The Day Brief of December 28, 2017

1. Beleaguered former Finance and later Foreign Minister Ravi Karunanayake who resigned over allegations relating to the Bond Scam, says it is best that the UNP and the SLFP work together: says growth is coming down to 3.4% and inflation is up to 8.4% because the Central Bank is absolutely corrupt and inefficient

2. SLFP Minister Susil Premajayath says there is a possibility that SLFP will join SLPP, if SLFP comes first but is short of an absolute majority

3. Ardent Sri Lankan Cricket fan, Gayan Senanayake participates at Virat Kohli’s wedding reception

4. Loss arising from ill-advised cancellation of Airbus aircraft orders by Sri Lankan Airlines on the instructions of the Government leads to loss of Rs.15 billion per year: Total loss from Hedging was Rs.12 billion (USD 89 million)

5. More election-related goodies introduced by UNP-SLFP Government: Housing loans of armed forces personnel to be written-off, using the funds in the ‘Api-venuwen-Api’ fund: Elections Commission requests Government not to disburse Housing Loans, by-passing the election laws

6. New racket discovered: mixing imported rice with local rice

7. Tax on sugar which the Health Minister said was to curb diabetes, causes tax on soft drinks to rise four-fold: fizzy soft drink sales likely to be adversely affected

8. Joint Opposition requests early convening of Parliament to find solutions to the “current economic crisis”

9. Italian made ‘488 Spyder Sports’ car valued at over Rs.100 million that can accelerate from 0 to 200 kmp in 10 seconds, cleared at Airport: previously this year, a Ferrari and a Lamborghini had also been imported

10. Farmers in further crises: in addition to fertilizer shortage, water not released from major tanks: Farmers allege that Agriculture Minister Duminda Dissanayake is responsible for the twin-crises

Have a ‘crisis-free’ Thursday

Leave a Reply