Sunday, June 4, 2023

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Sri Lanka Original Narrative Summary: 13/04

  1. Many analysts express shock about the Central Bank misleading the Sri Lankan public with blatantly false statements regarding local debt restructuring: CB Governor Nandalal Weerasinghe now confirms that the local debt of the Govt will also be re-structured, after consistently insisting for nearly one year that the local debt would not be re-structured.
  2. All liquor & wine shops islandwide to be closed on 13 & 14 April on account of the New Year.
  3. University lecturers call off their strike temporarily and rejoin academic activities from 17th April: nevertheless they assert that they will not participate in the GCE AL Exam evaluation.
  4. Sri Lanka Malay Assn expresses gratitude to PM Dinesh Gunawardena for re-naming “Slave Island” as “Kompanna Veediya” in English.
  5. IMF MD Kristalina Georgieva says the IMF will “support” Sri Lanka at this difficult time: also says it’s important for everyone to “come together to do their part to overcome the crisis”: analysts point out that although the IMF gave similar assurances to Argentina, after 1 year in an IMF programme, Argentina’s inflation is now over 100%, and it’s Central Bank’s policy interest rate is at a staggering 78%.
  6. Police initiate investigation into the “disappearance” of Rs.50 lakhs from the Central Bank vaults where bundles of cash placed inside a safe with high-security systems have gone missing.
  7. Welfare Benefits Board Chairman B Wijayaratne says the welfare benefit payments will be made to eligible individuals starting from June ’23: asserts applications from nearly 3.2 million households are now being verified.
  8. Several media reports emerge quoting SJB General Secretary Ranjith Madduma Bandara that SJB MP Rajitha Senaratne “has changed his mind” on crossing over to the Govt: MP Senaratne says his statements have been “misunderstood”.
  9. Sports Minister Roshan Ranasinghe’s Technical Committee headed by top Cricketer Sanath Jayasuriya to probe the reasons behind SL’s failure to win automatic qualification for the ODI World Cup to be held in India later this year.
  10. FIFA informs that the Football Federation of Sri Lanka’s Men’s team is not eligible to participate in the Men’s Olympic Football Tournament 2024, Asian qualifiers & AFC U23 Asian Cup Qatar 2024 qualifiers, due to it’s suspension.

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