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China signs agreement with SL to grant 600 million RMB yuan to be utilised in high priority areas here
China has signed an agreement with Sri Lanka to grant LKR 16.5 billion (600 million RMB yuan) to be utilised in high priority areas here such as medical care, education and water supply in rural areas of Sri Lanka, to ensure the well-being of her people in a post-COVID era.
The Chinese Embassy, in Colomb, yesterday said in a media statement that the agreement had been signed by S.R. Attygalle, Treasury Secretary of the Ministry of Finance of Sri Lanka and Wang Xiaotao, Chairman of China International Development Cooperation Agency (CIDCA) on the sidelines of member of the Political Bureau of the Central Committee of the Communist Party of China (CPC,)Yang Jiechi’s visit to Sri Lanka.
The embassy said that both President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa appreciated the gesture on behalf of the Sri Lankan Government and people.
Jiechi, and Mahinda Rajapaksa went through other Chinese grant projects such as the National Nephrology (Kidney Disease) Hospital in Polonnaruwa and the new Out-Patient Department (OPD) of National Hospital in Colombo etc. and expressed their satisfaction on the good progress despite the COVID-19 pandemic.
The Paddy Marketing Board has approximately 115,000 metric tonnes of paddy stocks purchased from farmers, which are currently stored in the Board’s warehouses, and it has been planned to retain a sufficient buffer stock from these reserves and sell the remaining quantity in order to provide the necessary storage space and financial resources for the purchase of paddy from farmers during the upcoming Yala season.
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to sell the aforementioned paddy stocks
following a formal tender procedure.
The Promotion of Export Agriculture Act, No. 46 of 1992 provides the legal provisions for regulating and promoting the export agriculture sector in this country.
Taking into consideration administrative changes and sectoral developments that have taken place over time, approval was granted at the Cabinet Meetings held on 2023-09-04 and 2025-08-11 to amend the said Act, which has not been updated for over 30 years.
The proposed amendments are intended to amend the designations of the Head of the Department of Export Agriculture and other officials, and to provide a clearer definition of the term “the export agricultural crop.”
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to publish in the Government Gazette the Draft Export Agriculture Promotion (Amendment) Bill, prepared in all three languages by the Legal Draftsman to amend the Export Agriculture Promotion Act, No. 46 of 1992, and thereafter submit the same to Parliament for its concurrence
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Ms. M.K.D.N. Madampe, appointed as Director General of the Department of Management Services
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 appoint Ms. M.K.D.N. Madampe, an officer of the Sri Lanka Administrative Service in the Special Grade who is currently serving as an Additional Director General of the Department of Management Services, to the post of Director General of the Department of Management Services with immediate effect.
Cabinet approves sale of Paddy stocks held by the Paddy Marketing Board
Amendment to the Promotion of Export Agriculture Act, No. 46 of 1992 to be gazatted
Ms. M.K.D.N. Madampe, appointed as Director General of the Department of Management Services
Cabinet approves collaboration agreement between Sri Lanka and Brazil for the implementation of the “Sugarcane Project in Sri Lanka”
Cabinet approval for Implementation of a Project for the Joint Exchange of Genetic Resources between Sri Lanka and Vietnam and the Development of High-Yielding and Salinity-resilient Rice Varieties.
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