BIZ
People’s Bank issues clarification
In a statement, People’s Bank has clarified that they have not received any direct or indirect requests or instructions from any state institution to close their accouts with the bank.
Previously, the state owned ‘Dinamina’ newspaper had reported that heads of government institutions have informed the Ministry of Finance that they will immediately move their existing accounts at the People’s Bank to other banks.
The media release issued by People’s Bank today (17), is as follows :
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Accordingly, the prices of cigarettes have been increased under 4 categories by Rs. 05 and Rs. 10 per stick.
Meanwhile, prices of liquor have also been increased by approximately 6% following the hike in Excise Duty imposed on liquor with effect from today (Jan. 11).
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