- President Ranil Wickremesinghe meets King Charles III in London: also meets the Sri Lankan diaspora in UK and invites them to foster new investment opportunities in the country: asserts that all must get together to fight “bankruptcy”.
- Analysts say Government’s interest expenditure increased by a staggering Rs.398bn in just over 5 months since the Central Bank upped its policy rates by 7% on 8tb April: additional expenditure on T-Bills interest – Rs.99bn, and on T-Bonds – Rs.299bn: assert the fiscal deficit has risen to untenable levels.
- Government MPs call upon PM Dinesh Gunawardene to have a Parliamentary Select Committee appointed to carry out a probe on tax evaders and consultants who aid and abet tax evasion.
- Mahanayake Theras of the three main Chapters call for a methodical and concessionary electricity tariff policy for places of religious worship: Power and Energy Minister Kanchana Wijesekera says only 12,586 religious places out of 48,682 get electricity bills over Rs.3,990 per month.
- SLFP sources say their MPs who accepted Ministerial portfolios from the Government will be removed from their official positions in the party.
- Indian High Commission in Sri Lanka says India has begun talks with Sri Lanka on restructuring its debt: also says first round of talks with Sri Lankan officials held on 16th September were cordial, symbolising India’s support for a speedy commencement of an IMF programme.
- Tourism earnings increase in the first 8 months of 2022 to USD 893mn from USD 63mn in 2021: Workers’ remittances decrease in first 8 months of 2022 to USD 2215mn from USD 4,224mn in 2021, although Rupee has been depreciated from 200 per USD to 365 per USD.
- Shavindra Fernando PC submits to the Supreme Court that Sri Lanka recorded its best-ever growth and other macro-economic indicators when his client Ajith Nivard Cabraal was Governor from 2006 to 2014: asserts all decisions taken when he was Governor were lawful and bona fide: says FR petitions against his client are arbitrary, vexatious, and malicious: calls for its dismissal in limine.
- Pivithiru Hela Leader and former Minister Udaya Gammanpila says Sri Lanka’s unitary status could be at stake as the UNHRC’s resolution could be tied to aid to Sri Lanka: expects Western countries to exert pressure as the country has now declared bankruptcy.
- Well known Australian cricketer cum coach Tom Moody and Sri Lanka Cricket end their contract by mutual consent.