Right on Sri Lanka being high on fats and sugar imports

1 April 2021 12:00 am Views - 849

 

To check this claim, FactCheck consulted the Annual Imports Statistics published by the Central Bank of Sri Lanka for 2019 and 2020 under the External Sector Statistics and Monthly Economic Indicators which give provisional import data. 

FactCheck considers the MP to comparing import value of the first 11 months of 2020 data against the previous year – the months for which data would have been available at the time the statement was made.The data (in Exhibit) shows that value of sugar and confectionery imports have increased from USD 179.9 million in 2019 to USD 247.4 million in 2020. This is a 37.5% increase. Oils and fats imports have increased from USD 25.7 million in 2019 to USD 86.7 million in 2020. This amounts to a 237.2% increase. Both these numbers align with the claim made by the MP.

 

 

 

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