- World Bank President David Malpass asks Sri Lanka to move quickly in debt restructuring process & access IMF Program: wants Sri Lanka to have a plan and execute it fast: warns WB will not offer new financing until macro-economic policy framework is in place: insists on “deep structural reforms that focus on economic stabilisation”.
- Japanese Finance Minister Shunichi Suzuki says Japan is prepared to “do its part” over Sri Lanka’s debt issue, provided other creditors like China and India are involved.
- President Ranil Wickremesinghe asserts Sri Lanka will shoulder an unprecedented fiscal effort to restore country’s debt sustainability: hopes creditors and stakeholders will support the efforts.
- Social Security Contribution Levy to be imposed at 2.5% on turnover of importers, manufacturers, service providers, wholesalers and retailers: effective from 1st October: threshold to be annual turnover of more than Rs.120 million.
- CCPI Inflation gallops to 69.8% in September from 64.3% in August 2022: Sri Lanka’s Central Bank yet to follow its Argentine counterpart which increased its benchmark interest rate to 75% as it’s inflation reached near 80% last week: Argentina is currently under an IMF programme.
- College of Medical Laboratory Science President Ravi Kumudesh says the National Hospital, Colombo has stopped most bio-chemical tests due to shortage of reagents: also says many patients are asked to get tests done in private labs, to which some senior officials are connected.
- President Ranil Wickremesinghe meets ADB President in Manila: proposes establishment of an International University on Climate Change in Sri Lanka.
- Colombo Mayor Rosy Senanayake allows Music Festival at Lotus Tower to go ahead after the name “Hellfire” was changed to “Fire”: Hellfire said to be the name of a satanic cult.
- Colombo District Court Judge Kalhari Liyanage orders team of doctors and nurses of the District General Hospital, Gampaha to pay Rs.30mn in compensation to a child for causing permanent disability by performing a natural delivery in 2012, even after being aware that the child’s umbilical cord was wrapped around her neck.
- Sri Lanka Legends Cricket tram beats West Indies Legends by 14 runs and qualify for the Finals with the Indian Legends, in the World Championship for Legends: Sri Lanka Legends 172/9, West Indies Legends 158/7.
