Soft drink bottles to have color codes to identify sugar quantity

UNP challenges legality of proposed GST bill

The United National Party has challenged the legality of the proposed GST bill, claiming it was by-passing the sovereignty of Parliament. Speaking at a press conference today UNP Working Committee member Dinouk Colombage claimed that the proposed GST bill will remove public finances and taxes from the purview of Parliament and place it under a Minister of the Government’s choosing. ?Historically the taxes of Sri Lanka have been the responsibility of Parliament, it is the legislature that decid

27 Jan, 2022

Parliament to remember Mangala on 11th February

Parliament is to remember late Foreign Minister Mangala Samaraweera on 11th February. Samaraweera died in August last year after contracting Covid. He passed away while receiving treatment at a private hospital in Colombo. The former Minister was 65-years old at the time of his death. Secretary General of Parliament Dhammika Dasanayake said that Parliament will convene again from 8th to 11th February. The decision was taken at the Committee on Parliamentary Business held on 21st January. A

27 Jan, 2022

Sri Lanka now considering negotiating IMF deal

Sri Lanka is in talks with bondholders to avoid default and is also now considering discussing a deal with the International Monetary Fund (IMF), Finance Minister Basil Rajapaksa has said. He told the London Financial Times that Sri Lanka is looking at all options to avoid default and alleviate the economic crisis. ?We have [international sovereign bonds] which we have to repay back, so we are negotiating with them. Then we have creditors and we have to service their debt, so whether we can ha

27 Jan, 2022