News

Another economic crisis by September?

Published

2 months ago

July 21, 2023

editor

The country could face another economic crisis in September due to the delay in implementing the conditions of the International Monetary Fund (IMF), Professor Aminda Methsila Perera of the Financial Management and Accountancy Department at the Wayamba University said.

He expressed these views while attending a news briefing held by the People’s Collective for Economic Justice in Colombo.

He said that although 39 per cent of the IMF conditions should be fulfilled by May, the government has fulfilled only 10 per cent.

Meanwhile, Acting Investment Promotion Minister Dilum Amunugama said the Board of Investment has received USD 211 million in investments in the first quarter of this year.

News

Landslide warnings extended

Published

8 hours ago

September 30, 2023

editor

The Department of Irrigation says that the water levels in the Kelani River and Attanagalu Oya are rising to levels that requires attention.

Director of the Hydrology and Disaster Management Division of the Irrigation Department S. P. C. Sugeeshwara says that the Gin, Nilwala and Kalu Ganga remain at the flood level.

Many roads in the vicinity of the rivers have been inundated.

S. P. C Sugeeshwara warns that people should refrain from further using the rivers.

The landslide warnings issued to seven districts have also been extended, due to the prevailing weather conditions.

The Met Department predicts that the heavy showers in the South West will continue.

Heavy showers of about 75 mm can be expected in some areas.

News

“SLPP Leadership can change if needed”

Published

10 hours ago

September 30, 2023

editor

Former President Mahinda Rajapaska yesterday said that there should be a change in the leadership of Sri Lanka Podujana Peramuna (SLPP), if the need arises.

When the former President was asked about the veracity of the news on social media about imminent change of the SLPP leadership, said that he is not aware of any change in the leadership.

The President was speaking to the media after calling on Mahanayake Thera of the Rammanya Maha Nikaya Most Ven. Makulewe Sri Wimala Thera at the Vidyawasa Pirivena in Meerigama yesterday.

Commenting on the impending regulations on social media, the former President said that there are pros and cons in the social media. “I don’t have any issue with the social media,” he said.

Former President Mahinda Rajapaksa also visited the Sacred Kelaniya Rajamaha Viharaya and participated in religious activities. The Former President also met Chief incumbent of the Kelaniya Rajamaha Viharaya Ven. Kollupitiye Mahinda Sangharakkitha Thera and received his blessings.

Speaking to the media on the occasion, the former President said that he is physically fit despite social media reports to the contrary.

(dailynews.lk)