Sri Lanka’s Central Bank (CB) has been ‘headless’ for than 10 days but the wait might be over this week, officials said.
On Tuesday, the gazette notification listing departments and institutions coming under the new ministries was issued. Under that, the CB comes under the Prime Minister Ranil Wickremesinghe’s portfolio which included policy and economic planning.
Policy Development and Economic Affairs Deputy Minister Harsha de Silva said with the subjects being finalized, the CB appointment will be speeded up with Arjuna Mahendran being appointed as the new Governor.
Among other key institutions coming under this ministry are – Securities and Exchange Commission (SEC), National Insurance Trust Board, EPF and ETF departments via the CB, National Planning and External Resources Departments (which earlier came under the Finance Ministry) and Public Utilities Commission. – ENDS -
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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