News
Govt. targets revenue increase of Rs 900 bn in 2023
By Shyam Nuwan Ganewatta
The government expects to increase its revenue by 65% in 2023 and 90% of it is to come from taxes, state minister of finance, Ranjith Siyambalapitiya says.
Siyambalapitiya said yesterday that in 2023 government revenue would increase to 13% the GDP from current 8.5%. The government revenue had to increase by Rs 900 billion. he said.
The government would present Budget 2023 on 14 Nov., he said.
However, eight cases had been filed against government measures aimed at raising state revenue, the State Minister said.
“This is unfortunate. We really need to boost government revenue,” he said, adding that the state expenditure had been estimated at Rs 7.8 trillion for 2023.
“This is an increase of 29.2% or Rs. 1.7 trillion, compared to 2022. We plan to spend Rs. 432 billion on health, Rs. 504 billion on education and Rs. 572 billion on social welfare. About 69% of families are asking for state assistance,” he said.
The State Minister added that the government had to increase revenue to ensure that services to the public could be maintained. “Taxation is the easiest way to ensure that the government can do this. However, we are looking at other ways too,” he said
The High Court has convicted 14 of the 24 men accused of being directly involved in the 2019 Easter Sunday bombings, which killed 279 people.
The three-judge bench read out its decision on Tuesday after a five-year trial and said sentencing would take place later, the AFP news agency reported.
The charges included murder and conspiracy to commit terrorism.
Nine others were acquitted, while another defendant was found guilty of only some of the charges, the court said.
[Aljazeera]
By Shamindra Ferdinando
The ruling NPP yesterday (21) dismissed claims of a widening rift, within the government, over the proposed 22nd Amendment. Asked whether the NPP was concerned over a section of the Opposition alleging Prime Minister Dr. Harini Amarasuriya and two dozen MPs taking a view contrary to that of the party in this regard, authoritative party sources said some persons were propagating speculation for their own interest.
Declaring that there was absolutely no issue regarding the controversial Amendment, sources emphasised once it was tabled in Parliament, it would be passed with 2/3 majority.
Sources dismissed claims that out of its 159-member parliamentary group a section of NPPers was opposed to the government move. According to an influential Opposition activist, there are 57 JVPers and 66 NPPers in the government group and the rest contested the last parliamentary polls, having aligned with the JVP.
Ministerial sources told The Island that the government was confident of going ahead with the 22nd Amendment and Judicature (Amendment) Bills. Sources said that the NPP was not bothered about the Opposition protests in and outside Parliament.
Speaker Dr. Jagath Wickremaratne is expected to disclose the confidential ruling that he received from the Supreme Court in respect of more than 65 petitions for and against the 22nd Amendment and Judicial Amendment Bills. The enactment of the 22nd Amendment would pave the way for extending the retirement age of Supreme Court judges, from 65 to 67 years, and Court of Appeal judges, from 63 to 65 years.
President Anura Kumara Dissanayake has appointed Court of Appeal Judge Mayadunna Sri Mevan Anthony Edirimannasuriya Corea as the Acting President of the Court of Appeal.
The appointment has been made as President’s Counsel Nalin Rohantha Abeysuriya, who currently serves as President of the Court of Appeal, will be overseas until the 24th.
Accordingly Justice Mayadunna Corea was sworn in as Acting President of the Court of Appeal before President Anura Kumara Dissanayake at the Presidential secretariat last morning (21).
Secretary to the President Dr Nandika Sanath Kumanayake was also present at the occasion.
High Court convicts 14 over deadly Easter bombings
Mandhana, Shafali and Ghosh lead dominant India to Asian Games gold
Fatima Sana and Umm-e-Hani secure bronze for Pakistan in Asian Games
India bat first in Asian games womens cricket final
Showers about 100mm will occur in the Western, Sabaragamuwa, Central and North-western provinces and in Galle and Matara Districts
Govt. confident of 2/3 majority despite NPP split speculation
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
#SundayIsland 17th December – Headlines
Sunday Island – 28th March
Sunday Island Headlines – 21 March
Sunday Island – 21st February – Headlines
-
News6 days agoUS embassy won’t comment on IGP’s probe into joint drug raid
-
News5 days agoBid for Basil’s extradition nears final stage: Police
-
News4 days agoShanakiyan urges urgent action over reported death sentence for Lankan in Saudi Arabia
-
Business6 days agoAll-new Bolero MaXX unveiled in Sri Lanka
-
News3 days agoNamal Rajapaksa Buddhist gambit fails, bail denied
-
Opinion6 days agoA journalist who wrote across the divide
-
Editorial7 days agoMore fuel price shocks shrouded in secrecy
-
Features3 days agoWhy the spelling Sri Lankan names in English vary