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Country’s Development-Driven Economic Program set to commence on January 1 – President
President, Ranil Wickremesinghe, addressing the centenary celebration of the Government Valuation Department held at Solis Hotel in Pitakotte today (06), announced the initiation of a ground-breaking economic program set to kick off on January 1.
The President said that adopting new economic reforms was imperative and reiterated that the nation cannot afford to persist with out-dated systems. He highlighted that the hardships endured over the past years should not be passed down to the next generation, asserting that the only viable course of action is to embrace the proposed economic changes.
Reflecting on the recent economic challenges, President Wickremesinghe acknowledged the concerted efforts that rescued the country from financial distress over the past 18 months and commended the heads of public institutions and the workforce for their dedication. He cautioned against complacency, warning that without prudent management of the current economic stability, the nation might face another crisis within the next decade. The President advocated for a shift towards a digital economy, citing the necessity of employing modern economic methodologies.
The event was attended by, State Minister for Finance Ranjith Siyambalapitiya, State Minister for Mass Media Shanta Bandara, Chief Government Valuer Pushpa Muthukumarana, Post Master General Ruwan Satkumara and employees of the Government Valuation Department.
Latest News
Half a million people join protests in France, but some turn violent
An estimated 550,000 people took part in demonstrations across France today to protest against teaching conditions in schools, rising fuel prices and the cost of living.
Marches were largely peaceful and took place in several major French cities, including Paris, where 110,000 people attended.
“We just want to study, we just want a future” one student taking part in the protest in the capital told BBC News, while another said they were ” just trying to make things change”.
But French Interior Minister Laurent Nunez said some groups “at the margins of these protests” caused the situation to “degenerate”.
According to the French Prime Minister Sébastien Lecornu, 1200 people were arrested. Officials also reported looting in cities such as Marseille, where masked 8ntruders also entered the city hall. In Lyon, the tourist office was set on fire and shops were damaged.
French President Emmanuel Macron said any vandals and looters would be “prosecuted and punished”, while Jean-Luc Mélenchon, the leader of left-wing party La France Insoumise, said demonstrations had been calmly mobilised.
Meanwhile, firefighters are continuing to battle a blaze at Limoges City Hall after a reported break-in and arson inside the 19th-century building during protests there.
(BBC)
Latest News
Deadly fire breaks out at Canada military base
A large fire near a Canadian military base in Alberta has killed and injured some people, the defence minister said, without confirming the number of casualties.
The Canadian Armed Forces were working with local authorities to manage the fire and were looking into what caused it, David McGuinty said, describing the situation as “very, very active and delicate”.
Canada’s Prime Minister Mark Carney said on X that a “serious incident creating a major fire” had occurred, adding his “thoughts are with all the brave women and men affected”.
Canadian Forces Base Wainwright, where the fire broke out, is one of the country’s busiest military training bases.
The blaze “spread rapidly due to high winds” and had torn through the fences of the base, the Municipal District of Wainwright said.
McGuinty told reporters he “cannot recall an incident like this in recent memory”.
It is unclear when the fire broke out, but the district first posted about the incident at about 17:30 local time.
Local authorities have urged residents to avoid the area and give all emergency vehicles right of way.
(BBC)
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Achintha smashes 1,500 metres record at All Island Schools Games
The Asian Youth Games gold medallist who has run sub four minutes previously returned a time of 3:55.97 seconds to become the first athlete in his age category at these championships to run the distance under four minutes.
Achintha who has a personal best of 3:53.05 from last year was representing Prince College Ratnapura today.
In another impressive 1,500 m feat Tharushi Abhisheka of Lyceum International School, Wattala established a new meet record in the Under-20 Girls’ 1,500m as she returned a time of 4:34.59 seconds to win.
By the end of the second day of the meet seven new meet records had been established.
D. V. C. de Soysa (of Galewela Central College) Under-16 Boys’ Discus Throw – 55.83m.
D. G. Lahiru Achintha (of Ratnapura Kumara Vidyalaya) Under-18 Boys’ 1,500m – 3:55.97 secs.
W. P. Nethula Induwara (Rahula College, Matara) Under-14 Boys’ 100m – 11.70 seconds
K. V. R. Gayesha (Ira Handa Kotuwa Wewa Maha Vidyalaya, Polonnaruwa) Under-16 Girls’ High Jump – 1.70m
H. M. D. S. Herath (Maris Stella College, Thimbirigaskatuwa) Under-20 Boys’ Long Jump – 7.65m
P. M. Amaya Semindi (Vijitha Central College, Dikwella) Under-14 Girls’ High Jump – 1.58m
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