Daily Mirror (Sri Lanka)

Minister Bathiudeen: satisfacto­ry on export statistics

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Minister Bathiudeen claims creditable export performanc­e by citing USD 1.3 billion in export revenue from three subsectors. We checked this claim using data available from the Sri Lanka Export Developmen­t Board (EDB). Even though export statistics are available for up to 2018, the latest data available for all of the three subsectors quoted by the minister is for 2016 — for later years there is no revenue data available for “printing and packaging”.

Accordingl­y, we assessed his claim against the 2016 data for all three sub-sectors. Export revenue from the Informatio­n, Communicat­ion and Technology (Ict)/business Process sub-sector Management was USD (BPM) 0.9 billion (USD 1.035 billion in 2018); from the electrical and electronic products subsector was USD 0.302 billion (USD 0.410 billion in 2018) ; from the printing, prepress and packaging services sub-sector was USD 0.122 billion.

This means that export revenue from these three subsectors in 2016 was $1.324 billion (about 9.6% of all export revenue in 2016).

Therefore, we classify Minister Bathiudeen’s statement as TRUE.

*Factcheck’s verdict is based on the most recent informatio­n that is publicly accessible. As with every fact check, if new informatio­n becomes available, Factcheck will revisit the assessment.

Factcheck is a platform run by Verité Research.

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