Tag: lbo
New power projects needed to be implemented as a priority.
The President in his maiden budget speech said new power projects needed to be implemented as a priority.The President in his maiden budget speech said new power projects needed to be implemented as a priority. However, to compensate residents for any inconvenience from the power plants, the president has proposed to offer concessionary rates to […]
The local film industry will get a series of concessions
The local film industry will get a series of concessions, including a rs.50 mn allocation in 2006 to set up infrastructure for acting development.The local film industry will get a series of concessions, including a rs. 50 mn allocation in 2006 to set up infrastructure for acting development. Meanwhile, foreign films will be slapped with […]
Agro sector gets priority
Fertiliser subsidy 8.5 bn. Sector to be freed from all taxs.Concessionary capital to vegetable and fruit farmers. Rs. 10 bn revolving fund for plantation sector and special concessions for replanting Rs. 300 mn for seed farm development ESC on plantation factories down to 0.5 percent from 1 percent Fertiliser subsidy 8.5 bn. Sector to be […]
Some of the key highlights of the revised 2006 budget
Some of the key highlights of the revised budget for 2006: Some of the key highlights of the revised budget for 2006: • The budget deficit for 2006 was estimated at Rs.197 billion, up from Rs. 168 billion this year. • The deficit was equivalent to 7.1 percent of GDP (minus tsunami related costs) both […]
Budget Speech 2006 – Download Copy Here
Budget 2006 Click Here to Download – Budget Speech – Budget Proposals Budget 2006 Click Here to Download – Budget Speech – Budget Proposals
Sri Lanka tightens defences amid fears for truce
Sri Lanka’s top military brass held emergency talks with field commanders Wednesday amid fears that a truce with Tamil Tiger rebels was in danger of collapse after a fresh wave of violence killed 27, officials said.Sri Lanka’s top military brass held emergency talks with field commanders Wednesday amid fears that a truce with Tamil Tiger […]
‘Controlled’ violence claims 29 lives in Sri Lanka
The latest wave of violence has claimed the lives of 17 troops and 12 others and the Sri Lankan government sought foreign help to salvage a tottering truce, but ceasefire monitors say the situation is “not out of control.” The latest wave of violence has claimed the lives of 17 troops and 12 others and […]
Sri Lanka asks Norway to keep up peace bid
Sri Lanka’s new President Mahinda Rajapakse has asked Norway to keep trying to broker peace with Tamil Tiger rebels despite an election vow to review Oslo’s role, a government statement said Wednesday.Sri Lanka’s new President Mahinda Rajapakse has asked Norway to keep trying to broker peace with Tamil Tiger rebels despite an election vow to […]
Sri Lanka’s treasury secretary scotched investor jitters ahead of Thu. revised budget
Sri Lanka is set to unveil a revised welfare laden budget on Thursday, banking on peace to jump-start economic growth, amidst a backdrop of escalating violence that has renewed fears of the island slipping back to war. Sri Lanka is set to unveil a revised welfare laden budget on Thursday, banking on peace to jump-start […]
” violence claims 29 lives in Sri Lanka
The latest wave of violence has claimed the lives of 17 troops and 12 others and the Sri Lankan government sought foreign help to salvage a tottering truce, but ceasefire monitors say the situation is “not out of control.” The latest wave of violence has claimed the lives of 17 troops and 12 others and […]
Norway sets terms to keep up Sri Lankan peace bid
OSLO, Dec 7 (AFP) – Norway’s government on Wednesday said it would agree to a Sri Lankan request to relaunch its bid to broker peace between Colombo and Tamil Tiger rebels, but only if certain conditions were met. OSLO, Dec 7 (AFP) – Norway’s government on Wednesday said it would agree to a Sri Lankan […]
Sri Lanka asks Norway to save peace bid amid war fears
Sri Lanka said Wednesday it has asked Norway to keep trying to broker peace with Tamil Tiger rebels, amid a recent spate of violence which has killed 29 and raised fears that the country could slip back into war. Sri Lanka said Wednesday it has asked Norway to keep trying to broker peace with Tamil […]