- Indian External Affairs Minister Dr S Jaishankar says India has always extended support to the entirety of Sri Lanka which includes the Tamil, Sinhalese and all other communities.
- President Ranil Wickremesinghe says authority to revise electricity tariffs vests with Cabinet: also says Public Utilities Commission Chairman will be summoned before him: Energy Minister Kanchana Wijesekera says a proposal has been submitted to abolish the PUC: PUC Chairman Janaka Ratnayake says the PUC can’t be intimidated by the CEB to agree to price increases.
- SJB MP Champika Ranawaka says Govt’s plans to restructure CEB by dividing the CEB into 18 companies, would lead to disaster.
- CB Governor Weerasinghe urges businesses and public to desist from taking loans at high interest rates: says to negotiate at tates lower than current 30-35%: analysts say CB leading the way for high interest rates by issuing 3-month T-Bills at over 33%: thousands of businesses face closure and millions of jobs lost due to current interest rates prompted by CBSL actions.
- Elections Commission says notice will be issued in the last week of December 2022, calling nominations for Local Government Election.
- Budget 2023 presented to Parliament by President Ranil Wickremesinghe as the Minister of Finance passed with a majority of 43 votes: 123 vote in favour, and 80 against.
- President Ranil Wickremasinghe says Parliamentary Select Committee to be appointed by Parliament to look into those who led the economy to bankruptcy: former CB Governor Ajith Nivard Cabraal says he welcomes the move and had already requested the President on 5th Sept ’22 to appoint a high level Committee to look into the debt default.
- Chief Opposition Whip Lakshman Kiriella says those who contributed to the country’s bankruptcy will not be saved in the “after-life”: also says Govt is spending the left-over money since they are not paying any loans at the moment: adds giving aid from such money is not an economic victory.
- Bullish run at the CSE extends for 9th consecutive session: ASPI rises to a 2-month high to close at 8,892 points: day’s turnover at Rs 2.4 bn.
- National Building Research Organization warns the quality of air in the island has dropped to unhealthy levels: attributes reason as the influx of dust particles contaminating Sri Lanka’s air space through strong winds from India: air quality at 249 in Colombo: 291 in Kurunegala: 280 in Jaffna: and 214 in Kandy.
