Politics

Best anti-corruption law in S.Asia will be passed in Parliament this year   President Ranil Wickremesinghe said that the necessary steps will be taken to pass the best anti-Corruption Act in South Asia in Parliament soon. The President revealed that…

Aliraja to buy state-owned shares in Telecom & Lanka Hospitals!     It was reported that Lycamobile owner Subaskaran Aliraja, who has become the ultimate owner of three radio and television channels in Sri Lanka, has offered to buy state-owned…

Sri Lanka receives first tranche of IMF bailout   The Ministry of Finance has received the first tranche of the Extended Fund Facility (EFF)  form the International Monetary Fund (IMF). Accordingly, Secretary to the Ministry of Finance Mahinda Siriwardena confirmed…

Won’t allow country to collapse: President   Delivering a special statement in Parliament a short while ago on the International Monetary Fund (IMF) Extended Fund Facility (EFF), President Ranil Wickremesinghe said he would not allow the country to collapse even if he…

Funds lost due to public sector engaging in business –  President   President Ranil Wickremesinghe said that due to the public sector engaging in business activities, the money that was available for the construction of 100 projects similar to the…

Fuel price relief: Update from Minister   During a statement in Parliament today, Power and Energy Minister Kanchana Wijesekera announced that there will be a considerable decrease in fuel prices next month. The minister also said that relief will be…

SL, no longer deemed bankrupt by the world – President     President Ranil Wickremesinghe has emphasized that Sri Lanka is no longer deemed bankrupt by the world. In a special statement following the approval of the extended credit facility…

Proposal to conduct Law College exams in English defeated in Parliament     The gazette notification issued to make it compulsory to conduct Law College examinations only in English, was defeated in Parliament by 113 votes. All government and opposition…

China calls on commercial & multilateral creditors to take part in SL debt restructuring   China has called on commercial and multilateral creditors to take part in Sri Lanka’s debt restructuring under the principle of fair burden-sharing. Chinese Foreign Ministry…

NEWS Sagala emphasizes on accountability of public officials   Recovering from the challenging situation that the country is currently facing, requires a significant emphasis on the accountability of public officials in matters such as financial control, anti-corruption measures, and adherence…