With the intention of attracting foreign currency in the hands of the public into the formal banking system, the Minister of Finance has ordered to reduce the amount of foreign currency retained in possession by a person in, or resident in, Sri Lanka from USD 15,000 to USD 10,000 or its equivalent in other foreign currencies.
Sri Lanka’s average monthly household income was estimated at Rs. 76,414 prior to the country’s economy fell deep into a recession and incomes deteriorated in the two years of the pandemic in 2020 and 2021, according to Department of Census and Statistics (DCS) data.
In a move to push for the 21st amendment to be accepted by the party leaders today, Prime Minister Ranil Wickremesinghe will lobby for it at the party leaders’ meeting at 3.30 pm today in order to reduce the powers of the President and also remove dual citizens from holding a parliamentary seat, which in turn will end Basil Rajapaksa’s political career in Sri Lanka.
Prime Minister Ranil Wickremesinghe, on Monday said the next couple of months will be the most difficult ones in the lives of all citizens and the country must prepare to make some sacrifices and face the challenges of this period.
A few more Cabinet ministers of the new government are slated to be sworn in this evening , Daily Mirror learns . President Gotabaya Rajapaksa is planning for the appointment of 18 ministers in addition to himself and Prime Minister Ranil Wickremesinghe who will retain some portfolios. Besides ,there will be 30 state ministers.
Archbishop of Colombo Cardinal Malcolm Ranjith today questioned as to whether the recommendations made by the Presidential Commission which probed Easter Sunday attacks is delayed because the secrets behind the attack will come up as a result of such an exercise.
A group of protestors at the Galle Face area now re-named as the ’Gota Go Gama’ have written to Prime Minister Mahinda Rajapaksa, declining his invitation for a meeting, but have put forward two demands saying the President must resign and all Rajapaksa members must leave the government.
The use of US $ 1 billion Indian credit line for the release of around 1500 containers of essential food commodities already imported from India and stuck at the port has been hampered since some of the shippers are not ready to accept payment in Indian rupees, a spokesman said.
Amidst rising reports that a national government was being discussed between the Rajapaksa brothers and UNP Leader Ranil Wickremesinghe which would see President Gotabaya Rajapaksa as head of state and Wickremesinghe as the new Prime Minister, Prime Minister Mahinda Rajapaksa yesterday firmly denied these reports saying such a matter was not discussed with the UNP.
The Lanka Private Bus Owners’ Association (LPBOA)and the Inter Provincial Private Bus Owners’ Association (IPPBOA) today claimed that they will go for a bus fare increase if the Ceylon Petroleum Corporation (CPC) increases their diesel prices.
Fonterra to proceed with sale process for Consumer businesses
BOI signs US$ 12.16mn deal with Celogen Lanka
Nissan to lay off thousands of workers as sales drop
EU Ambassador meets new BOI Chief to discuss economic ties
SLCERT warns WhatsApp users against sharing OTPs to prevent hacking
EC gets tough with filming polling-related activities
Police, military on high alert for today’s General Election