The Monetary Board of the Central Bank has decided to reduce mandatory sale of export proceeds/receipts and inward workers’ remittances of commercial banks with effect from February 27, 2023.
MP Lakshman Kiriella said the Ceylon Electricity Board (CEB) has informed the Nilames and organizers of the Kandy Esala Perahera to deposit a sum of Rs. 13 million in order to supply an uninterrupted power supply for the festival.
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