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Businessman, officials on the mat over floor tile imports in violation of ban

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A businessman had imported a large consignment of floor tiles in violation of the import ban in effect, Industries Minister Wimal Weerawansa said yesterday (16)

Minister Weerawansa has directed the Customs to take the consignment into custody.

The Minister said that the tiles had been imported on the pretext of bringing in raw material.

However, initial inquiries revealed that Industries Ministry officials had facilitated the operation, contrary to specific instructions in place as regards imports. Minister Weerawansa has directed the Ministry Secretary to initiate action against those responsible. The Minister assured an independent inquiry (SF).



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Stay on course and don’t go back to the past – Dr Indrajit Coomaraswamy

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Former Governor of the Central Bank delivering the keynote address at a high profile Webinar hosted by the Central Bank of Sri Lanka today (24)  said that Sri Lanka must implement the structural reforms proposed by the International Monetary Fund (IMF) without relaxing like in the past or else we will be in a deeper economic mess.

The webinar was titled ‘What is next for Sri Lanka in the wake of the IMF programme’

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Sustainable economic development goals cannot be achieved unless attention is paid to mitigating climate change – Sagala Ratnayake

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President’s Senior Adviser on National Security and Chief of Presidential Staff  Sagala Ratnayake said sustainable economic development goals cannot be accomplished without taking steps to mitigate climate change.

He said this while participating in the 10,000 sapling planting program organized by the LEO Youth Vision 2048 Club and the LEO Club at the Royal College, Colombo on Thursday (23rd).

This program was organized in view of President Ranil Wickremesinghe’s birthday, which is today (24), and the required plants were distributed to the main schools of the Colombo District.

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SF claims thousands of police and military personnel leaving

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By Saman Indrajith

Thousands of police and military personnel had left the services recently as they did not want to carry out illegal orders, Field Marshal Sarath Fonseka told Parliament yesterday. According to the war-winning army commander 200 policemen have resigned during the past two months and 25,000 soldiers have left the army during the last two years.

“We urged the law enforcement and military officials not to follow illegal orders. We will reinstate them with back pay,” he said.

Fonseka also urged the President and the government MPs not to take people for fools.

“Sri Lanka owes 55 billion dollars to the world. Ranil’s plan is to borrow another seven billion during the next four years. So, in four years we will owe 62 billion to the world.

Ranil and his ministers ask us what the alternative to borrowing is. These are the people who destroyed the economy and society. They must leave. Then, we will find an alternative and develop the country,” he said, adding that the IMF loans had made crises in other nations worse.

“Ranil says that by 2025, we will have a budget surplus as in Japan, Germany and South Korea. These countries are economic power houses, and this comparison is ludicrous.”

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