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Inflation stagnant

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The Country’s inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) remained unchanged at 4.0 percent in October 2020 from the previous month, the Department of Census and Statistics reported Thursday.

The CCPI for all items for the month of October 2020 marginally increased to 136.5 from 136.3 in September 2020.

For the month of October 2020, on a year-to-year basis, contribution to inflation by food commodities was 2.97 percent. The contribution of Non-Food items was 0.94 percent.

Year on Year inflation of Food Group has decreased from 11.5 percent in September 2020 to 10.0 percent in October 2020 while that of Non-food Group has increased from 0.9 percent in September 2020 to 1.3 percent in October 2020.

The moving average inflation rate for the month of October 2020 was 4.6 percent. The corresponding rate for the month of September 2020 was 4.7 percent.

The Census and Statistics Department noted that the data collection by personal visit for the Colombo Consumer Price Index (CCPI) program was challenging due to the prevailing COVID-19 situation of the country since the 2nd week of October 2020.

Data that was previously collected by personal visits were collected by phone from outlets which were open in areas where curfew was not imposed.

 

 



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INS Sindhukesari arrives in Colombo

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INS Sindhukesari, a submarine serving in the Indian Navy, arrived at the port of Colombo on 03 May 26 to undertake Operational Turnarounds.

The visiting submarine was welcomed by the Sri Lanka Navy in precision with naval traditions.

Throughout its stay in the island, the submarine’s crew is scheduled to participate in a variety of programmes organized by the Sri Lanka Navy, including visits to several tourist attractions in Sri Lanka.

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Minister of Health of the Russian Federation attends the Sri Lanka–Russia Medical Forum

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Mikhail Murashko, Minister of Health of the Russian Federation, officially visited the Russian House in Colombo to attend the Sri Lanka–Russia Medical Forum, where members of the Sri Lanka Russia Business Council and graduates from the Association of Sri Lankan Graduates from Socialist countries (ASLGSC) attended.

This historic gathering was graced by rectors and representatives from several world-class Russian medical institutions, including Kursk State Medical University, Sechenov First Moscow State Medical University, and Tver State Medical University, among others.

The forum commenced with an address by Minister Murashko, during which Russian medical graduates in attendance raised pertinent questions regarding medical and pharmaceutical sector opportunities in Sri Lanka.

Levan Dzhagaryan, Ambassador of the Russian Federation to Sri Lanka and the Maldives, together with Madam Maria L. Popova, Counsellor of the Embassy of the Russian Federation in Sri Lanka & the Maldives and Director of the Russian House in Colombo, graced the occasion. Both officials expressed strong support for continued collaboration and future initiatives between the two nations.

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Members of Sri Lanka Cricket Transformation Committee Officially Appointed

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The official appointment letters for the members of the newly established “Cricket Transformation Committee” (CTC) were handed over on Monday (04) by the Minister of Youth Affairs and Sports,  Sunil Kumara Gamage.

The following members received their letters of appointment at the Ministry premises:

Sidath Wettimuny
Thushira Radella
Prakash Schaffter
Ms. Avanthi Colombage

The Ministry also noted that veteran cricketers Roshan Mahanama and Kumar Sangakkara, who are key members of the committee, are currently overseas. Their official appointments will be formalised immediately upon their arrival in Sri Lanka.

The Cricket Transformation Committee has been mandated to oversee the administration and drive structural reforms within Sri Lanka Cricket (SLC) in accordance with the powers vested in the Minister under the Sports Act No. 25 of 1973.

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