- CPC says Fuel prices have been revised from today: Petrol 92 down by Rs.9 per litre to Rs.356: Petrol 95 up by Rs.3 to Rs.423: Auto Diesel up by Rs.5 to Rs.356: Super Diesel up by Rs.10 to Rs.431: Kerosene up by Rs.7 to Rs.249: LIOC to also match the revised prices of the CPC.
- Cabinet Spokesman Minister Bandula Gunawardana says the Cabinet has approved the increase of the Value Added Tax to 18% from 1st January’24 onwards
- Former IMF staffer and President’s Debt Advisor Dr Sharmini Coorey says the IMF should be “a lot tougher” on SL’s structural reforms: also says the IMF must protect debtor countries “more strongly”: laments the IMF took 6 months after finalizing the Programme with SL to disburse the funds, and that such delay was “very painful for SL”.
- A US-backed Think-tank alleges the Govt’s transparency & accountability have taken a turn for the worse over the past year: says the country will be setting itself up for failure if it doesn’t address these issues.
- Court of Appeal in a split decision of a 3-Judge Bench dismisses the Writ petition that was filed seeking an order abolishing the Parliamentary seat of State Minister Diana Gamage.
- The 5-member Experts’ Committee of Judicial Medical Officers submits its report on the post-mortems of Dinesh Schafter to Colombo Additional Magistrate’s Court: Court to announce its decision today.
- Dept of Census & Statistics says the rate of Inflation measured by CCPI on a YoY basis increased to 1.5% in October’23 from 1.3% in September’23; Food inflation unchanged at -5.2% in October’23 as in September’23; Non food inflation increased to 4.9% in October’23 from 4.7% in September’23.
- Representatives from WB, ADB, IMF, AIIB, IFCA, MIGA, JICA, USAID, EU, & UN meet with President, PM & Govt Officials to discuss the Govt’s reform programmes: discussion aimed at moving from crisis to recovery & sustainable growth.
- Cabinet grants approval for the proposal to revise the Electricity Tariff every 3 months: Minister of Power and Energy Kanchana Wijesekera says the next electricity tariff revision will be done on 1st April’24.
- Govt invites bids for the sale of state-run carrier SriLankan Airlines in keeping with its commitments to obtain the USD 2.9 bn loan facility from the IMF over 4 years.
