Economy and jobs
1,152 claims on this topic checked by other fact-checking organisations. Topics are sorted by the words in each claim and cover English-language checks.
“Jobs in Israel are available free of charge, with no educational qualifications required and a monthly salary of more than Rs. 800,000.”
“Meta CEO Mark Zuckerberg wrote a letter addressed to the House of Representatives, in response to child safety concerns on Meta platforms raised by lawmakers in a House budget hearing.”
Vera Files says: Neither Zuckerberg nor any of Meta's official channels issued official statements or letters addressing the “safety concerns” raised by the House of Representatives. The Adobo Chronicles, a satirical news website create…
“Sara Duterte requested a P250-million budget for her travel expenses for the fiscal year 2027.”
Vera Files says: Contrary to the claim, the Office of the Vice President proposed P51 million for travel expenses in 2027.
“This past filing season, 440,000 tipped workers right here in Nevada saved an average of $10,000 on their taxes" because of the "no tax on tips" policy.”
FactCheck.org says: Instead of actual tax savings, the president may have been referring to the average amount some tipped workers were able to deduct from their federal taxable income in 2025. The actual savings would be a fraction of tha…
“Parliamentarian Dr. Harsha de Silva said that Rs. 3,200 of a Rs. 3,700 bottle of arrack is pure tax.”
“We inherited the worst inflation in the history of America from the Biden administration. And as you know, last week, it was announced that inflation is way down. It’s down more than it’s been in over six years.”
FactCheck.org says: Trump did not inherit the worst inflation in history. And while there was a big one-month drop in the rate of inflation in June, the annualized inflation rate was not lower than when Trump took office.
“A video shows Chel Diokno admitting that the prosecution panel was fishing for evidence in requesting to subpoena Sara Duterte's bank and tax records.”
Vera Files says: The video was deceptively edited to omit the full context of Diokno's remark clarifying that “a fishing expedition may be said to occur only when the party requesting the evidence or documents is merely taking a chance …
“International bodies including the World Bank have certified Sri Lanka as South Asia's fastest-growing economy, ahead of India and Pakistan.”
“The Reserve Bank of India (RBI) has launched new ₹500 plastic currency notes that do not feature Mahatma Gandhi’s photograph.”
FACTLY says: The Reserve Bank of India (RBI) has not launched any new ₹500 plastic currency notes without Mahatma Gandhi’s photograph. Neither the RBI nor the Central Government has announced the issuance of such a banknote, and the…
“The World Bank has ranked Sri Lanka the world's second poorest country.”
“The Central Bank Governor warned that Sri Lanka's economic outlook is uncertain, in a statement widely shared on social media.”
“Petrol bunks in several states will remain closed every Sunday following PM Modi’s appeal to save fuel.”
FACTLY says: The Indian Petroleum Dealers’ Association has not announced any Sunday closure, and both Press Information Bureau fact-check unit and Indian Oil Corporation confirmed that petrol bunks are operating normally on all days…
“As soon as" the war in Iran is over, "you’re going to see gasoline and oil [prices] drop like a rock.”
FactCheck.org says: Energy experts told us that gasoline prices will start to fall when the conflict is resolved, but it could take many months before the national average price is back to where it was before the conflict began.
“The average IRS tax refund is up 11% compared to last year.”
PolitiFact says: Official IRS statistics show that by late March, average refunds were about 11.1% higher than they were in 2025, a number that has remained steady in the weeks since. Tax experts agree that the 2025 tax bill is the main…
“Gasoline prices have “come down very substantially today.”
PolitiFact says: Between May 4 and May 7, gasoline prices rose every day. Crude oil prices decreased, but daily variations aren’t reflected immediately in prices at the pump, experts say. By historical standards, U.S. gasoline prices ar…
“Value Added Tax (VAT) has been increased by 2.5% for all goods and services in Sri Lanka.”
“Air India has canceled all international flights until July due to fuel shortages”
“Fuel prices in Sri Lanka were revised again on April 30, 2026.”
“Order issued by the Ministry of Petroleum and Natural Gas increasing petrol and diesel prices by ₹10 and ₹12.50 on 29 April 2026.”
FACTLY says: The Press Information Bureau (PIB) Fact Check unit clarified that the viral document is fake and that the government of India has not issued any such order increasing fuel prices.