Wednesday, December 24, 2008

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Sinking in the slick

  • Cabinet says it will not reduce prices; to consult AG
  • Treasury Secretary files affidavit before SC
  • Govt. says ‘no’ to UNP demand to summon P’ment before Jan 6
  • JVP to take ‘tough’ action against govt

The controversial fuel crisis got stickier yesterday as the Government refused to budge just as yet to a Supreme Court order but stay put with the current price levels as public remained perplexed over the status quo.

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A thorn among the roses!
UNP Parliamentarian Ravi Karunanayaka shares a light moment with First Lady Shiranthi Rajapaksa and the Speaker’s wife at the annual Christmas celebrations held at Speaker W.J.M Lokubandara’s official residence yesterday. Former First Lady Hema Premadasa is also present. (Pic by Ravindra Dharmathilake )


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Inflation, money growth easing – CB

Central Bank last week said that inflation and growth in money supply was easing whilst exchange rate remain stable.

This and other assessments were made following the Monetary Policy Review for December.

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