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Tuesday, 21 August 2001  
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Three Ministers submitted undated letters of resignation last night in a display of solidarity with President Chandrika Bandaranaike Kumaratunga. Here Labour Minister Alavi Mowlana hands over the document to President Kumaratunga at the President’s House while Youth Affairs Minister Jeevan Kumaratunga, Western Province Chief Minister Reginald Cooray and Presidential Secretary K.Balapatabendi look on. Food and Marketing Developing Minister Reggie Ranatunga handed over his letter earlier.                       (Picture by Sudath Malaweera)

Import Bills: Central Bank removes prepayment limits

by Ravi Ladduwahetty

The Central Bank of Sri Lanka yesterday announced the relaxation of several restrictions on foreign exchange transactions through commercial banks, imposed in January this year.

The measures which were imposed following a change in the foreign exchange regime for prudential considerations, are now not necessary because: "Since then the foreign exchange market has continued to be stable, and participants have generally operated with prudence," Central Bank's Additional Director of Economic Research Dr. D.S. Wijesinghe told the Daily News last night.
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Ruhuna varsity: Privatisation allegations false

The Ruhuna University has called upon the public to extend their support to the diversification of courses implemented by the university's Faculty of Medicine.
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Sports Ministry constructions by Govt. sector only

Only Government agencies are involved in the construction of the Pallekelle International Cricket Stadium, Tourism and Sports Minister Lakshman Kiriella said yesterday.
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Shipping lines to resume services

by Channa Kasturisinghe

The shipping lines which stopped calling at the Colombo Port during the last few days are expected to resume services within the next couple of weeks, shipping sources said yesterday.
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