Sri Lanka Original Narrative Summary: 02/10

Date:

  1. All fuel suppliers increase prices: Ceypetco says Petrol 92 up by Rs.4 per litre to Rs.365, Octane 95 up Rs.3 to Rs.420, Auto Diesel up Rs.10 to Rs.351, Super Diesel up Rs.62 to Rs.321, & Kerosene up Rs.11 to Rs.242.
  2. Renowned energy expert Dr Thilak Siyambalapitiya warns SL will become the country with the most expensive electricity tariff in South Asia: urges the development of a new strategy to slash electricity prices.
  3. The International Commission of Jurists raises concerns about the new Online Safety Bill: warns that, if adopted in its present form, the legislation would serve “to crush free expression and further contract an already shrinking civic space” in the country.
  4. Acting Defence Minister Pramitha Bandara Tennakoon says the Govt has taken a policy decision to reduce the number of army personnel to around 100,000 by 2030, from the present cadre of over 200,000, and to “make the army a technical & tactical army”: similar reduction to be done in the case of Navy & Air Force personnel as well.
  5. Former member of the WHO’s Technical Advisory Committee on Covid-19 Professor Neelika Malavige says the bat-borne Nipah virus is at a low risk of spreading: also says that does not rule out the necessity to be vigilant about it.
  6. NPP MP Vijitha Herath says SL has not received anything from the IMF programme so far other than the unbearable tax burden on the people: also says SL sought IMF assistance with the hope of restructuring international loans but has not been able to restructure or get a haircut on a single Dollar even after 17 months.
  7. Former Chairman of the Public Utilities Commission Janaka Ratnayake asserts the proposed electricity tariff revision is illegal & also in violation of the Constitution: points out the proposed tariff increases electricity prices by a staggering 250% since August 2022, thereby sending shockwaves through the nation.
  8. Ceylon Motor Traders Assn Chairman Charaka Perera says the Assn has sought a meeting with President Ranil Wickremesinghe to raise concerns on a proposal to permit a zero customs tariff on import of electric vehicles with power up to 500 kW, or plug-in hybrid electric vehicles up to 3000 CC in semi-knockdown form for local assembly.
  9. President Ranil Wickremesinghe congratulates Dr Mohamed Muizzu, the newly elected President of the Maldives.
  10. Chairman of the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis Gamini Weleboda says a new agreement will be necessary to receive the 2nd tranche from the IMF: also says only 38 of 100 IMF conditions have been fulfilled: adds that 43 conditions have not yet seen any progress, and the remaining conditions have only been partially addressed.

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