- President Ranil Wickremesinghe visits India on a 2-day official tour: due to meet Indian President Smt. Droupadi Murmu: also will meet PM Narendra Modi & other dignitaries to enhance bilateral relations & explore mutual interests.
- LKR breaks the Rs.330 per USD barrier and ends at Rs.330.29: down a massive Rs.33.06 or 11.1% from 297.23 per USD on 1st June 2023: T-Bill interest rates escalate in the last 2 weeks: 3-month T-Bills up from 17.79% to 19.99%: 6-month T-Bills up from 15.93% to 17.77%: 12-months T-Bills up from 13.86% to 14.35%.
- Govt pays a massive Interest for both domestic and foreign debt which is equivalent to Revenue during the first 4 months of this year: Revenue in the first 4 months of 2023 was Rs.821 bn, whereas the Interest expenditure was Rs.818 bn for the same period: Central Bank’s policy measures on 8th April 2022 led to the almost tripling of local interest rates.
- Second reading of the Central Bank of Sri Lanka Bill passed in Parliament with 66 voting for and 24 against: third reading passed without a vote.
- Acting Minister of Investment Promotion, Dilum Amunugama says the total of Foreign Direct Investments in Sri Lanka in 2022 was USD 1.75 bn: FDIs for Q1 of 2023 amounted to USD 211 mn.
- The ASPI of the Colombo Stock Exchange closes at 11,027 points after gaining 99 points (0.91%); S&P SL20 index also gains 21 points (0.65%) to close at 3,205: turnover Rs.4.17 bn.
- SJB Leader Sajith Premadasa claims that Cesarean surgeries at the Kalutara Teaching Hospital have been halted due to the lack of an anaesthetic drug:
questions whether the reason for the lack of this medicine was due to a lack of money or the inefficiency of the Govt. - Merrill J Fernando, the visionary founder of Dilmah Tea, the world renowned SL tea brand, passes away at the age of 93.
- SriLanka Telecom Chairman Rohan Fernando says the Board of Directors of SLT has removed him from the post of Chairman.
- Pakistan beats Sri Lanka by 4 wickets in the first Cricket Test at Galle: lead the series 1-0: Sri Lanka – 312 & 279: Pakistan – 461 & 133/6.
