News
Inflation eases according to CCPI
The Colombo Consumer Price Index (CCPI) indicates that Sri Lanka’s inflation rate had eased to 25.2 percent in May from 35.3 percent in April, the President’s Media Division (PMD) said on Wednesday.
This reduction in inflation provides some relief to the crisis-hit economy, which has been severely impacted by a foreign exchange crisis, leading to the worst financial crisis the country has faced in seven decades, said the PMD citing data from the Census and Statistics Department.
There is a decrease in food inflation, which stood at 21.5 percent in May compared to 30.6 percent in April, the PMD said.
Sri Lanka’s central bank said in April that the anticipated declining trend of inflation was expected to continue through 2023, bringing down the prevailing high inflation towards single-digit levels by late 2023.
Four persons including a Budhist monk died and 32 others were injured when two SLTB buses collided head on at Weerawila at arond 12 noon today (18).
Three of the deceased were women. 22 of the injured were admitted to the Hambanthota Hospital while 10 others have been admitted to the Debarawewa hospital.
The Japan Maritime Self-Defence Force (JMSDF) ship OONAMI which arrived at the port of Colombo on a goodwill and replenishment visit on 09 Mar 26 departed on 11 March.
The departing ship was given a formal farewell from the Sri Lanka Navy, in keeping with naval traditions at the Port of Colombo.
The 150.5m long JMSDF OONAMI is commanded by Commander IIO Hiromasa.
During the stay in the island, crew members of the ship explored some tourist attractions in Colombo. The itinerary also included a coastal clean-up drive participated by naval personnel of both countries and engagements with the Sri Lanka Navy, designed to strengthen the bonds of friendship and cooperation.
The Central Cultural Fund established under the provisions of the Central Cultural Fund Act No. 57 of 1980 is responsible for development of cultural and religious monuments in Sri Lanka, settling the expenditure borne for development, renovation and conservation of local and foreign cultural monuments, awarding financial donations for artisans as well as awarding those who served the nation in the fields of culture and religious sectors.
The said act has been passed in Parliament 45 years back and, the requirement to revise the provisions of the act according to the contemporary requirements haa been recognized.
Accordingly, the Cabinet of Ministers granted their policy
approval to amend the said act, considering the resolution furnished by the Minister of Buddhasashana, Religious and Cultural Affairs.
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Four dead 32 injured in head on collision at Weerawila
JMSDF ship OONAMI concludes goodwill visit
Cabinet nod to amend Central Cultural Fund Act No. 57 of 1980
’National Namal Uyana’ declared as a National Heritage
Establishment of Supervisory Committees for restoring economic activities.
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