Author: Buzzer Editor

The debate on the second reading of the Interim Budget Bill 2022 started today.Parliament met today at 09.30 am under the chairmanship of Speaker Mahinda Yapa Abeywardena.The second reading debate is scheduled to be held on September 2nd till 04.30 pm.President Ranil Wickramasinghe presented the 2022 Interim Budget Bill to Parliament yesterday (30) afternoon.

In the third match of the Asia Cup Twenty20 cricket tournament, the Afghanistan team managed to qualify for the Super 4 round of the tournament by recording an excellent victory over Bangladesh by 7 wickets.Bangladesh won the toss and decided to bat first and they scored 127 runs for the loss of 7 wickets.In batting, Mujib ur Rahman managed to dismiss Mohammad Naeem for 6 runs, Anamul Haque for 5 runs, skipper Shakib Al Hasan for 11 runs, Mushfiqar Rahim was dismissed for one run, Afif Hossain was dismissed for 12 runs.Mosadak Hossain managed to score 48 runs not out…

In some places in Western, Southern, Sabaragamuwa, Central and Uva provinces, mm. The Department of Meteorology says that very heavy rains of more than 150 may occur.In some places in other areas, mm. The department mentions that heavy rains of around 100 may also occur and a turbulent lower atmosphere will prevail near Sri Lanka.Therefore, the sky in the southern part of the island is heavy with clouds and the Meteorology Department states that rain or thunder may occur in many parts of the island from time to time.The Department of Meteorology urges the people to take necessary measures to…

Central Bank Governor Dr. Nandalal Weerasinghe says that ongoing discussions with the International Monetary Fund are showing good progress.Accordingly, the Central Bank Governor stated that he hopes to be able to quickly reach an agreement at the staff level, which is the first step in the negotiations.The Governor of the Central Bank further stated that Sri Lanka will have a credible program to solve the current economic crisis when that agreement is reached and there will have to be an agreement for the reform of important and adverse policies to be implemented in the next three to four years.

Energy Minister Kanchana Wijesekera says that the defects in fuel distribution have been corrected and additional stocks have been released in the last 4 days.He also mentions that 4,000 metric tons of diesel and 3,000 metric tons of gasoline are distributed daily through the petroleum storage terminal.The Minister further states that the fuel requirements for buses and school services have been met and another 35,000 metric tons of 92 petrol is to be unloaded tonight.

Central Bank Governor Dr. Nandalal Weerasinghe says that a budget suitable for a country that is in need of debt and can build stability to recover from the crisis was presented to Parliament today.Accordingly, the Governor of the Central Bank said that the President and the Treasury Secretary should be thanked for presenting a more visionary budget, even if it is not politically popular.The Governor of the Central Bank stated this while attending a conference organized by the Colombo Naval Academy with the theme “Let’s know the truth about the state economy”(රාජ්‍ය ආර්ථිකය සම්බන්ධව සත්‍ය දැනගනිමු).The Bank Governor Dr. Nandalal…

Another petition has been submitted to the Court of Appeal asking for punishment against MP Sanath Nishantha for the charge of contempt of court.Vijith Kumara, a lawyer, has submitted the petition and MP Sanath Nishantha has been named as the respondents.

Mr. Sajith Premadasa, the leader of the opposition, said that he is not satisfied with the interim budget, after presenting the President’s budget speech, while leaving the parliamentary chamber and making a statement to the media.Further Sajith Premadasa said that there is a contradiction between the UNICEF organization statistics and the budget statistics about the families in Sri Lanka who are in need.

Finance Minister President Ranil Wickramasinghe says that it is proposed to establish a separate unit for the restructuring of government-owned commercial enterprises.The interim budget has also proposed to allocate an amount of 200 million rupees to implement the proposal.The President further stated that the government has taken steps to establish this new unit due to the fact that several major state enterprises have become in a state of high financial risk.

Binance Charity, a leader in the crypto market (Block Chain), joined hands with the local ‘Binance Angel’ to provide rice, sugar, dried beans, lentils to over 1000 families in 30 villages in 3 cities of Kandy district who are affected by the current economic crisis. and donated essential food items such as noodles, valued at 20,000 US Dollar Stable coins (BUSD).Here, Binance Executive Vice President / Head of Binance Charities Mrs. Helen High said, “The people of Sri Lanka have been going through a difficult few years with the Covid pandemic situation, the collapse of tourism and the current economic…