Wednesday, May 14, 2025
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Sri Lanka Original Narrative Summary: 31/10

  1. President Ranil Wickremesinghe says salaries of State Sector employees will be increased via the Budget 2024 and that the Private Sector too will be requested to do the same.
  2. Minister of Power & Energy Kanchana Wijesekera says the proposed Electricity sector Reforms Bill was submitted for Cabinet approval.
  3. State Minister of Finance Shehan Semasinghe says “Aswesuma” applicants who were not selected for the benefit due to technical & management issues will be screened again during “Aswesuma Week” from November 6 – 12 & eligible persons will receive the benefits, effective from July’23: also says “Aswesuma” payments for August’23 will be credited to the beneficiary accounts on November 1 & the allowance for September’23 will also be credited during November’23.
  4. Former CB Deputy Governor W A Wijewardene points out to analyst Dhananath Fernando’s view that SL still does not have sufficient forex to meet its requirements and that when it starts to repay debt after re-structuring, the forex outflow will be more than the limited availability of inflows: explains the implication of that situation is that the exchange rate might start crashing at any time.
  5. Maligakanda Magistrate imposes a foreign travel ban on the owner of the company which has been accused of importing 22,500 substandard immunoglobulin vials: also imposes a travel ban on the 2 top Govt employees who approved the importation.
  6. Sri Lanka’s debt office rejects all bids at an auction for the sale of Rs.45 bn Treasury Bonds comprising of Rs.22.5 bn of 2028 maturity & Rs.22.5 bn of 2031 maturity: market participants say the sentiment is negative.
  7. Jaffna’s Blood Bank informs that it is facing a severe shortage of all blood types & that the shortage is significantly affecting the hospital’s ability to conduct scheduled surgeries.
  8. SL Railways says several office trains which were scheduled for the evening of 30 October were cancelled due to the shortage of railway guards.
  9. Sri Lanka loses to Afghanistan by 7 wickets in the ICC World Cup 2023 group level match: SL – 241 (49.3 overs): Pathum Nissanka 46, Kusal Mendis 39, Sadeera Samarawickrama 36; AFG – 242/3 (45.2 overs): Dilshan Madushanka 48/2).
  10. Percy Abeysekera 87, who led the cheers for the Sri Lanka cricket team for many years, passes away.

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