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Strengthening bilateral ties: Ambassador Kananathan meets Liberian President Boakai
Sri Lanka’s Ambassador Kana Kananathan met with President Joseph Boakai of the Republic of Liberia, marking a significant bilateral engagement between Sri Lanka and Liberia. This meeting took place at the Executive Mansion in Monrovia, underscored the commitment to enhancing diplomatic and economic cooperation between the two countries, said a release from the Embassy.
It said: Celebrating 15 years of diplomatic relations, President Boakai highlighted the potential for new areas of cooperation through increased bilateral interactions. He noted the global economic challenges exacerbated by the recent COVID-19 pandemic and commended President Ranil Wickremesinghe for his swift and effective measures in stabilizing Sri Lanka’s economy following the 2022 crisis. President Boakai praised President Wickremesinghe’s leadership and strategic initiatives as exemplary for other countries seeking pragmatic solutions.
Ambassador Kananathan reaffirmed his dedication to enhancing trade, investment, and economic cooperation between Sri Lanka and Liberia. President Boakai recalled the invitation extended to Ambassador Kananathan by the Government of Liberia to serve as an election observer for the presidential elections in October 2023, highlighting that such involvement strengthens bilateral ties and upholds democratic values in both countries.
The interaction aimed to strengthen the bonds of friendship and collaboration between Sri Lanka and Liberia. Both parties agreed to work together towards building meaningful partnerships and fostering closer economic cooperation.Liberia, rich in natural resources, has historically attracted significant foreign investments in iron ore, diamonds, and gold mining.
News
Formulation of a Draft Economic Development Bill to expedite the process of Digital Transformation and Digital Economic Development
It is essential to establish an institutional framework with legal powers to ensure the effective implementation of national digital policy and guidelines.
Quality human capital should be attracted to this institutional framework for the compilation of policies, implementation of policies, regulation, and empowerment of operations. The continuous participation of the private sector should also be considered in establishing a strong institutional framework.
It has been further identified that attention should also be
drawn to new fields of digital innovation, including support for artificial intelligence and related activities.
Taking into consideration the aforementioned matters, a concept paper has been formulated to prepare a Draft Economic Development Bill for the establishment of a new institutional framework.
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the President in his capacity as the Minister of Digital Economy to instruct legal draftsman to formulate a Draft Economic Development Bill based on the aforementioned concept paper.
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Cabinet approval for Sri Lanka Community and Health Survey – 2026/2027
The Sri Lanka Community and Health Survey is the main data source for obtaining necessary information for reviewing progress toward achieving the national health development goals, as well as the expected sustainable development goals by 2030.
The last survey was conducted in the year 2016, and the Sri Lanka Community and Health Survey should be conducted to obtain updated data to enable the collection of related data and indicators concerning the health and well-being targets of the Global Sustainable Development Objectives.
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning, and Economic Development to take necessary steps to conduct the aforementioned survey.
News
A National Water Tariff Policy for all Water Supply and Sanitation Services
The access to secure, reliable and affordable drinking water and adequate sanitation facilities is essential to maintain public health, promote social well-being and foster economic development.
The Sri Lankan Government recognizes water supply and sanitation services as both an economic good and a basic human need. Therefore, when pricing for water and sanitation, a balance should be maintained between the financial sustainability of the service providers and the requirement to ensure fair and affordable access for all strata in the society.
Accordingly, the Sri Lankan government has identified the necessity of a national water supply that is sensitive to gender equality and social integration applicable to all water supply and sanitation service providers. At present, there is no formal national framework for setting, reviewing, approving, and implementing tariffs for water supply systems operated by various water supply providers as well as for setting, reviewing, approving, and implementing tariffs for sanitation systems.
Therefore, the Ministry of Housing, Construction, and Water Supply has formulated a water tariff policy covering all water supply service providers under the Sri Lanka Water Supply and Sanitation Sector Reform Program, which is a policy-based loan program implemented under Asian Development Bank funds.
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