Tuesday, April 16, 2024
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Sri Lanka Original Narrative Summary: 16/06

  1. LKR plummets further: crashes by a massive Rs.30.99 or 10.4% in just 8 days from Rs.297.94 on 06.06.2023 to Rs.328.93 by 15.06.2023: State Finance Minister Siyambalapitiya asserts the authorities are “managing well” and there is no need to worry, since the price of the dollar is decided by supply and demand: Forex market participants in a major panic.
  2. Department of Census and Statistics reports the economy contracted by a staggering 11.5% in the 1st Quarter 2023: Agriculture grew by 0.8%: Industries shrank by 23.4%: Services contracted by 5%: under CBSL Governor Weerasinghe, Sri Lanka’s last 4 quarter growth has been as follows: 2Q2022: -8.4%, 3Q2022: -11.8%, 4Q2022: -12.4%, and 1Q2023: -11.5%.
  3. Transport Minister Dr. Bandula Gunawardena laments no one gives loans now to Sri Lanka because of the non-payment of its loans: further laments that as the Transport Minister, he can’t lay asphalt on roads or make an anicut or repair a broken culvert or repair a collapsed bridge: complains that neither the ADB nor the World Bank gives even 5 cents.
  4. President Ranil Wickremesinghe & Public Security Minister Tiran Alles participate at the inaugural event at the Homagama Divisional Secretariat to accept online applications for passports at 51 Divisional Secretariats islandwide.
  5. Latest report issued by FAO/WFP Crop and Food Security Assessment Mission states that at least 3.9 million people or 17% of the population in SL is in moderate acute food insecurity.
  6. Attorney General informs Appeal Court that the CID is conducting investigations against Pastor Jerome Fernando under the Money Laundering Act.
  7. Supreme Court refuses to grant “Leave to Proceed” in 2 Fundamental Rights petitions filed against the restructuring of Sri Lanka Telecom.
  8. Secretary to the President Saman Ekanayake informs archaeological expert Ven. Dr. Ellawala Medhananda Thera that the land belonging to the historical Kurundi Viharaya in Mullaitivu is a Govt land and that no decision has been taken to distribute it to anyone: President Ranil Wickremesinghe refutes media reports claiming that he is going to settle a group of Tamil people within the land belonging to the Kurundi Viharaya in Mullaitivu.
  9. Sri Lankan Ambassador in Russia Janitha Liyanage says Sri Lanka has reached a deal with Russian Nuclear Giant Rosatom to build a nuclear power plant that may run two reactors and generate 300 megawatts of energy.
  10. Asian Cricket Council announces that the Asia Cup-2023 will be held from August 31 to September 17 & hosted in a hybrid model with 4 matches being held in Pakistan and the remaining 9 matches being played in Sri Lanka.

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