Sunday, February 5, 2023

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Sri Lanka Original Narrative Summary: 17/01

  1. SJB Working Committee decides to field MP Mujibur Rahman as its Mayoral candidate for Colombo.
  2. Acute liquidity crisis severely impacts Govt finances: Treasury to settle Government servants’ monthly salaries in 2 instalments.
  3. SLFP to contest the Local Govt Elections in Northern & Eastern Provinces and in the Polonnaruwa District under the “Hand” symbol: it will contest the Districts of Colombo, Kurunegala and Monaragala under the “Helicopter” symbol.
  4. Fort Magistrate’s Court issues order preventing IUSF protestors entering Galle Face: Bauddhaloka Mawatha closed due to IUSF protest: tear gas and water cannons used by Police to disperse protestors at St. Anthony’s Road in Colpetty.
  5. President Ranil Wickremesinghe says he is aware of the hardships the people are going through: assures USD 2.9 bn would be received from the IMF in 3 or 4 instalments: adds there’s the capacity to obtain USD 5 bn from the World Bank, ADB, etc.
  6. Central Bank data shows Workers’ Remittances in 2022 was at a 12-year low: down by 31% to USD 3.8 bn in comparison to USD 5.5 bn in 2021: previous low was USD 4.1 bn in 2010.
  7. Paddy Mill Owners Assn President Mudith Perera says around 10 Small and Medium sized Paddy Mills close operations every month: adds they are unable to service their loans due to the highly excessive interest rates.
  8. Chairman of the Public Utilities Commission informs the Cabinet Secretary that the Commission is not approving the proposed revision of electricity tariffs: gives reasons.
  9. Sri Lanka Cricket directs the Manager of the National Cricket Team to submit a report pertaining to Sri Lanka’s heavy defeat against India at the 3rd Cricket ODI: report to be submitted within 5 days.
  10. The Special Committee Report on Sri Lanka’s participation at the ICC T20 Cricket World Cup, submitted to the Attorney General by the Sports Ministry Secretary: seeks advice on future course of action.

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