News
Price controls removed

By Saman Indrajith
There are no goods in the market at the government stipulated prices, says the Samagi Jana Balavegaya.
Chief Opposition Whip and SJB Kandy District MP Lakshman Kiriella told Parliament yesterday that the government had announced maximum retail prices through gazettes but nowhere in the market were goods available at those prices.
“There is a gazette stating the controlled price of sugar at Rs. 88 a kilo but in the market it is Rs. 99 a kilo. This is true of other essential items. There is no place where 27 commodities are sold at the government-stipulated prices.”
Minister Bandula Gunawardane: There is no such gazette. We have withdrawn it.”
MP Kiriella: “When did you withdraw the gazette?”
Minister Gunawardane: We withdrew it today.
Minister Gunawardane said that the gazette on controlled prices had been withdrawn after announcing that the government would maintain fixed prices as regards 27 essential commodities for three months starting Feb 8, subject to foreign exchange rates and any taxes that may be imposed on certain imported goods. As per that directive, prices of red raw, white raw, white nadu, samba, and kiri samba rice, wheat flour, white sugar, brown sugar, green tea, red dhal-Australian, big onion-Indian, potato-native, potato-Pakistani, chickpea, dried chili, canned fish local and imported, sprats, chicken, salt, milk powder, soybean oil, laundry soap, laundry bar soap, fragrance soap, hand wash liquid, mouthwash will be kept stable for the next three months.
The Minister said that when the sugar price increased in the world market, four gazettes had been issued by the President to remove taxes on four essential items including sugar, but nowhere were those items sold at the revised prices except at Sathosa outlets. Therefore, we withdrew the price control gazette today and introduced the new mechanism.”
Latest News
Advisory for severe lightning issued for Sabaragamuwa, Central and Uva provinces and in Hambanthota district

The Natural Hazards Early Warning Centre has issued an Advisory for Severe Lightning for the Sabaragamuwa, Central and Uva provinces and in Hambanthota district.
The advisory issued at 02.00 p.m. today [07 April 2025] is valid for the period until 11.00 p.m. 07 April 2025
The public are warned that thundershowers accompanied by severe lightning are likely to occur at several places in for Sabaragamuwa, Central and Uva provinces and in Hambantota district. There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.
ACTION REQUIRED:
The Department of Meteorology advises that people should:
Seek shelter, preferably indoors and never under trees.
• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• Avoid using open vehicles, such as bicycles, tractors and boats etc.
• Beware of fallen trees and power lines.
• For emergency assistance contact the local disaster management authorities.
Latest News
“Census of Population and Housing 2024” Report Presented to the President

The report of the “Census of Population and Housing 2024,” conducted by the Department of Census and Statistics, was officially handed over to President Anura Kumara Disanayake this morning (07) at the Presidential Secretariat.
This preliminary report has been prepared based on island wide data collected between October and December 2024.
The report provides details on Sri Lanka’s population, its growth and the distribution of the population across districts.
The information gathered through the census is vital not only for the government but also for other institutions in formulating policies and development plans essential for the country’s progress. Significantly, for the first time in the history of census-collecting in Sri Lanka, data collection was carried out using tablet computers and user-friendly mobile devices.
The event was attended by Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Mahinda Siriwardana, Director General of the Department of Census and Statistics D.D.G.A. Senevirathne and several other officials.
Business
Central Bank Presents Annual Economic Review 2024 to President

The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
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