Category: Politics
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.
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 […]
Federal proposal among Sri Lankan views on constitutional reform: PRC
June 01, 2016 (LBO) – Sri Lanka’s Public Representations Committee (PRC) on constitutional reforms has received various proposals from the public including proposals for a federal solution with separation of power, the committee said. The Chairman of the Committee Lal Wijenayake told reporters Wednesday that the public had different views on the nature of the […]
President calls on developed nations to invest in Sri Lanka
May 27, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena on Friday called on developed nations and multilateral and bi-lateral investors to invest in Sri Lanka as the country lack finances for extensive development efforts. Addressing the G 7 Outreach Summit today in Ise-Shima in Japan, he said that with a revolutionary change of governance, […]
Sri Lanka seeks foreign assistance to trace stolen assets: President
May 13, 2016 (LBO) – Sri Lanka’s government is currently in the process of seeking information and assistance from foreign countries to trace stolen assets, President Maithripala Sirisena said addressing the Anti-Corruption Summit in London. President Sirisena appreciated the support and cooperation extended to Sri Lanka by several countries including UK, USA, India and Switzerland […]
Joint Opposition MP imports first tax-free vehicle for this year
May 11, 2016 (LBO) – A Parliamentarian aligned with the joint opposition has imported a brand new Range Rover under the tax-free vehicle scheme of the Parliament, further widening the burden to taxpayers. The former Minister who usually shouts against the policies of this government is the first Parliamentarian who has cleared the vehicle from […]
Right to Information bill inconsistent with Constitution: Supreme Court
May 03, 2016 (LBO) – Sri Lanka’s Supreme Court has determined that certain clauses of Right to Information bill are inconsistent with the Constitution, Speaker Karu Jayasuriya revealed in Parliament today. Speaker Jayasuriya, delivering the Supreme Court determination at the opening of Parliament Proceedings today, said the bill needs a two-thirds majority to pass. Supreme […]
Unreasonable tax increases to be enforced after May Day: MR
Apr 28, 2016 (LBO) – Sri Lankan general public will have to suffer from unreasonable tax increases that are to come into effect from 2 May 2016, Former President Mahinda Rajapaksa said. Releasing a statement Rajapaksa said the government is going to increase taxes because there is no money to continue implementing the reckless pledges […]
HR improvement in Sri Lanka; concerns remain: UK Human Rights Report 2015
Apr 25, 2016 (LBO) – Sri Lanka continues to be named as one of 30 ‘Human Rights Priority Countries’ (HRPCs); where the UK has serious human rights concerns and hopes to engage positively, the United Kingdom’s Foreign and Commonwealth Office (FCO) Annual Human Rights Report says. The report commends improvement in the human rights situation in […]