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While claiming that Sri Lanka will no longer be declared a bankrupt nation in the next few days, President Ranil Wickremesinghe yesterday expressed hope that once Sri Lanka entered into the agreement with the International Monitory Fund (IMF) the Rupee will gradually come down to 200 or 185.
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Having the highest annual revenue target of Rs.217 billion in history, the Department of Excise has experienced a tax revenue drop of 35 per cent in the first two months of this year thus far, the Excise sources said.
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Chairman of the National Delimitation Committee on Demarcation of Wards for Local Authorities, Mahinda Deshapriya said that it is not appropriate for local government polls to be delayed and that the possibility of holding local government polls on April 25 are grim.
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Claiming that airline agencies in Sri Lanka have reduced prices of air tickets by 20 percent in proportion to the decrease in the price of the US Dollar, Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva said that they agreed to further reduce the prices of air tickets in the future.
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Although certain parties have accused the Central Bank and the government of artificially strengthening the value of the rupee against the dollar, State Minister for Finance Ranjith Siyambalapitiya said that it has been confirmed that the value of the rupee is determined by the demand and supply of the dollar and that it may fluctuate from time to time.
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The Ceylon Teachers’ Union (CTU), the All Island United Teachers’ Union (AIUTU), and the Joint Teachers’ Service Union (JTSU) claimed yesterday that they will engage in trade union action if the government fails to provide solutions for the sudden decision to dissolve the National School Teacher Transfer Board.
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The International Criminal Court has taken the major step of issuing an arrest warrant for Vladimir Putin over the Ukraine war. But does this mean the Russian president, accused of the war crime of deporting children, is really ever likely to stand trial in The Hague?
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In a letter to President Ranil Wickremesinghe, the Bar Association of Sri Lanka (BASL) has urged that the appointment of the Inspector General of Police be done in a transparent manner so as to establish public confidence in the appointment process.