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Finance Secretary acknowledges concerns about national economy

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Committee on Public Finance meeting in progress (pic courtesy Parliament)
 

Tax evasion dominates Public Finance Committee meet

On behalf of the Samagi Jana Balavegaya (SJB) Dr. Harsha de Silva has inquired from Secretary to the Ministry of Finance. Dr.  S.R. Attygalle whether the country is facing an economic crisis as claimed by Minister of Energy Udaya Gammanpila at a meeting of the Committee on Public Finance in Parliament on Monday. 

The Finance Secretary has replied that in spite of certain economic problems that might arise given the current situation, every effort will be made to manage the economy. This was said at the meeting of the Committee on Public Finance, chaired by senior parliamentarian  Anura Priyadarshana Yapa.

The following is the text of a statement issued by the Communications Department of the Parliament, yesterday, regarding Monday’s CPF meeting.”The Committee on Public Finance granted approval on Monday to issue Rs. 1,000 billion Treasury Bills, under the Local Treasury Bills Ordinance which is scheduled to be presented to Parliament for approval by the Hon. Minister of Finance.

The Committee on Public Finance chaired by Anura Pryadarshana Yapa met yesterday (21) in Parliament. Government officials were connected online for the meeting in accordance with health regulations given the prevailing COVID-19 situation.

State Minister Susil Premajayantha, and Members of Parliament Dilan Perera, Prof. Ranjith Bandara, Mujibur Rahman, Dr. Harsha de Silva, Anupa Pasqual, Isuru Dodangoda, Nalin Fernando were present at the Committee meeting held.

Secretary to the Treasury, Ministry of Finance S.R. Attygalle expressing his views stated that an increase to Rs 3,000 billion from the current limit of Rs. 2000 billion is thus expected.

He  said that this does not imply that the money will be spent within the coming 06 months and that everything will be managed within the borrowing limit approved by the Parliament.

The Committee also approved two regulations to be tabled in Parliament under the, No. 1 of 1969 Imports and Exports (Control) Act presented to Parliament on 08.06.2021.

Secretary to the Treasury, Ministry of Finance further stated that given the context where tax relief has been granted for imported vehicles under the category of special purpose vehicles, this opportunity given is often misused.

The Secretary pointed out that the Government incur a great loss in terms of tax revenue as it has now been identified that vehicles imported under the category of special purpose vehicles are being used as ordinary purpose vehicles.

He further explained that last year alone, 947 freezer trucks were imported and that it has been reported that most of the imported freezer trucks remove the refrigerators after importation and used them as ordinary lorries. Accordingly, steps have been taken to revise the relevant taxes by these regulations.

Expressing views, Parliamentarian Nalin Fernando stated that a situation of tax evasion on technical matters pertaining to the margarine importation has also risen. The Secretary to the Ministry of Finance told the Committee that this is expected to be done in the future under a new methodology.

Parliamentarian Dr. Harsha de Silva, inquired from the Secretary to the Ministry of Finance regarding a statement made by the Minister of Energy Udaya Gammanpila regarding notion that the country is currently in an economic crisis. Responding to it the Secretary to the Ministry of Finance stated that despite certain economic concerns that may arise given the current situation, every effort will be made to manage such concerns properly.

Further, the proposal to increase the salaries and allowances of the members including the Chairman of the Office of the Missing Persons which was rejected at the last Committee meeting was approved at the Committee meeting held yesterday after taking all factors into consideration.

 

 



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Sajith warns country is being dragged into authoritarian rule 

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Sajith Premadasa

Opposition and SJB Leader Sajith Premadasa has alleged that the current government is attempting to suppress freedom of expression and media freedom to lead the country towards authoritarian rule.

In a video message on Thursday (25), Premadasa said that in a democratic country, the four main pillars safeguarding democracy are the legislature, the executive, the judiciary, and the independent media, but, at present, the government is using the police to violate both the democratic rights of the people and the rights of police officers themselves.

He said that the government is working to establish a police state that deprives citizens of their right to access truthful information.

“For democracy to be protected, media freedom must be safeguarded, and space must be given to independent media. Instead, the government is interfering with the independent media process, using the police to suppress and intimidate independent media,” he said.

He noted that even when independent media present their views based on reason, facts, and evidence, the government attempts to suppress them. Such actions, he said, amount to turning a democratic country into a police state. “Do not suppress the voice of the silent majority, the independent media,” he urged.

Premadasa emphasised that independent media represent the voice of the silent majority in the country and must not be suppressed.

“Media repression is a step towards authoritarian rule, and the people did not give their mandate to create an authoritarian regime or a police state. If the government attempts to abolish democratic rights, the Samagi Jana Balawegaya will stand as the opposition against it,” he said.

The Opposition Leader further alleged that the government was interfering with police independence, stating, “Political interference has undermined the independence of the police, making it impossible for them to serve impartially. Suppressing freedom of expression is an attempt to lead the country towards authoritarian rule.”

Premadasa pointed out that the media has the right to reveal the truth, and interfering with that right is a violation of the rights of 22 million citizens.

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Wholesale mafia blamed for unusually high vegetable prices  

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Vegetable prices at the Peliyagoda Manning Wholesale Market surged to unusually high levels yesterday (26), raising concerns among consumers as the festive season drives up demand. The situation is expected to persist over the next few days, a spokesman for the Manning Market told The Island.

He said a sharp increase in the number of buyers visiting the wholesale market, ahead of upcoming festivities, had resulted in a sudden spike in demand, prompting wholesale traders to raise prices significantly. The price hikes have affected a wide range of commonly consumed vegetables, placing additional pressure on household budgets.

According to market sources, the wholesale price of beans climbed to Rs. 1,100 per kilogram, while capsicum soared to Rs. 2,000 per kilogram. Green chillies were selling at around Rs. 1,600 per kilogram. Prices of other vegetables, including beetroot, brinjal (eggplant), tomatoes, bitter gourd, snake gourd and knolkhol, also recorded unusually high increases.

The spokesman alleged that despite the steep rise in prices, vegetable farmers have not benefited from the increases. Instead, he claimed that a group of traders, who effectively control operations at the wholesale market, are arbitrarily inflating prices to maximise profits.

He warned that if the relevant authorities fail to intervene promptly to curb these practices, vegetable prices could escalate further during the peak festive period. Such a trend, he said, would disproportionately benefit a small group of middlemen while leaving consumers to bear the brunt of higher food costs.

By Kamal Bogoda ✍️

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Cyclone-damaged Hakgala Botanical Garden reopened with safety measures

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Hakgala Botanical Garden

The Hakgala National Botanical Garden, which was closed in the aftermath of Cyclone Ditwah, has been reopened to tourists from yesterday, the Ministry of Environment indicated.

The Ministry said the reopening was carried out in accordance with recommendations and guidelines issued by the National Building Research Organisation (NBRO) and the DisasterManagement Centre (DMC) after safety assessments were completed.

However, due to the identification of hazardous ground conditions, several areas, within the garden, have been temporarily restricted. These include the pond area, near the main entrance, and access roads leading towards the forest park where potential risks were observed. Warning signs have been installed to prevent visitors from entering these zones.

To ensure the safety and convenience of both local and foreign visitors, the garden’s management has introduced a special assistance programme, with staff deployed to guide and support tourists.

The Hakgala Botanical Garden was closed as a precautionary measure during the disaster situation triggered by Cyclone Ditwah. The Ministry noted that the garden has now been safely reopened, within a short period, following remedial measures and inspections, allowing visitors to resume access while maintaining necessary safety precautions.

By Sujeewa Thathsara ✍️

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