Saturday, June 15, 2024

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Sri Lanka Original Narrative Summary: 27/01

  1. Constitutional Council decides to call applications from interested and qualified persons to be appointed as Members of the Independent Commissions.
  2. State Minister of Finance Ranjith Siyambalapitiya says discussion with Dr Krishnamurthy Subramanian, IMF Executive Director for India, Sri Lanka, Bangladesh and Bhutan, was successful: adds Sri Lanka will receive the 1st tranche of the IMF’s Extended Fund Facility soon.
  3. Japanese Vice Finance Minister for International Affairs says Japan is coordinating with Paris Club and IMF to ensure participation of non-Paris Club members such as China & India to address SL’s debt crisis: UK also reiterates it is ready to consider financing assurances for SL to secure the facility from the IMF.
  4. Colombo High Court acquits MP Dr Nalaka Godahewa and 2 others over a public property case.
  5. Human Rights Commission says Ministry of Power, PUC, CEB & CPC agreed to provide uninterrupted power supply during the GCE A/L exam period: PUC says it has not given approval to the CEB to implement power cuts from 26Jan to 17Feb: CEB says it is struggling to find funds for that purpose.
  6. Police Computer Crimes Division says an activist of the struggle (Aragalaya) was arrested for posting a comment on Facebook that would create public unrest.
  7. US investor Hindenburg Research alleges Indian billionaire Gautam Adani (worth USD 125 bn) who has his businesses in several countries including investments in Sri Lanka’s wind and renewable energy sector, controls a web of offshore shell accounts to carry out corruption, money laundering and taxpayer theft: Adani Group denies the claims and expresses shock.
  8. Finance State Minister Ranjith Siambalapitiya says USD 2,500 mn has been saved after imports of certain goods were restricted: also says there is now no shortage of essentials such as fuel, medicines and fertilizer, as a result.
  9. Japanese Ambassador to Sri Lanka, Mizukoshi Hideaki says the Sri Lankan govt should implement reforms to curb corruption: also says major creditors to Sri Lanka, such as China, India, & Japan have spelt out positive sentiments towards debt re-structuring: asserts Sri Lanka should speed up program to reform SOEs.
  10. Convenor of the Federation of National Organisations, Dr Gunadasa Amarasekara asks US Ambassador Julie Chung not to create an anti-China frenzy by claiming that China is behind the delay in Sri Lanka’s debt structuring process: says Chung is trying to mislead people and create animosity between Sri Lanka and China: also says the US has meddled in Sri Lanka’s internal affairs in the past.

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