US$ rate reaches Rs.300; in-depth study on vehicle imports stressed: Siyambalapitiya
In a situation where the US dollar, which is overvalued by 78%, has been devalued by about 20%, Finance State Minister Ranjith Siyambalapitiya said that the proposal to give permission to import vehicles should be studied in depth.
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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