Monday, December 2, 2024
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Sri Lanka Original Narrative Summary: 02/12

  1. The Road Development Authority (RDA) will assess the damage to roads and bridges, with a special team appointed for this task: Director General S.M.P. Suriyabandara stated that immediate action would be taken to repair the affected infrastructure, ensuring timely restoration of damaged roads and bridges to maintain safety and functionality.
  2. Opposition Leader Sajith Premadasa emphasised the need for unity across all differences to ensure justice for Palestinians: Speaking at the UN Day for Solidarity with the Palestinian People conference, he called for action, not just rhetoric, in support of Palestinian rights: Premadasa condemned state terrorism, urged global leaders to take decisive action, and advocated for peaceful coexistence between Israel and Palestine.
  3. Former President Ranil Wickremesinghe expressed support for the government’s economic programme in partnership with the IMF to strengthen Sri Lanka’s economy: Speaking at the opening of a new five-star hotel in Colombo, he praised the initiative: The event was attended by figures including Minister Vijitha Herath and Opposition Leader Sajith Premadasa, and marked a significant investment by a prominent gem businessman.
  4. Foreign Minister Vijitha Herath invited nine newly appointed Ambassadors and a High Commissioner to attend Sri Lanka’s Independence Day celebrations: The diplomats, who recently presented credentials to President Anura Kumara Dissanayake, expressed interest in strengthening diplomatic ties and enhancing economic and trade relations with Sri Lanka: The Minister agreed to review potential new agreements to support these initiatives.
  5. The Ministry of Finance, Planning and Economic Development announced a reduction in the Special Commodity Levy on imported big onions from Rs. 30 to Rs. 10 per kilo, effective until December 31, 2024: However, the levy on imported potatoes will remain unchanged at Rs. 60 per kilo: These changes were initially introduced in a gazette notification on October 2, 2024.
  6. Senior Economic Advisor Duminda Hulangamuwa stated that the new government is encouraging the private sector to lead economic development while retaining control over strategic public sectors: Discussing state-owned enterprise (SOE) restructuring, he emphasised a careful approach, analysing which SOEs burden the treasury: He also mentioned ongoing efforts to restructure SriLankan Airlines’ finances, ensuring the country’s priorities come first.
  7. The Vehicle Importers’ Association of Sri Lanka is confident that vehicle imports will resume in February 2025: During a press briefing, the association announced upcoming discussions with the President to ensure a smooth process: The President and the Central Bank of Sri Lanka have promised support, while the IMF has also granted approval for the resumption of imports.
  8. Prime Minister Dr. Harini Amarasuriya emphasised that combating the drug problem requires inspiring positive change in children and youth, not just relying on laws: Speaking at the 2024 All-Ceylon Art and Animation Video Competition, she highlighted the urgent need for a comprehensive program to address drug addiction and rehabilitation, alongside strong law enforcement efforts to combat drug trafficking.
  9. The Ceylon Electricity Board (CEB) will submit a revised electricity tariff proposal to the Public Utilities Commission of Sri Lanka (PUCSL) on December 6th: CEB spokesperson Eng. A.D.K. Parakramasinghe confirmed the report is nearly complete: Previously, the CEB proposed a 6-11% tariff reduction for the last quarter of 2024, but the PUCSL rejected it, requesting a revision for the first half of 2025.
  10. Sri Lanka dropped to 5th place in the WTC 2023-25 standings after a heavy 233-run defeat to South Africa in the first Test, with a points percentage of 50%: South Africa moved to 2nd place, with Marco Jansen’s match-winning figures of 11/86 earning him Player of the Match: India remains top, while South Africa trails with 59.26%.

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