Sunday, April 14, 2024

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Sri Lanka Original Narrative Summary: 17/02

  1. President Ranil Wickremesinghe issues a directive to the Power and Energy Minister and the relevant CEB officials to implement the electricity tariff revision ensuring an uninterrupted power supply for the consumers, provide relief for low-income families and provide solar rooftop systems for religious places and state-run education bodies.
  2. President of Restaurant Owners’ Association and Consumer Rights Activist Asela Sampath says the price of a packet of rice, fried rice and kottu will soar by 10 per cent in order to maintain the restaurants and in response to the recent electricity tariff hike by 66 per cent; apologises to the people for the move; asserts the increase in food price is to protest against the tariff revisions.
  3. Kollupitiya Police seal the office of PUCSL Chief Janaka Ratnayake as ordered by the Fort Magistrate Court, based on information that his office is carrying out activities embarrassing the government.
  4. Former Election Commission Chairman and current Delimitation Committee Chairman Mahinda Deshapriya says despite the estimated Rs. 08 billion required for the upcoming LG Polls, 60 per cent of election cost ought to be paid only after the Polls; asserts the LG Polls can be conducted and concluded within a limit of Rs. 02 billion.
  5. Sea Leisure Yachting Group and the Board of Investment Sri Lanka hold discussion on marine tourism solutions to be implemented in Sri Lanka: SLYG Chief Pierre Pringiers meets with BOI counterpart Dinesh Weerakkody and discusses promoting marine leisure and yacht manufacturing and expanding businesses.
  6. China’s demand of forcing multilateral lenders to provide debt relief to Sri Lanka as part of a broader restructuring of debts is now at odds with other major creditors: Official sources lament with China yet to support Sri Lanka’s debt restructuring based on the debt sustainability analysis of the IMF and Paris Club, the deadline is nearing to secure a much-needed loan to revive from the economic meltdown: Analysts warn China’s demand is likely to further delay the debt restructuring process to unlock the IMF’s US $2.9 bailout package.
  7. Sri Lankan High Commissioner to India Milinda Moragoda says Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months: The move comes in as part of the island nation’s attempt to seek a way out of its economic crisis: Despite India’s US $4 billion assistance since last year, Sri Lanka is now seeking to enhance trade and investments as it moves to close a US $2.9 billion deal from the IMF.
  8. Ex Sri Lankan President Gotabaya Rajapaksa leaves for Myanmar on a private tour, following an invitation by several social activist organisations in the Buddhist country.
  9. The Colombo District Court orders popular Actor Ruchini Tanasha Hatharasingha to return the property given to her by her grandmother, who she was adopted by as a child, and pay her a compensation of Rs. 05 million and a monthly allowance of Rs. 30,000 until the property is legally handed over: Court concludes Hatharasingha had mistreated her grandmother.
  10. NPP/JVP Leader MP Anura Kumara Dissanayake accuses the President of unleashing a ‘psychological war’ to orchestrate public opinion that a country lacking money for medicines and surgeries cannot afford to hold an election; stresses the President’s shameless efforts to quash the LG Polls are ‘similar to the Easter Sunday Carnage,’ as the downfall in the Health Sector backed by the imperative to secure power also leads to fatalities.

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