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)
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
The final rites of veteran broadcaster, writer, and lyricist Nirmala de Alwis will be held today at Peradeniya.
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