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Central Bank (CB) Governor Dr. Nandalal Weerasinghe has emerged as the most trusted and the only person commanding the trust of the majority of Sri Lankans to carry out economic reforms in resolving the present economic crisis, according to the ‘Economic Reform Index’ survey conducted by Social Indicator (SI), the survey research arm of the Centre for Policy Alternatives (CPA).
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Fitch Ratings - Hong Kong: Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ’CC’, from ’CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ’RD’ (Restricted Default). Fitch typically does not assign Outlooks to ratings of ’CCC+’ or below.
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Former President Mahinda Rajapaksa had used 43 percent of the total expenditure of the Presidential allocation for his personal staff while former President Maithipala Sirisena has used 57 percent, according to accounts released by the office.
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Sri Lanka all-rounder Chamika Karunaratne could face a fresh inquiry, this time from the Sports Minister Roshan Ranasinghe, after a letter written about the player’s behaviour while on tour with the national team at the T20 World Cup in Australia last month, was leaked publicly.
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The Chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Ratnayake today vowed not to allow an increase in electricity tariffs as cabinet approval is not sufficient to go ahead with that proposal to cover the loss of the Ceylon Electricity Board (CEB)
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The IPL Player Registration was closed yesterday (Nov 30) and a total of 991 players including 23 players from Sri Lanka have signed up to be part of the TATA IPL 2023 Player Auction set to take place on 23rd December 2022 in Kochi.
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The State Minister of Defence Premitha Bandara Tennakoon together with the Defence Secretary and Chairperson of the General Sir John Kotelawala Defence University (KDU) Board of Management General Kamal Gunaratne made an inspection visit to the University Hospital of the General Sir John Kotelawala Defence University (UH-KDU) situated in Werahera today (Dec 01).
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Interviews are held to select organizers for the UNP at Party headquarters, ’Sirikotha’ today. UNP Deputy Leader Ruwan Wijewardene, General Secretary Palitha Range Bandara, Chairman Vajira Abeywardena, Navin Dissanayake and Lakshman Wijemanne are seen in the picture conducting interviews. Pix by Pradeep Pathirana
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While stressing that neither the preferential voting system nor a mixed system can ensure sufficient women and youth representation in Parliament, President Ranil Wickremesinghe today proposed a list system to fulfil the need.
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Sri Lanka crossed the billion dollar milestone in earnings from tourism in October when the country earned US$ 75.6 million from the trade, which is providing a glimmer of hope for the country’s economy beset by acute shortages of foreign currency since the middle of last year.