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Parliament sets up information counter for freshly elected MPs
The Secretary General of Parliament, Mrs. Kushani Rohanadheera announced that an information counter will be kept open today (19) and tomorrow (20) to assist freshly elected Members of Parliament with activities related to the first session of the Tenth Parliament. The counter will be operational from 9.30 a.m. to 3.30 p.m. at the Parliament complex….
Supreme Court Halts Deshabandu Tennakoon’s Appointment as IGP
On July 24, 2024, the Supreme Court of Sri Lanka issued a significant interim order regarding the contentious appointment of Deshabandu Tennakoon as Inspector General of Police (IGP). This decision came after a series of petitions challenged the constitutionality and appropriateness of his appointment by the President. The cases were initiated by eight organizations and…
Sri Lanka Gains International Support with Successful Debt Restructuring, Secures LKR 30 Billion from OPEC Fund for Mahaweli Water Security Investment Project
In a significant boost reflecting the international confidence in Sri Lanka’s economic reforms, the OPEC Fund has agreed to provide financial assistance of LKR 30 billion (USD 100 million) for the Mahaweli Water Security Investment Project. This support highlights the benefits of Sri Lanka’s successful debt restructuring efforts. State Minister of Finance Shehan Semasinghe announced…
CBSL forecasts economy to grow by 3% in 2024
The Central Bank expects the economy to grow by 3% this year as the benefits of the eased monetary policy stance and low inflation environment continue to be gradually channelled into the economy. The outlook comes on the back of the economy recording a positive performance in the second half of 2023 following six quarters…
Excise Tax Revenue Falls Short of Health Costs in Sri Lanka
Amaranath Thennakoon, Director of the Center for Drug and Alcohol Information, stated that people in Sri Lanka spend around 6 billion rupees daily on arrack and beer. He shared this information during a recent discussion with journalists at the Sarvodaya Institute in Kegalle. Dayarathna Bandara, reported this to Dinamina newspaper, highlighting the significant financial burden…
Supreme Court Orders Notices to Gotabaya Rajapaksa and Sunil Ratnayake to Testify in Landmark Case
Ajith Perakum Jayasinghe The Supreme Court of Sri Lanka issued a significant order on May 17, 2024, directing former President Gotabaya Rajapaksa and Army Sergeant Sunil Ratnayake to testify regarding the controversial presidential pardon granted to Ratnayake by the former President. This case, which involves the killing of eight civilians, including a small child, in…