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SL ranked 11 among most miserable countries



Sri Lanka has been ranked as the 11th most miserable country in the Annual Misery Index (HAMI) 2022 compiled by Economist Steve Hanke.

The index provided rankings for a total of 157 countries. Zimbabwe has been ranked as the ‘most miserable country’ in the Index.

Zimbabwe, Venezuela, Syria, Lebanon, Sudan, Argentina, Yemen, Ukraine, Cuba and Turkey are the 10 most miserable countries.

Sri Lanka is ranked 11th due to high inflation.

The index is the sum of the year-end unemployment, inflation, and bank-lending rates, minus the annual percentage change in real GDP per capita.

According to the index, unemployment in Sri Lanka in 2022 was at 6.5 percent and inflation had exceeded 57 percent.

The report said that the GDP per capita showed a negative growth of -9.3.

The bank lending rate in Sri Lanka was over 20 per cent.

Sri Lanka has a score of 99.63 in the classification of the world’s most miserable countries.

India is also on the list

India is at the 103rd place among the 157 most miserable countries due to high unemployment.

Switzerland has been named as the least miserable country followed by Kuwait, Ireland, Japan, Malaysia, Taiwan, Niger, Thailand, Togo and Malta.

Finland, which has been named as the world’s happiest country 6 times in a row, is ranked 109th in this index.

The USA was ranked at 134th.


Senior female cops stuck in same post for years




A statement from the Parliament of Sri Lanka has revealed that there has been injustice to police officers in the promotion of the Sri Lanka Police Service.

This was revealed when the ‘Select Committee of Parliament to look into and report to Parliament its recommendations to ensure gender equity and equality with special emphasis on looking into gender based discriminations and violations of women’s rights in Sri Lanka’ met in parliament recently, it added on Facebook.

MP Dr. Sudarshini Fernandopulle is the chairperson of this Select Committee.

It had been  disclosed that there are 92 female chief inspectors who have completed twenty-six years of service and completed four years in the position of chief police inspector, but no specific system or vacancies have been identified regarding their promotion.

The statement added that the method of recruitment of these female officers, and the salary level is the same as the male officers and the training is done together in the same training school without any difference, the deployment after the training is done in the same way without any difference, while the  the method of retirement is also the same.

However, aggrieved police officers pointed out that there is no problem related to promotions to male officers, and only female officers have issues related to vacant positions.

The Parliament of Sri Lanka said that during the committee session it was disclosed that a remedy for this issue not been prepared so far, and for that reason, female officers have to stay in the same position for a long time while male officers with less seniority are promoted.

Furthermore, to avoid this situation of concern, since more than 15% of the Sri Lanka Police are female officers, it was proposed to create vacancies for 15% female representation in all positions.

The Committee Chair recommended to the Secretary of the Ministry of Public Security that 15% of the total force of the Police Service is currently employed by female officers, so that 15% of the available vacancies should be reserved for female officers to solve this problem.

(News 1st)

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Egg prices on the rise again




Egg prices in the local market have been increased despite the festive season being just around the corner.

Although the price of an white egg was around Rs. 40 – 42 in the last week of November, it rose to Rs. 44 – 46 last week before increasing again to Rs. 55 – 60.

The price of a white egg and brown egg at the Narahenpita Economic Centre is priced at Rs. 50 and Rs. 52 respectively.

It is speculated that the prices will continue to spike, resulting in the price hike of bakery and confectionary products.

Experts in the field allege that Trade Minister – Nalin Fernando’s short sighted decisions are to be blamed for his.

The minister had recently halted egg imports from India, stating that the local egg industry has been stabilized.

However, experts say that the minister had initially imported eggs when the demand was low and had left the local market to depend entirely on the local market when the demand was at its peak, to secure another future chance to import eggs from India.

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Parliament votes to debate VAT bill today




The Sri Lankan Parliament has voted to debate the Value Added Tax (Amendment) Bill on today (Nov. 11).

The ruling party proposed that the VAT (Amendment) Bill be taken up for debate today, following the third reading of the appropriation bill.

However, as the opposition rejected the government’s move, the Speaker of parliament decided to call for a vote on whether the VAT (Amendment) Bill will be taken up for debate today.

Accordingly, a vote took place shortly after 9:30 am, with 92 votes in favour, 41 votes against and 01 abstention.

Earlier, the Sri Lanka Freedom Party (SLFP) in a statement announced that they will vote against the VAT Bill.

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