Monday, June 5, 2023

Latest Posts

Sri Lanka Original Narrative Summary: 29/04

  1. Russian Ambassador in SL – Levan Dzhagaryan says sanctions imposed by the US on SL’s former Navy Commander Wasantha Karannagoda are totally unacceptable: previously, US State Dept announced that Karannagoda, the current Governor of North Western Province, and his family are banned from entering the US over “violation of human rights”: SL Govt has also expressed grave concerns about the US action.
  2. Justice Minister Wijeyadasa Rajapakshe says the Govt will delay the tabling of the Anti-Terrorism Act in Parliament until broader consensus is reached.
  3. NPP Leader Anura Kumara Dissanayake claims there’s a connection between the IMF loan and the CB Governor Nandalal Weerasinghe’s decision to default on foreign debt: also says the decision to default had been taken
    even though money had been allocated from the budget: labels decision as “conspiratorial”: similar allegations against Governor Weerasinghe have been made by several MPs: reports show pipeline of inflows at the time of the sudden default announcement was a massive USD 10.7 billion.
  4. Shares at the CSE fall further: investors await more clarity on local debt restructuring: ASPI falls below 9000 to 8983.
  5. Dept of Census & Statistics says the Overall Rate of Inflation, as measured by CCPI dropped to 35.3% in Apr’23, compared to 50.3% in Mar’23: analysts allege the Census Dept arbitrarily changed it’s base for the calculation of the CCPI from Feb’23 onwards to reflect and report a lower CCPI.
  6. CB Annual Report 2022 states “stunting” and “wasting” among children under 5 years had increased to 9.2% and 10.1% in 2022, from 7.4% and 8.2% in 202
  7. SriLankan Airlines Chairman Ashok Pathirage says “privatization” of the airline would help as long as the right partner is found: Airline’s CEO Richard Nuttall says there is a need to reactivate the fleet and replace the aircraft with expiring leases.
  8. Committee on Parliamentary Business decide to take the Sri Lanka Central Bank Bill for debate (second reading) on 11th May.
  9. Parliament approves Sri Lanka’s Agreement with the IMF with 120 voting for and 25 against: 80 MPs abstain: strong IMF & Default proponent Harsha de Silva, and SJB MPs walk out at voting time: former President Mahinda Rajapaksa votes for: MPs G L Pieris, Wimal Weerawansa, Vasudeva Nanayakkara vote against: Namal Rajapaksa not present.
  10. SL win 2nd Cricket Test against Ireland by an innings & 10 runs: SL – 704/3d (Kusal Mendis 245, Nishan Madushka 205, Dimuth Karunaratne 115, Angelo Mathews 100*) IRE – 492 & 202: SL win series 2-0: Prabath Jayasuriya becomes fastest in the world to take 50 Test wickets as a spinner and fastest SL bowler to take 50 Test wickets.

Latest Posts


Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.