Category: Politics
MCC review final report presented to President; report to be published
Jun 25, 2020 (LBO) – The final report of the Expert’s Committee appointed to review the proposed Millennium Challenge Corporation Compact (MCC) was handed over to President Gotabaya Rajapaksa at the Presidential Secretariat today (25). Later the report will be placed before the public. The Committee has presented its recommendations following a 6 months long […]
‘s Central Bank
Jun 21, 2020 (LBO) – Former Finance Minister Mangala Samaraweera says that he is defending the actions of the Central Bank as the Bank has done what was required of them in response to the crisis. In an open letter to Prime Minister Mahinda Rajapaksa, the former Finance Minister has pointed out that the responsibility […]
Utilize reliefs given by Central Bank to strengthen economy: President tells State Banks
Jun 18, 2020 (LBO) – President Gotabaya Rajapaksa has emphasized that it is the responsibility of state banks to utilize the reliefs provided by the Central Bank to strengthen the economy and the people, affected by COVID 19 pandemic. The global economies have been hit hard by coronavirus.As such all types of businesses including agriculture, […]
I step down from Parliamentary Election: Mangala Samaraweera
Jun 09, 2020 (LBO) – Mangala Samaraweera says that from today he steps down from the politics of being a member of parliament and requests the people of Matara to refrain from casting their preferential votes for him at the upcoming 2020 parliamentary election although his name appears in the electoral list as a candidate […]
No politics during General Election – President warns heads of state institutes
Jun 08, 2020 (LBO) – President Gotabaya Rajapaksa advises all Heads and members of Board of Directors of State entities including Corporations and Statutory Boards, appointed by his government, not to engage in political activities in favor of any political party during the upcoming General Election. “If any Head or Board member wishes to extend […]
Presidential Task Force for establishing a secure country & lawful society
Jun 03, 2020 (LBO) – Sri Lanka’s President Gotabaya Rajapaksa has established a Presidential Task Force to build a Secure Country, Disciplined, Virtuous and Lawful Society in accordance with the powers vested in him by Article 33 of the Constitution. Secretary to the Ministry of Defence, Major General (Retired) Kamal Gunaratne has been appointed as […]
How can we adjust our capitalist system to face post COVID-19 challenges?
An article by Tharaka Balasuriya With the chaos resulting from Covid 19, many have questioned the effectiveness of the neoliberal economic model. A debate about the negative impacts of the open economic system has been on going in Sri Lanka ever since the introduction of free market reforms in 1977. Although successive governments have experimented […]
New Indian High Commissioner calls on President
May 29, 2020 (LBO) – The newly appointed Indian High Commissioner in Sri Lanka Gopal Baglay paid a courtesy call on President Gotabaya Rajapaksa at the Presidential Secretariat this morning (29). He presented his credential to President via a video conferencing ceremony on 14th May marking a historic moment in Sri Lanka’s diplomatic relations. During […]
New mechanism to repatriate Sri Lankans
May 26, 2020 (LBO) – A new mechanism is to be formulated to repatriate Sri Lankans who are stranded or faced with various difficulties in the wake of COVID – 19 pandemic. The nature of the new system will be decided at a meeting scheduled to be held tomorrow and the flights in June to […]
Curfew only between 10 pm to 4 am from tomorrow onwards
May 25, 2020 (LBO) – Curfew will be effective only between 10 pm to 4 am daily in all the districts in the island from tomorrow onwards until further notice. Traveling between districts except in the two districts of Colombo and Gampaha will also be permitted from tomorrow, Tuesday, May 26th. The Government requests the […]
Possibility of investing ETF & Samurdhi money in producing medicine explored
May 22, 2020 (LBO) – The possibility of investing money belonging to the Employees Trust Fund (ETF) and the Samurdhi Movement in the production of medicine has been explored. This was explored during a discussion with the Chairmen of the two-State Pharmaceutical Corporations held at the Presidential Secretariat yesterday. If such a mechanism could be […]
I will not allow anyone to exert undue pressure on our war heroes: President
May 19, 2020 (LBO) – President Gotabaya Rajapaksa says that he will not hesitate to withdraw Sri Lanka from international bodies or organizations, if any such body or organization continuously target the country and war heroes, using baseless allegations. “I will not allow any room for attempts to discredit and destroy the dignity of our […]