SRI LANKA ORIGINAL NARRATIVE SUMMARY: 19/10

Date:

  1. SLPP General Secretary Sagara Kariyawasam says
    SLPP is not in favour of the 22nd Amendment to the Constitution, as certain provisions have been introduced targeting specific persons and not for public benefit: cites example of “disqualifying dual-citizens” from contesting elections being introduced to target former Finance Minister Basil Rajapaksa.
  2. Supreme Court directs petitioners in FR cases on “economic crisis” to add 2 members of the Monetary Board of the CB, Sanjeeva Jayawardena PC and Dr Ranee Jayamaha, as Respondents: reports emerge that the duo received over Rs.2.7 mn each, for attending MB meetings.
  3. Leader of the House Minister Susil Premajayanth presents Appropriation Bill for the year 2023: Cabinet also approves increase in Government’s credit limit by another Rs.663 bn.
  4. Ernst & Young Tax Partner Sulaiman Nishtar says amendments to the Tax Act will end the application of the 3-year concessionary rate of 14% to companies listed at the CSE: accordingly,
    the rate will increase to 30% from 1st October 2022.
  5. Energy Minister Kanchana Wijesekera says if any employee or trade union violates the essential services regulations and
    disrupts services, they will face immediate legal and disciplinary action.
  6. Cabinet extends doctors’ retirement age by 1 year: allows those who are 60, 61, or 62 years by the year’s end to work till 61, 62 & 63 respectively: those who are 59, to retire by 60.
  7. Navy re-establishes communication with its 6-crew Vessel engaged in surveillance activities on the Southern seas: it had previously lost contact for 31 days.
  8. Cabinet appoints a “Sub-committee on Reconciliation” chaired by the President: objective to promote reconciliation between the “various sections of the population” and propose solutions to the problems re. resettlement, land and missing persons.
  9. Energy Minister Kanchana Wijesekera says the Electricity Board anticipates a loss of Rs.152 bn in the next 4 months despite tariff increase in August 2022: also says the loss for the first 8 months of 2022 was Rs.108.6 bn: further says the reason for the losses is the delay in imposing “cost-reflective” pricing.
  10. Sri Lanka beats UAE by 79 runs in the ICC T20 World Cup Group “A” match played in Australia; SL 152/8 (20 overs): UAE 73 all out (17.1 overs): Man of the Match – Pathum Nissanka.

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