As Finance Minister Basil Rajapaksa declared earlier, Budget 2022 was presented in the backdrop of an economy in serious decline, with a bleak future ahead and international credit agencies issuing warnings that Sri Lanka is on the ‘ticking bomb’ path towards default in-servicing on its overseas loans.
(For details please read the Sunday Times: https://www.sundaytimes.lk/211114/columns/weary-finance-minister-presents-budget-amidst-ticking-bombon-foreign-loans-462017.html)
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The National People’s Power (NPP) won the Elpitiya Pradeshiya Sabha election by returning 15members from a total of 30 representatives in the council, today.
The Sri Lanka Railways would resume services in the northern line track tomorrow by initially running two trains.
A housemaid who stole a pilot’s baggage at the Bandaranaike International Airport was arrested within three hours after the robbery today, Police said.
The Palali-Achchuveli main road in the Northern Province was reopened today (Nov 01) after being closed for over 30 years, following a directive from President Anura Kumara Dissanayake.
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