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As calls are growing for the independence of Sri Lanka’s Central Bank, which was also clearly laid out in the staff-level agreement with the International Monetary Fund (IMF), there are growing concerns among certain sections whether total independence would mean lack of accountability for the actions the monetary authority takes to maintain price stability.
4
Former Health Minister Rajitha Senaratne and former State Pharmaceuticals Corporation (SPC) Chairman Rumi Mohammed today pleaded not guilty to the charges levelled against them in connection with the controversial White Van Press Conference Case.
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Economic stability has to be achieved while ensuring national security, political stability and maintaining law and order, newly appointed State Minister of Defence Pramitha Bandara Tennakoon said.
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While denouncing reports circulating in the country, the All Island Poultry Association of Sri Lanka (AIPASL) today assured that there will be no maximum price increase for eggs and chicken at Rs.100 and Rs.2,000 respectively.
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Fundamental Rights petitions filed by eleven lawyers challenging the legality of the deployment of Army personnel to forcefully disperse a peaceful protest held at the ramparts of the Galle Fort on June 29 have been fixed for support by Supreme Court.