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Govt. denies excessive money printing claims

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Anil Jayantha

Deputy Economic Development Minister Anil Jayantha yesterday (19) told Parliament that the government had not printed money in excess.

The Deputy Minister was responding to claims that Rs. 1.2 trillion had been printed under the incumbent administration.

The Deputy Minister said such statements were either made either intentionally or out of ignorance.

He explained that under the current circumstances, the government had neither the ability nor the legal authority to print money.

The MP said that the recent monetary expansion has taken place through reserve money operations carried out by the Central Bank of Sri Lanka (CBSL), which should not be confused with government-driven currency printing.

The Deputy Minister noted that Sri Lanka currently has Rs. 1.6 trillion in reserve money, while the broad money supply has reached nearly Rs. 15 trillion.

He emphasised that this growth in the broad money supply was due to Central Bank interventions, and not due to printing of money by the government.



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President of the Socialist Republic of Vietnam arrives in Sri Lanka on State Visit

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President To Lam, President of the Socialist Republic of Vietnam,  General Secretary of the Central Committee of the Communist Party of Vietnam, accompanied by a delegation of 209 members arrived in Sri Lanka on Thursday (07) night on a state visit.

 

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Former SriLankan Aorlines CEO Kapila Chandrasena found dead

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It has been reported quoting the Police, that former Chief Executive Officer (CEO) of SriLankan Airlines, Kapila Chandrasena, has been found dead under suspicious circumstances at a residence in Colpetty.

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Heat index likely to increase up to ‘Caution level’ in the Sabaragamuwa, Northern, North-central, North-western, Eastern provinces and in Hambantota and Monaragala districts during the daytime

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Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 07 May 2026, valid for 08 May 2026.

The Heat index, the temperature felt on the human body is likely to increase up to ‘Caution level’ at some places in the Sabaragamuwa, Northern, North-central, North-western, Eastern provinces and in Hambantota and Monaragala districts during the daytime.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED

Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note: In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

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