- Last Update 2024-09-03 16:45:00
COL dispute in Cabinet again
For a second time, the weekly ministerial meeting last Tuesday discussed the rise in cost of living.The issue was raised by Minister Anura Priyadarshana Yapa. Unlike the earlier occasion, this time, the main Minister responsible, Rishad Bathiudeen was calm and listening. Joining the discussion with a remark was President Sirisena. He said Finance Ministry officials had told him that they were not being consulted when matters relating to the cost of living were discussed.
This prompted a query from Finance Minister Mangala Samaraweera. He asked the President for the identities of those who had complained.
Mr. Sirisena did not disclose the names but said that the Finance Ministry also should get more involved in issues that could help bring down the cost of living.
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- August 31, 2024 - 180 - 0
CPC reduces fuel prices
The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
- August 27, 2024 - 169 - 0
CBSL Governor warns reversal of reforms could trigger new crisis
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
- August 28, 2024 - 152 - 0
President opens Sri Lanka’s first LNG power plant
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
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