Category: Politics
VAT increase will apply after Parliament approval: Prime Minister
July 11, 2016 (LBO) – The Supreme Court’s interim order issued today suspending VAT increase is not expected to have any adverse impact on the government’s revenue collection, Prime Minister said. Releasing a statement Prime Minister Ranil Wickramasinghe said the VAT (Amendment) Bill has already been presented to the Parliament for the first reading on […]
Will not allow any interference of foreign judges & courts: President
President Maithripala Sirisena emphasizes he will not allow any foreign court, judge or organization interfere into the internal administration and judiciary in the country in future too. “Though whatever views are expressed in various places regarding bringing of foreign judges and establishing of foreign military courts to take actions against the so called human rights […]
MR wants USD3.5bn syndicated loan agreement tabled in Parliament
July 01, 2016 (LBO) – Sri Lanka’s ex-President Mahinda Rajapaksa has requested the government to table the USD3.5bn syndicated loan agreement along with the Attorney General’s observations before parliament. Speaking at the Battaramulla office of the Joint Opposition former President pointed out that the legislature needs to be informed about the financial management of the […]
‘s new counter-terrorism legislation being finalized: Foreign Minister
June 30, 2016 (LBO) – Sri Lanka is finalizing the first draft of the new counter-terrorism legislation that will replace the Prevention of Terrorism Act, Foreign Minister Mangala Samaraweera said. Addressing the 32nd Session of the UN Human Rights Council in Geneva yesterday Samaraweera said technical assistance for this purpose has been sought from the […]
UN Human Rights commissioner commends Sri Lanka’s progress
June 28, 2016 (LBO) – The UN High Commissioner for Human Rights has commended steps that the Government of Sri Lanka has taken to implement some of the key commitments made in the Sri Lanka sponsored US resolution, even though rapid action could have been taken in other areas. Issuing a special report to the […]
Sri Lanka Cabinet cancels consultancy in defence HQ project
June 23, 2016 (LBO) – Sri Lanka’s cabinet has decided to cancel the consultancy given to a private firm for the construction of the defence headquarters complex at Akuregoda, Battaramulla. “The Committee appointed in the above purpose has observed that selection of consultancy firms and their payments have been done without providing true information to […]
Sri Lanka port city becomes financial city, new deal by August: PM
June 17, 2016 (LBO) – Sri Lanka’s port city construction will be converted to a financial city with a new agreement which is expected to be signed by August with the China Harbour Engineering Company, the Premier said. Officially announcing the lifting of EU fishing ban, Prime Minister Ranil Wickremesinghe said the port city land […]
No-faith motion against Sri Lanka’s Finance Minister defeated
June 09, 2016 (LBO) – The no-confidence motion moved by the joint opposition against Sri Lanka’s Finance Minister Ravi Karunanayake was defeated in Parliament a short while ago by a majority of 94 votes. 51 voted for and 145 voted against the motion while 28 were absent.
India plans expanded missile export drive, with China on its mind
June 9 (Reuters) – India has stepped up efforts to sell an advanced cruise missile system to Vietnam and has at least 15 more markets in its sights, a push experts say reflects concerns in New Delhi about China’s growing military assertiveness. Selling the supersonic BrahMos missile, made by an Indo-Russian joint venture, would mark […]
Sri Lanka ministers need good vehicles to serve people: Rajitha
June 08, 2016 (LBO) – Sri Lanka’s ministers should be given proper vehicles to serve the public though there may be public resistance to tax-free vehicles, Co-Cabinet Spokesman Rajitha Senaratne said. The government yesterday presented a supplementary estimate of 1.2 billion rupees seeking Parliament approval to purchase 32 vehicles for 30 ministers, state ministers and […]
Sri Lanka Central Bank clarifies reports on expenses incurred by Governor
June 06, 2016 (LBO) – Sri Lanka’s Central Bank has clarified media reports about expenses incurred by the Governor. “It has been reported in the media that allegations had been made by members of the Parliamentary opposition that the Governor of the Central Bank has misused public funds.” “The CBSL wishes to state that neither […]
Sri Lanka’s JVP to vote for no-confidence against Finance Minister
June 06, 2016 (LBO) – Sri Lanka’s Marxist Janatha Vimukthi Peramuna (JVP) today said the party will vote in favor of the upcoming no-confidence motion against Finance Minister Ravi Karunanayake. The no-confidence motion handed over in March by the Joint Opposition will be taken up for debate on Wednesday and the vote will be taken […]