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New Anti-Corruption Act will hinder bribery, corruption - Dr. Mahanamahewa

Sri Lanka, May 16 -- Law Professor, Attorney Dr. Prathibha Mahanamahewa said that in parallel with the government's programme of introducing stronger rules and regulations than the existing ones to ca... Read More


Second phase of rice distribution for 3.4 Mn families by month end

Sri Lanka, May 13 -- The government has planned to distribute rice throughout the country in the last week of May under the second phase of the programme to provide relief to the low income earners. ... Read More


AKD does not have any idea about turnover tax - State Minister

Sri Lanka, May 9 -- Finance State Minister Shehan Semasinghe stated that VAT is anyway based on turnover and NPP leader Anura Kumara Dissanayake is talking about an additional turnover tax without any... Read More


Cabinet consent to be sought to pay estate workers' EPF arrears

Sri Lanka, April 30 -- State Minister of Finance and Plantation Enterprise Reforms Dr. Ranjith Siyambalapitiya stated that the President had consented to settle the EPF arrears owed to beneficiaries b... Read More


EPF INTEREST raised TO 13%

Sri Lanka, April 29 -- Higher than Parliament approved rate of 9% Over 2.7 million active members to benefit Finance State Minister Dr. Ranjith Siyambalapitiya yesterday said that the government has t... Read More


Finance Secretary gets one year extension

Sri Lanka, April 29 -- Finance Ministry Secretary Mahinda Siriwardena has been given a one year service extension from April 26 by President Ranil Wickremesinghe, who is also the Finance, Economic Sta... Read More


Rice import tax will not affect local farmers - State Minister

Sri Lanka, March 29 -- Finance State Minister Ranjith Siyambalapitiya announced that the government's decision to reduce the rice import tax from Rs.65 to Rs.1 per kilogram will not affect local farme... Read More


Government Executive Officers threaten to go on strike over pay issues

Sri Lanka, March 29 -- The Joint Committee of Government Executive Officers has decided to go on a symbolic strike for two days during the first week of April if the Government fails to provide a solu... Read More


"NPP will review IMF debt restructuring"

Sri Lanka, March 27 -- NPP Economic Committee Member Sunil Handunnetti stated that the current debt restructuring process with the IMF will be reviewed under a NPP government. Speaking during an inte... Read More


State employees to get remaining Rs. 5,000 of Rs. 10,000 allowance before April 10

Sri Lanka, March 26 -- Govt to bear additional Rs. 13 to Rs. 14 Bn annually 2.8 million low-income families to get 10 kilos of rice free in April and May State Minister for Finance Dr. Ranjith Siyamba... Read More