Fifth and Sixth Review reports and the Ministry of Finance's qu...
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