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Dr. Nandalal among Global Finance Magazine’s top 21 Central Bank Governors

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Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, has been named amongst the 21 Bank Governors listed in the Global Finance Magazine’s Central Banker Report Cards for the year 2023.

Accordingly, Dr. Weerasinghe was amongst the 10 governors who earned an ‘A-’ grade.

On 23 August, the Global Finance Magazine released the names of the Central Bank Governors who earned either A+, A or A- grades as part of the Central Bank Reporter Cards 2023.

Accordingly, India’s Shri Shaktikanta Das, and Thomas. J. Jordan from Switzerland along with Nguyen Thi Hong from Vietnam topped the list, being the only three governors to earn an A+ grade, while Bank Governors from Brazil, Israel, Mauritius, New Zealand, Paraguay, Peru, Taiwan and Uruguay were ranked with an A grade.

Meanwhile, Dr. Weerasinghe was accompanied by the Bank Governors of Colombia, the Dominican Republic, Iceland, Indonesia, Mexico, Morocco, Norway, South Africa and South Korea in the list of those governors who earned an A- grade.

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries, territories and districts, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.

Grades are based on a scale from A to F for success in inflation control, economic growth goals, currency stability and interest rate management. (An “A” represents an excellent performance down through an “F” for outright failure.)

“Fighting inflation, which has been fueled by pent-up demand and disrupted supply chains, has everyone turning to their central bankers for help,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards celebrate those bank governors whose strategies outperformed their peers through originality, creativity and tenacity.”

Source – Global Finance Magazine

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Names of Mayors and Chairpersons of several LG bodies gazetted

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A gazette extraordinary has been issued containing the names of Mayors, Deputy Mayors, Chairpersons, and Vice-Chairpersons of several local government institutions.

The names have been gazetted based on recommendations sent to the National Election by political parties and independents groups that secured a majority in local government bodies at the recently concluded Local Government (LG) election.    

Accordingly, the Election Commission has taken steps to publish the names from among the political parties and independent groups that secured a majority at the Local Government election held recently.

The names of the elected and nominated members for the respective local authorities, following the Local Government election were also published in the government gazette based on the respective administrative districts.

As per the gazette notification issued by the Minister of Public Administration, Provincial Councils, and Local Government on February 17, 2025, the term of office of local government bodies is scheduled to commence on June 2, 2025

පළාත් පාලන ආයතනවල සභාපතිවරුන්ගේ නම් ඇතුළත් ගැසට් පත්‍රය නිකුත් කෙරේ by poornima

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Weather Alert: Showers to ease in Southwest, strong winds forecast in North

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Prevailing showery condition in the southwestern part of the island is expected to reduced gradually from today (01st)

Showers or thundershowers will occur at times in Western, Sabaragamuwa, Central and North-western provinces and in Galle and Matara districts.

Showers or thundershowers may occur at a few places in Uva province and in Ampara and Batticaloa districts during the afternoon or night.

Fairly strong winds of about (30-40) kmph can be expected at times over Western slopes of the central hills and in Northern, North-central and North-western provinces and in Hambantota and Trincomalee districts.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

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Aluthgamage and Fernando assigned printing work in prison

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Former Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando, sentenced this week to jail for 20 and 25 years, respectively, have been assigned duties in the printing section at the Welikada prison, sources said.

Both of them are being held together away from the main section of the prison’s ‘chapel’ section, where prisoners serving life sentences and those convicted of murder and rape are held. The prison’s printing section prints its own documentation.

Prison sources said that in placing them in relevant wards to serve their jail term, the authorities had taken into consideration the security of the two convicts, as they might have had political enemies.

Mr Aluthgamage was handed a 20-year term of rigorous imprisonment, while Mr Fernando was given a 25-year term of rigorous imprisonment by a High Court trial-at-bar after being found guilty of causing a Rs 53 million loss to the state.

They were accused of importing carrom boards and checkers boards through Sathosa during the 2015 presidential elections and distributing them to clubs.

Their lawyers said yesterday they were awaiting the certified copy of the judgement to prepare the appeal papers. The appeal will be considered by the Supreme Court.

(sundaytimes.lk)
(This story, originally published by sundaytimes.lk has not been edited by SLM staff)

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