News
Govt to raise fines after high inflation
By NETHMI RAJAWASAM
The Government would raise fines specified in the country’s penal code to reflect current prices, Cabinet spokesman Bandula Gunawardana said.
“Since the old fines of old laws do not match the recent substantial rises in prices of goods and services, only small fines are made in relation to current prices,” Minister Gunawardana told reporters.
“The cabinet of ministers has approved the proposal to make the relevant legislative changes.”
Sri Lanka’s inflation hit 70 percent in 2022 after the rupee collapsed from 180 to 330 to the US dollar, after trillions of rupees were printed to suppress interest rates.
The Cabinet of ministers have granted approval to a proposed bill submitted by Justice Minister Wijeyadasa Rajapakshe to amend the legal fines as defined in the penal code, according to “the current financial value”, a cabinet decision dated 06.12.23 said.
The bill will be published in the government gazette and tabled in parliament.(ECONOMYNEXT)
The Ceylon Petroleum Corporation (CEYPETCO) has announced a reduction in the prices of Petrol 92 and Petrol 95, effective from midnight today (30).
The price of Petrol 92 has been reduced by Rs. 15 per litre, from Rs. 414 to Rs. 399 while the price of Petrol 95 Octane has been reduced by Rs. 20 per litre, from Rs. 495 to Rs. 475
There will be no change in the prices of diesel, Super Diesel and kerosene under the latest revision.
The book “Rathuwewi Mihimadala”, written based on the life story of Vasudeva Nanayakkara, Leader of the Democratic Left Front, was launched on Friday [August 28] at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, with the participation of Prime Minister Dr. Harini Amarasuriya.
Speaking to the media afterwards about Vasudeva Nanayakkara, Prime Minister Dr. Harini Amarasuriya stated:
“Vasudeva Nanayakkara is a prominent figure in Sri Lankan politics, particularly within the left-wing political movement. There were several influential figures within the left movement, and that left-wing influence also contributed to bringing the country to where it is today. Politically, there were areas where we agreed and areas where we did not. However, I have great respect for the contribution made by Vasudeva Nanayakkara to left-wing politics. When I entered Parliament in 2020, Vasudeva Nanayakkara was also in Parliament. We sat in the same row, and we spoke about many important as well as interesting moments in his political career. I believe some of these experiences have also been included in this book.”
The event was attended by members of the Maha Sangha, Minister of Justice Harshana Nanayakkara, former President Maithripala Sirisena, former Speakers Karu Jayasuriya and Chamal Rajapaksa, as well as party members, family members and friends.
[Prime Minister’s Media Division]
Latest News
Sun directly overhead Mannar, Periyamadu, Puliyankulam, Welioya and Pulmoddai about 12.11 noon today (30)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is overhead today (30) are Mannar, Periyamadu, Puliyankulam, Welioya and
Pulmoddai about 12.11 noon.
Petrol to cost less from midnight today (30)
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