Wednesday, March 29, 2023

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Sri Lanka Original Narrative Summary: 01/02

  1. Gazette issued on conduct of LG elections on 9th March 2023: 80,720 candidates from 58 registered political parties & 329 independent groups to contest for 339 local bodies.
  2. President Ranil Wickremasinghe says Govt revenue for January 2023 is far below the monthly expenditure estimates: laments Treasury finds it challenging to meet current expenditure, except payments for salaries, pensions, welfare, pharmaceuticals and debt servicing: instructs further curtailment of expenditure.
  3. President Ranil Wickremesinghe instructs public officers to refrain from obtaining goods & services on credit: warns any officer who violates this order will be held personally responsible for such expenditure.
  4. Former President Maithripala Sirisena says he will contest for the next Presidential Election: apologizes to Catholics about the Easter Sunday bomb blast.
  5. Fr. Jude Chryshantha, National Catholic Director for Social Communication says the Catholic Church does not accept the apology of former President Maithripala Sirisena over the Easter Sunday Terror Attacks.
  6. Police arrest couple who took photos while standing near the main podium for invited guests that is being built for the National Independence Day celebrations to be held on 4th February at Galle Face Green.
  7. Colombo Chief Magistrate releases IUSF Convenor Wasantha Mudalige who was remanded on charges under the Prevention of Terrorism Act: says Police has misused PTA by providing statements with the intention of keeping Mudalige in prolonged remand custody.
  8. Rate of inflation as per the CCPI falls to 54.2% in January 2023 on an YOY basis, compared to 57.2% in December 2022. Food inflation also down to 60.1% in January 2023 from 64.4% in December 2022.
  9. SLPP MP, COPE Chairman and newly emerging SLPP Economic Guru Professor Ranjith Bandara questions how a group of people who could not even run a Local Government office can take power and rule the country.
  10. Central Bank says earnings from exports in 2022 surpassed USD 13 bn for the first time, recording increase of 4.9% from the previous highest recorded in 2021: also says import expenditure in 2022 amounted to USD 18.3 bn, recording decline of 11.4% YOY, due to restrictions on non-urgent imports and forex liquidity constraints: reports the trade deficit narrowed to it’s lowest since 2010 to USD 5.2 bn from USD 8.1 bn in 2021.

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