The prices of school bags and shoes manufactured here will be reduced by 10 percent, State Minister of Finance Ranjith Siyambalapitiya said.
He said price reductions will come into effect from July 15.
The Minister said local manufacturers have agreed to reduce prices of bags and shoes by Rs. 350 to 450 and will consider further reductions if the rupee continues to appreciate against the US dollar.
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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.
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The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
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