- IMF expresses “deep concern” about current situation in Sri Lanka: says it hopes to “work fast” to end suffering of the country’s poor: it’s now over 7 months from the time Sri Lanka initially sought IMF help, but no funds received yet from IMF or any other bi-lateral source.
- Inter Company Employees Union President Wasantha Samarasinghe says the EPF is continuing to recklessly invest in Sri Lankan government securities even after the sovereign default on 12th April 2022, and the credit rating downgrade to “D”: demands such investments be stopped immediately.
- Uttara Lanka Sabagaya leader & former Minister Wimal Weerawansa says CB Governor Dr Nandalal Weerasinghe is suffering from a huge “conflict of interest” as he receives a massive pension from the IMF: also questions the legality of the “debt default” as it has not received the necessary approvals.
- Sri Lankan author Shehan Karunathilake wins the prestigious Booker Prize 2022 for his novel “The seven moons of Maali Almeida”, a supernatural satire set amidst the Sri Lankan “civil war”: receives award from the Queen Consort.
- President Ranil Wickremesinghe states he has discussed Sri Lanka’s “debt restructuring” with Chinese Finance Minister and is “optimistic” of success.
- Analysts say more companies are setting up businesses outside due to looming corporate tax hikes: since 2020, many politicians, businessmen and analysts have expressed concerns that government revenue has reduced, and demanded that tax revenue be increased.
- Sri Lanka’s tourism earnings in September drop for the 2nd consecutive month due to weaker arrivals: cumulative 9-month earnings amount to USD 946 mn only.
- Sri Lanka ranks 64th out of 121 countries in the Global Hunger Index 2022: with a GHI score of 13.6, the level of hunger is “moderate”.
- Sri Lankan High Commissioner in India and founder of “Pathfinder” Foundation Milinda Moragoda says any security threat to India is also a security threat to Sri Lanka: says the strategically located country is exploring “trilateral cooperation opportunities with Japan, Israel and UAE”, together with India.
- Prices of Petrol 92 reduced by Rs 40 per litre & Auto Diesel by Rs 15: new price of Petrol 92 will be Rs 370 per litre & Auto Diesel Rs 415.
