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Sri Lanka's inflation may fall under 10 pct PDF Print E-mail
Friday, 29 August 2008

 By Shihar Aneez and C. Bryson Hull

COLOMBO, Aug 28 (Reuters) -

Sri Lanka's economic growth is expected to be less than a forecast 7 percent this year due to tight monetary conditions but inflation may fall into single digits by the end of 2009, the central bank governor said.All-time high fuel and food prices pushed inflation in Sri Lanka this year -- among the highest in Asia -- to a record level when measured on an index introduced in December that tracks it back to 2002. Under the old index, it would be an 18-year high."If there are no major shocks, we would see a single digit inflation by end of next year," Central Bank Governor Ajith Nivard Cabraal told Reuters in an interview on Thursday.But he warned that tight monetary policy would mean growth in 2008 would be slightly less than the forecast 7 percent.

Last Updated ( Monday, 09 March 2009 )
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UNICEF aided maternity, children’s ward opened in the East PDF Print E-mail
Friday, 29 August 2008

Two new health facilities were added to the health network of the Eastern Province on August 25. A new Maternity and Children’s Ward of the Pottuvil District Hospital was opened in the morning, while the Regional Medical Supplies Division (RMSD) Kalmunai, was inaugurated the same day. Both projects are part of the UNICEF-supported Tsunami Infrastructure Reconstruction Programme in Sri Lanka.

The new maternity and pediatric ward complex, costing Rs. 103.5 million, will serve more than 45,000 people in the area and include: a pediatric ward, maternity ward, emergency treatment unit and an administrative block. Each ward has a capacity of 30 beds. "We are really happy that the population of the area will benefit from modern facilities, complete with adequate water and electricity supplies," Dr. A. Ameenudeen, District Medical Officer in Pottuvil, said.

Last Updated ( Monday, 09 March 2009 )
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Project launched to re-build road network in liberated areas PDF Print E-mail
Friday, 29 August 2008

 by: Harischandra Gunaratna 

The Government has launched a special project to rapidly re-build the road network in the liberated areas in the Northern Province while the security forces continue their offensive against the LTTE.

UPFA Parliamentarian and Presidential Advisor Basil Rajapaksa yesterday expressed confidence that the government could re-gain the entire Northern Province from the clutches of the LTTE and civilian life could be restored like in the East."We must be geared to provide the infrastructure development to the areas which have been already liberated and the government has already launched development work with the assistance of the security forces personnel in these areas," he said.

Last Updated ( Monday, 09 March 2009 )
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Sri Lankans in Switzerland to Protest against LTTE PDF Print E-mail
Friday, 29 August 2008

 A PROTEST rally calling upon the Swiss Government to take stern action against the LTTE and its front organisations will be held on September 6 at Waisenhausplatz, near the Swiss Parliament in Bern, Switzerland. According to the organising committee the protest rally is scheduled between 1 p.m. and 5 p.m., Swiss local time.

Last Updated ( Monday, 09 March 2009 )
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“Eastern Heritage Belt” to preserve archaeological sites in the East PDF Print E-mail
Friday, 29 August 2008

 With the objective of preserving cultural heritage sites of archaeological value in the Eastern province, the Central Cultural Fund (CCF), under the directives of President Mahinda Rajapaksa has initiated a programme named “Eastern Heritage Belt”. Director General of the Central Cultural Fund (CCF), Prof Sudharshana Seneviratne addressing the media at the Government Information Department said today (26) that up to now sites with archaeological importance have already been identified in areas from Seruwawila to Katharagama.

Last Updated ( Monday, 09 March 2009 )
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