Sri Lanka’s Central Bank is set to release its 2015 annual report at a media briefing later on Tuesday (at 5 pm) which would include GDP growth figures and other data.
In a notice to the media, the bank said it was presenting highlights of its yet-to-be released 2015 annual report at Tuesday’s briefing which was earlier intended to announce the monetary policy review for April.
Today’s announcements come in a backdrop of a crisis emerging in the balance of payments, pressure on the Sri Lanka Rupee and inadequate revenue pay for state spending. On Friday night, the Ministry of Finance announced drastic measures ordering exporters to bring back their proceeds by May 1 (in the case of exports done before April 1) and in 90 days for exports executed after April 1. The new rules cancel a 1993 regulation which freed exporters from bringing their money back. – ENDS -
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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