News
Fuel crisis drove fish prices high last year – CB
The prevailing economic crisis dealt a huge blow to the country’s fisheries sector resulting in setbacks and decline of production thereby raising the retail prices of fish during last year, says the Central bank in its latest annual report.
The seventy third Annual Report of the Monetary Board of the Central Bank of Sri Lanka released recently (April 27), shows that the challenges posed by the economic fallout caused the decline of total fish production by 8.9 per cent to 397,230 tonnes in 2022, compared to the previous year.
The drop has been mainly driven by the disruptions caused by domestic fuel shortages on fishing activities and supply chains, particularly in relation to marine fishing activities.
The marine fish production, which accounted for about 71 per cent of the total fish production in 2022, declined by 15.4 per cent, year-on-year, to 280,610 tonnes in 2022.
Retail prices of fish varieties remained broadly elevated in 2022 as a result of increased logistics costs, while upward revisions in kerosene prices in August and November 2022 kept prices at higher levels in the latter part of the year, compared to the corresponding period of 2021.
According to the Ministry of Fisheries, total fish exports contracted by 3.8 per cent, year-on-year, reflecting the subdued performance of the sector, whereas fish imports reported a year-on-year contraction of 25.7 per cent, in volume terms, during the period under review.
Amidst the energy crisis, the fishery sector encountered several setbacks, prompting the Government to take several measures to ensure the continuity of fisheries activities during turbulent times, thereby safeguarding the sector from severe economic shocks and enhancing the performance of the fishing industry. Accordingly, provisioning of fuel for fishery activities was ensured by enabling a manual system, while identifying filling stations in major fisheries regions on a priority basis to distribute limited fuel stocks, the report said.
Eksath Janaraja Peramuna (EJP) yesterday complained to the Election Commission (EC) regarding President Anura Kumara Dissanayake’s recent threat that the government would release funds only to local government bodies to be won by a clean party at the May 06 LG polls.
The EJP, led by former Minister Patali Champika Ranawaka, complained that President Dissanayake has claimed during a public rally at Weligama that the NPP was the only clean party.
The EJP is contesting 37 LG bodies at the forthcoming election.
The new party said that the rights of the other contesting political parties and groups had been violated by the President.
The EJP asked the EC to ensure a level playing field
Having handed over their complaint, EJP spokesman Theekshana Gammanpila told the media outside the EC office that Anura Kumara Dissanayake had won last year’s presidential election and then the parliamentary election as the then government ensured a free and fair election. But now President Dissanayake was making a despicable attempt to influence the electorate in the run-up to the vital mini polls. Gammanpila alleged that the President’s intervention could have a far reaching impact on the electorate.
The EJP spokesman emphasised the responsibility on the part of the EC to intervene and take tangible measures to prevent President Dissanayake from manipulating the electorate to their advantage. (SF)
Former North Central Province Chief Minister S. M. Ranjith and his private secretary Shanthi, who is his brother, former Minister S.M. Chandrasena’s wife, were yesterday (02) sentenced to 16 years rigorous imprisonment after being found guilty of corruption charges. They were also ordered to pay a fine of Rs. 200,000 each.
The judgment was delivered by Colombo High Court Judge Aditya Patabendi.
They were convicted on charges filed by the Commission to Investigate Allegations of Bribery or Corruption.
S.M. Ranjith was found guilty of enabling Shanti to secure an additional fuel allowance between Sept 2012 and Dec 2014 to the tune of Rs 2.68 mn.
The Embassy of Japan in Sri Lanka hosted a concert of Japanese traditional music by the Honganji Temple & Foundation Japanese Orchestra featuring the performers of NYSC on 28th March in honour of the visit of Most. Ven. Ohtani Chohjun Nayaka Hamuduruwo, the 25th Head Priest of Higashi Hongan-ji Grand Temple.
The event featured a Japanese tea ceremony and breathtaking musical performances by the Honganji Temple & Foundation Japanese Orchestra, showcasing traditional Japanese instruments such as the Koto and Shamisen. The evening was further enriched by violin and vibrant dance performances by students from the National Youth Council (NYSC) and Lanka Nippon Biztech Institute (LNBTI).
This cultural celebration further strengthened the deep ties between Japan and Sri Lanka, offering a unique experience of Japanese tradition and heritage.
EC asked to ensure level playing field at LG polls; complaint lodged against President AKD
Former CM, and private secretary sentenced to 16 years RI for corruption
Traditional Japanese musical concert and cultural performance
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