World
Bank forecasts countrys economic growth to slump to
lowest level of 4% in 2009; Central Bank to make its stand
known on January 2
Midst
worsening global crisis the World Bank yesterday signalled
what could be the lowest in a decade of economic growth of
4% for Sri Lanka next year though Government officials remain
more optimistic.
Winners
of the National Integrity Award Thusitha Pitigala (Centre)
and Priyantha Fernando (right) with Special Mention winner
Deshabandu Senaratne at the Anti-Corruption Day organised
by Transparency International Sri Lanka. Pic by Rukshan
Abeywansha.
With
the Bourse reeling owing to Rs. 194 billion
loss in market capitalization year to date,
the Board of Directors of the Colombo Stock
Exchange (CSE) has decided to impose Market
Halt effective from January 2, 2009. Full
story