Category: Politics
State vehicles are not exempted from carbon tax: Finance Ministry
Jan 17, 2019 (LBO) – Sri Lanka’s Finance Ministry says the Carbon Tax, which came into effect from January this year, is applicable to all vehicles and the registered owners of every motor vehicle specified in the Act will have to pay this levy. Only the electric vehicles are exempted from the Carbon Tax, but […]
President appoints commission of inquiry to probe corruption from 2015 – 2018
Jan 17, 2019 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed a commission of inquiry to look into the alleged corruption cases and malpractices reported from 15 January 2015 to 31 December 2018. The 5-member Presidential Commission is headed by retired Supreme Court judge Upali Abeyrathne. President Sirisena last year said a Presidential Commission […]
Chinese Ambassador reiterates support to develop Sri Lanka economy
Jan 10, 2019 (LBO) – Finance Minister Mangala Samaraweera met with the Chinese Ambassador Cheng XueYuan and the delegation at the Treasury today, the Finance Ministry said. At the meeting, the Minister has apprised the Chinese Ambassador about the Sri Lankan Governments plan to re-engage with IMF and thanked the Chinese Government for their continued support extended to […]
No one knows what will happen to economy in the coming months: MR
Jan 09, 2019 (LBO) – Leader of the Opposition, Parliamentarian Mahinda Rajapaksa says that the country faces three major dangers as the country complete four years since the change of government on 9 January 2015. According to him, the first among them is the danger of the economy collapsing at any moment. The opposition leader says that […]
Democracy Index 2018: Sri Lanka ranking falls more than others in region after crisis
Jan 09, 2019 (LBO) – Sri Lanka’s democracy ranking has fallen more than any other country in the region with a marked decrease in its score from 6.48 in 2017 to 6.19, driven by a worsening in the functioning of government and in civil liberties.The Economist Intelligence Unit’s Democracy Index 2018 provides a snapshot of […]
‘s Finance Minister
Jan 03, 2019 (LBO) – Two European Union Parliamentary Members Lord William Dartmouth and Geoffrey Van Orden who visited Sri Lanka as members of the “Friends of Sri Lanka Group”, has paid a courtesy call on the Finance Minister Mangala Samaraweera yesterday. According to the Finance Ministry, during the call both the parties have exchanged views on matters […]
Sri Lanka’s new Cabinet of Ministers sworn in
Dec 20, 2018 (LBO) – Sri Lanka’s new Cabinet of Ministers was sworn in before President Maithripala Sirisena at the Presidential Secretariat, today. Accordingly, 29 new Cabinet Ministers were sworn in before the President (without President’s cabinet portfolios). Sources said State Ministers and Deputy Ministers will be appointed later. Following are the Ministers and their portfolios: […]
I appointed Ranil W as PM to respect parliamentary traditions: President
The special statement made by Maithripala Sirisena after the new Prime Minister sworn-in The January 08, 2015 Presidential election was an extraordinary people’s victory achieved through a challenging election campaign. In that victory, the people of the country had many of their hopes and expectations. As of now, with completion of almost four years, we […]
Constitutional violation cannot be rectified by way of an election: New PM
Dec 18, 2018 (LBO) – Taking oaths as Prime Minister of Sri Lanka, Ranil Wickremesinghe made a commitment to establishing normalcy in the country and continuing with the development agenda. In a special statement the reappointed Premier said that, this Constitutional violation cannot be rectified by way of an election. “It is also stated in the […]
MR announcing resignation says TNA now holds remote control in Parliament
English translation of the text of a speech made by former President Mahinda Rajapaksa at his Wijerama Mawatha residence on 15 December 2018. Most venerable members of the Maha Sangha, Clergymen of all religions, Members of Parliament, Ministers, and dear friends, The Supreme Court has delivered a judgement against the holding of the general election […]
‘s Premiership tomorrow
Dec 14, 2018 (LBO) – Mahinda Rajapaksa has decided to resign from the Premiership tomorrow after an address to the nation, Parliamentarian Namal Rajapaksa said.In a Twitter message, Namal Rajapaksa said the decision has been taken to ensure the stability of the nation.He, however, said the SLFP will work to form a broader political coalition with President Sirisena.After […]
Sri Lanka Supreme Court extends interim order on Parliament dissolution
Dec 07, 2018 (LBO) – Sri Lanka’s Supreme Court has extended a suspension of a contested dissolution of parliament in the island by another day. The Court said that the extension will be till Saturday (tomorrow) and will allow further hearings scheduled today. Earlier, a three-judge bench headed by the Chief Justice, Nalin Perera granted […]