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Economic Crisis in Sri Lanka-There is no use for the bank interest rate to be 30% when inflation is 100% in Sri Lanka

Governor of the Central Bank Mr. Nandalal Weerasinghe states that there is no use for the bank interest rate to be 30% when inflation is 100%. He also points out that the most important task to be done is to control inflation. He also said that reducing inflation is also important for improving the business environment.  He made these comments to a journalist’s inquiry at a press conference held at the Central Bank of Sri Lanka.

The employees of the Sri Lanka Television Corporation are currently protesting in the lobby of the Corporation

The employees of the Sri Lanka  Television Corporation are currently protesting in the lobby of the Corporation due to the fact that they have not yet been paid their salaries for this month (August). They point out that they have to engage in this kind of agitation to get their salary every month. The management is taking steps to reduce the salary of the ordinary employees only without cutting the privileges of anyone in the management of the corporation. Union representatives indicate that they will continue to protest until the due salary is paid. All trade union officials representing the Sri Lanka Television Corporation are participating in this protest.

Economic liquidity in Sri Lanka-There is no one to buy eggs, Traders are in trouble

With the imposition of a control price for eggs, there is a decrease in the price of eggs in the market. Traders claim that even though the eggs were at the government control price in the Petaling Jaya market, customers did not come to buy the eggs. Traders also mentioned that due to the absence of customers, they will have to refrain from selling eggs in bulk in the future.

Political Crisis in Sri Lanka-The Sri Lankan government seeks the help from CIA to capture the rest of the protesters who damaged the public property

  The Government of Sri Lanka has sought the assistance of the United States in identifying the photos and videos published on social media regarding those who set fire to houses that damaged property amid the recent riots in the country. For that, the Criminal Investigation Department has sought the assistance of the American Secret Service on the advice of the Attorney General. This step has been taken after the law has been implemented against the person who behaved riotously on those days and the photos and videos they had posted on social media have been deleted. Lanka c news

Rising of the power of organized criminal gangs in Sri Lanka -The reason for the murders in the Southern province in Sri Lanka is the crisis between the organized crime gangs – police

The police say that a noticeable amount of killing of different people is taking place in the southern province due to the crisis between the organized crime gangs.  Meanwhile, a senior police officer stated that the person who was shot and killed in the Uragasmanhandiya area of ​​Elpitiya yesterday (24) was involved in an earlier murder incident. A barber who ran a hair salon was killed in Alpitiya, Uragasmanhandiya Nugodamulla area yesterday (24th) in a shooting incident. Two people on a motorcycle had fired. Meanwhile, shooting incidents were also reported in Gampaha and Ahungalla areas yesterday (24). A person was shot dead in the area of ​​Batapotha Krusa junction on Makavita road, Gampaha, and the shooting was done by two people who came on a motorcycle. A 34-year-old Anuruddha Pushpakumara, a businessman who runs a building material store and resides in Kotugoda, Medagamuwa, died due to gunshots. Meanwhile, a person was injured in the other shooting that took place at Ahungalla, Urahaga road yesterday afternoon.  A man on a motorcycle had shot him and fled. The police stated that he had a close association with members of organized crime gangs.

Economic Crisis in Sri Lanka- Sri Lankan government issued a new circular regarding employment of government employees abroad

A new circular has been issued regarding the provision of unpaid leave subject to a maximum of 05 years to government employees for foreign employment.  It is signed by the Secretary of the Ministry of Monetary, Economic Stabilization and National Policy.  According to this circular, permanent employees of government corporations, constitutional boards and government-owned companies will have this opportunity. This circular has been issued with the aim of increasing the foreign exchange remittances and getting high contribution to the country’s economy by optimally utilizing the country’s human resources. Here, under several conditions, the opportunity to take foreign leave will be available subject to a maximum of 05 years without prejudice to seniority. When applying for leave without pay for any government employee to work abroad, the head of the organization should consider granting the leave only if there is a system for employing another employee on an internal basis to cover the work of that employee or to see the work in the relevant organization.  It is mentioned in the circular that this opportunity is available only to the permanent officers of the public service. If the concerned employee has taken loan monsalary-freeks or other institutions from his company, during this salary free period, he should come to a formal agreement on how to repay the loan money.

Political Crisis in Sri Lanka-The police have identified a person who bathed in the presidential place swimming pool and used soap

Political Crisis in Sri Lanka-The police have identified a person who bathed in the presidential place swimming pool and used soap

The police say that they have identified two people who broke into the presidential palace and went into the swimming pool and bathed using soap.  It has been revealed that one of them is a local council member residing in a remote village in the Badulla area and the other is a resident of the Talawakele area. A police team is currently conducting investigations to arrest them. Recently Defense Secretary Kamal Gunaratne mentioned that Sri Lanka became a laughing stock in front of the world when these people went down to the swimming pool of the Presidential Palace and publicized the scenes of bathing in the soapy water through the international media.