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SRI LANKA ORIGINAL NARRATIVE SUMMARY: 26/10

  1. US Ambassador to Sri Lanka Julie Chung says Deputy Asstistant Secretary of the US Treasury for Asia, Robert Kaproth has arrived in Sri Lanka: also says he is due to meet government and economic leaders to discuss the “way forward on economic recovery for Sri Lanka”.
  2. Swiss leisure airline – Edelweiss, French flag carrier – Air France, Netherlands flag carrier – Royal Dutch Airlines, and Russia’s largest charter airline – Azur Air to resume services to Colombo from the 1st week of November.
  3. SLPP rebel MP Professor Channa Jayasumana says Speaker Mahinda Yapa Abeywardena should take measures to remove all dual citizens from Parliament: asserts that nearly a dozen dual citizens remain in Parliament.
  4. Elections Commission Chairman Nimal Punchihewa says any decision regarding MPs who are said to be dual citizens, should be taken through a judicial process: also says the matter is beyond the scope of the EC.
  5. President Ranil Wickremesinghe grants a pardon to 8 ex-LTTE prisoners: 3 of them were convicted of attempting to assassinate former President Chandrika Kumaranatunga who has expressed her consent for their release.
  6. CB Governor Dr. Weerasinghe says the IMF remains the “only path” for Sri Lanka to emerge from the economic crisis, as no one else is ready to bail out the country after the debt default announced in April; data shows that planned Forex inflows of at least USD 10.7 bn were ignored when the sovereign default without Parliamentary approval, was hurriedly announced by the CB Governor and Treasury Secretary.
  7. Merchandise exports increases by 5.75% y-o-y to USD 1,094 mn in September 2022: USD10 bn recorded for merchandise exports in first 9 months of 2022.
  8. CBSL survey shows 57.9% of Sri Lanka’s adult population is financially literate: 55.2% – women: 61.1% – men.
  9. Minister Kanchana Wijesekara says two-tier current tariff rate for Solar roof top electricity of Rs.22 & Rs.15.50 will be revised: new rate to be to Rs.37 for less than 500KW and Rs.34.50 for above 500KW, for 20 years.
  10. Australia beat Sri Lanka by 7 wickets in the ICC Men’s T20 World Cup 2022: Sri Lanka – 157/6 (20): Australia – 158/3 (16.3).

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