Subjects for some key Ministries changed

IMF expects new Inland Revenue Act by June

The International Monetary Fund (IMF) has reached a staff-level agreement with Sri Lankan authorities on the second review under an economic reform program supported by a three-year Extended Fund Facility arrangement. The IMF said today that after constructive discussions with the authorities during the visit to Colombo in March, and more recently during the Spring Meetings, an IMF staff team?reached a staff-level agreement with Sri Lankan authorities on the second review under an economic refo

03 May, 2017

JVP demands President to abolish executive powers as promised

The Janatha Vimukthi Peramuna (JVP) today demanded President Maithripala Sirisena to abolish the Executive Presidency as promised before he won the 2015 election. JVP leader Anura Kumara Dissanayake said that the main election pledge given by the Government was that the executive powers of the President will be abolished. He said that through the 19th Amendment the Government only amended the powers of the Executive Presidential system. “But the President was given a mandate to abolish the?Ex

03 May, 2017

Tamil-Canadians urged to invest and support Sri Lanka

Tamil-Canadian business owners from Toronto who visited their Sri Lankan homeland have returned urging fellow community members to invest in the island and support its Government, Inside Toronto reported. Their appeal ? unthinkable during the three decades of Sri Lanka?s civil war ? came after March meetings with Sri Lankan leaders who, the investors say, admit the Government was partly responsibility for the war and the suffering it caused. ?They feel the guilt now. They?ve been contributing,

03 May, 2017