The Central Bank of Sri Lanka (CBSL) has taken measures to commence the second stage of the compensation payments to the depositors of The Finance Company PLC (TFC) with effect from 02.07.2020. Accordingly, such payments will be taken place at 63 branches of the People’s Bank Island wide. In terms of this compensation mechanism Rs. 600,000/- is paid per depositor basis.
President Gotabaya Rajapaksa pointed out that undue interference by the Government could interrupt the progress of small scale enterprises. What is required is the provision of facilities and assistance for skills development.
Kalpitiya Quarantine Centre releases 06 more individuals on completion of quarantine process
- Says need to identify and confirm the enemy within the system to eradicate drug menace
- Stresses the need of bringing all the notorious drug kin pins to book to do justice to the future generation.