News

Tune of IMF has changed: Kiriella

Published

2 months ago

March 24, 2023

editor

Chief Opposition Whip Lakshman Kiriella said in Parliament that the International Monetary Fund (IMF) has also changed its “tune” as it had earlier said in September that a mandate is needed if economic reforms are to be carried out.

MP Kiriella asked whether the conditions have now been forwarded after obtaining a mandate.

He said the government should have gone to the IMF by having negotiations with the Opposition initially. He said it is now difficult to support the government when the people are under severe pressure.

News

Kuwaiti arrested with air rifle at BIA

Published

18 mins ago

June 1, 2023

editor

A Kuwaiti national who tried to return to Kuwait with an air rifle hidden in luggage was arrested by the security personnel at the Bandaranaike International Airport (BIA), Katunayake.

The suspect was scheduled to return to Kuwait on Sri Lankan Airlines flight UL229.

The airport security officers managed to find the air rifle hidden in his luggage during the scan, and the suspect and the air rifle were handed over to the airport police station.

Investigations revealed that he had bought the air rifle from a shop in Kandy, and the police are conducting investigations to figure out for what purpose he tried to take it to Kuwait.

News

Day Care warden’s husband arrested for abusing 4-year-old girl

Published

23 mins ago

June 1, 2023

editor

A man who seriously sexually abused a four-year-old girl at a Day Care Centre located in Thulhiriya was arrested by the Warakapola Police.

The suspect is the 74-year-old husband of the warden of the Day Care Centre.

The Warakapola Police said the four-year-old girl was taken to the hospital for a medical examination.

The arrested suspect will be produced in the court.

News

Central Bank makes decision on interest rates

Published

32 mins ago

June 1, 2023

editor

The Monetary Board of the Central Bank of Sri Lanka, which met yesterday, has decided to lower the Central Bank’s Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) by 250 basis points.

Accordingly, the reduced interest rates are as follows.

Standing Deposit Facility Rate (SDFR) up to 13.50%

Standing Lending Facility Rate (SLFR) up to 14.00%