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Sanjeeva Jayawardena & Ranee Jayamaha to continue to serve on Monetary Board: CB Governor

President’s Counsel Sanjeeva Jayawardena and Dr. Ranee Jayamaha, appointed members of the Monetary Board, have acceded to continue to serve on the Monetary Board, Central Bank Governor Dr. Nandalal Weerasinghe said. "As the newly incumbent Governor of the Central Bank of Sri Lanka (CBSL), I am de

An unprecedented political avalanche:

Calamity for the once record-breaking and promising SLPP ! By Shamindra Ferdinando A massive public riot, at the approach to President Gotabaya Rajapaksa’s private residence at Pangiriwatte Road, Mirihana, could have been avoided if the top ruling SLPP (Sri Lanka Podujana Peramuna) leadership swiftly responded to the growing public disenchantment with the government, though it […]

Blamed for current crisis, Monetary Board before House Committee today

By Shamindra Ferdinando Chairman of the Committee on Public Finance (CoPF) Anura Priyadarshana Yapa, MP, says they’ll inquire into the possibility of bringing former Governor of the Central Bank Ajith Nivard Cabraal before the Watchdog Committee inquiring into the conduct of the Monetary Board pertaining to the current crisis. Governor, CBSL chairs the five-member Monetary […]

Spike in COVID infections among pregnant women

By Pradeep Prasanna Samarakoon The number of COVID positive pregnant women was increasing rapidly, Dr. Sanath Lanerolle, Senior Consultant in Obstetrics and Gynecology at the Castle Street Hospital for Women, told The Island yesterday. Dr. Lanerolle urged pregnant women to get booster shots as soon as possible. He stressed that vaccines would have no adverse […]

Basil tells FT all options being evaluated to get out of debt trap

Finance Minister, Basil Rajapaksa has told The Financial Times (UK) in a recent interview that the country was negotiating with international bondholders for debt relief. He said that they were also ‘weighing an approach to the IMF.’ He told the FT that the government was “negotiating with everybody” and “trying all our options” to avoid […]

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