AGP Executive Report
Last update: 12 hours agoFood Security Shock: The World Food Programme warns the Iran war and Strait of Hormuz bottlenecks are pushing fuel and food prices up, with millions facing acute hunger—Sri Lanka is named among the hardest hit. Sri Lanka Economy Rules: The Central Bank issues a new Gazette rule forcing exporters to convert foreign exchange earnings into rupees within a set deadline, with limited permitted uses first. Mattala Airport Drive: Sri Lanka extends the deadline for expressions of interest to develop Mattala International Airport, with dozens of parties still in the race. NDB FX Scam: Police and Customs say millions—including Rs. 13 billion from NDB—were siphoned out via telegraphic transfers under “import” claims, using many accounts across banks since 2023. Weather Watch: El Niño is expected to start affecting Sri Lanka’s weather next month, with officials set to discuss preparedness. Education Staffing: Approval granted for teacher recruitment, targeting over 31,000 hires this year amid a large vacancy gap. Public Services Access: A national accessibility audit begins at government institutions to improve facilities for persons with disabilities. Port City Banking: Sampath Bank opens its Colombo Port City branch, marking a key step for the Port City investment push.
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