8 September 2022 09:52 am Views - 693
As per the Annual Report by MoF, the actual revenue earned by the Department of Sri Lanka Railways for the year 2021 was LKR 2.6 billion, which is in line with the minister’s numbers.
However, the report does not provide information related to the expenditure of the department.
Therefore FactCheck.lk used the data presented to parliament along with the Budget in November 2021 to estimate expenditure. In those documents the revised estimates of expenditure for 2021 was LKR 7.8 billion for salaries and wages plus other allowances (excluding overtime payments).
The overall claim of the minister was to suggest that the revenue collected by the Department of Sri Lanka Railways was much less than even the wages of employees, without counting all the other cost of running the railways. The ministers numbers are consistent with the data that is available, and they support his overall claim.
Therefore, we classify the minister’s statement as TRUE.
*FactCheck.lk’s verdict is based on the most recent information that is publicly accessible. As with every fact check, if new information becomes available, FactCheck.lk will revisit the assessment.
Therefore FactCheck.lk used the data presented to parliament along with the Budget in November 2021 to estimate expenditure. In those documents the revised estimates of expenditure for 2021 was LKR 7.8 billion for salaries and wages plus other allowances (excluding overtime payments).
The overall claim of the minister was to suggest that the revenue collected by the Department of Sri Lanka Railways was much less than even the wages of employees, without counting all the other cost of running the railways. The ministers numbers are consistent with the data that is available, and they support his overall claim. Therefore, we classify the minister’s statement as TRUE.
*FactCheck.lk’s verdict is based on the most recent information that is publicly accessible. As with every fact check, if new information becomes available, FactCheck.lk will revisit the assessment.
FactCheck is a platform run by Verité Research.
For comments, suggestions and feedback, please visit www.factcheck.lk.