The report of the independent committee appointed by the Power and Renewable Energy Minister to study coal procurement for the Lak Vijaya coal power plant at Norochcholai has concluded that the total amount paid for the long term and spot tenders last year had resulted in a financial gain to the Government.
Leader of the Opposition R. Sampanthan says that even though some of the lands have been released by the military in North and East, much more could have been done by the Government in this matter and that the resettlement processes too could have been speeded up.
The Director General of the United Nations Educational, Scientific and Cultural Organization (UNESCO), Irina Bokova, who is currently visiting Sri Lanka, visited a number of historically and culturally significant locations in Polonnaruwa including the Gal Viharaya and Vatadage on Sunday (14). She was accompanied by Education Minister Akila Viraj Kariyawasam and other officials.
Prime Minister Ranil Wickremesinghe said that it is time for a new human resource policy to go hand in hand with the economic development plan which will be outlined soon.“Skilled human capital is essential to harness the key advantages of Sri Lanka like the strategic geographic location, create one million jobs, meet growth aspirations of Read More
The Sri Lankan rupee was steady on Friday as dollar sales by foreign investors and exporters were offset by mild demand for the importer greenback, dealers said.The spot rupee ended at 145.50/53 per dollar at 0636 GMT, compared with Thursday’s close of 145.50/52.
The Cabinet of Ministers has decided to include the “Swiss challenge” procedure in the government procurement guidelines to be followed on unsolicited proposals. A Swiss challenge is a form of public procurement which requires an authority which has received an unsolicited bid to publish the bid and invite third parties to match or exceed it.
Finance Minister Ravi Karunanayake told Parliament that the government expects 671 million US dollar worth surplus in the overall balance of payment account for 2016. Karunanayake said the government forecasts around 11,374 million US dollars of foreign exchange earnings and 10,703 million US dollars foreign exchange payments for this year.
Hon. Speaker, The Office on the Missing Persons’ Bill, which we will be debating today (11) in this House, I believe heralds a new beginning, a new era of peace and reconciliation for our long suffering country. 68 years after Independence, two youth insurrections, and a 26 year old war, Sri Lanka is now ready Read More
The Asian Development Bank (ADB) will give a 128 million US dollar loan for the greater Colombo water and wastewater management improvement investment program to assist achieve providing safe water and full sanitation coverage.
Cabinet of Ministers has approved the purchase of new fighter aircraft following a proposal by President Maithripala Sirisena who is also the defense minister, reports said. A JF-17 fighter, jointly developed by China and Pakistan, would cost at least 20 million dollars, and Sri Lanka is reportedly considering this aircraft.
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