Tuesday, February 7, 2023

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Sri Lanka Original Narrative Summary: 07/11

  1. President Ranil Wickremesinghe meets UN Secretary-General Antonio Guterres in Egypt: briefs him on Government’s plans on National Environment Policy: due to address UN COP 27 World Conference on Climate Change in Sharm-El-Shiek on 8th November.
  2. CB data shows Rs.366.4 bn (91.3%) of total T-Bills of Rs.401.4 bn issued in last 6 auctions were for 3-mths duration: analysts express concern over possible unmanageable “bunching” in near future: fear that such vulnerability would lead to inevitable sharp spike in interest rates or local debt default.
  3. Sri Lanka’s most famous singer-songwriter-rapper Yohani shifts base to Mumbai: focuses on Bollywood: starts to learn Hindi.
  4. Navy conducts special operation in seas North of Talaimannar to chase Indian poaching trawlers within Sri Lanka’s waters: apprehends 2 trawlers with 15 Indian fishermen.
  5. Energy Minister Kanchana Wijesekara says the weekly fuel quota of 5 litres for 3-wheelers on National Fuel Pass will be increased to 10: increase applicable only to full time 3-wheeler taxis in the Western Province, and registered online with the authorities.
  6. Minister Bandula Gunawardena begins discussions to transform the Railway Department into an Authority: intention to provide the best possible benefits to commuters: conversion to be done after careful study of proposals of Railway officials, trade unions and employees.
  7. Statue of former Minister D A Rajapaksa that was toppled during the May-9 mob violence, re-erected and unveiled at commemoration ceremony in Tangalle: former President Mahinda Rajapaksa, PM Dinesh Gunawardena and Speaker Mahinda Yapa Abeywardene attend the event
  8. Oil tanker with 99,000MT of crude oil valued at approximately USD 80 mn still remains off the West coast of Sri Lanka for nearly 45 days: awaits payment from Central Bank to unload: Trade Union Leader Ananda Palitha claims such tanker vessels normally charge USD 150,000 per day in demurrage.
  9. Around 50 inmates escape following a clash between two groups at the Kandakadu Treatment and Rehabilitation Centre in Polonnaruwa: joint search operation by the Army and the Police underway.
  10. Top Sri Lanka cricketer Danushka Gunathilaka arrested by Sydney Police for an alleged “sexual assault” incident: the complainant is a woman 29, who had been introduced via a “dating” website.

Note: Cardinal Ranjith has subsequently said that he has been “misquoted” by the relevant newspaper yesterday re. his comment on the IMF.

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