News
One third of first tranche of IMF bailout vaporised
Twenty four hours after Sri Lanka received USD 333 mn in terms of the agreement with the IMF, USD 121 was paid to India.State Finance Minister Ranjith Siyambalapitiya told a gathering at Ruwanwella that from the first tranche of the IMF bailout package, USD 121 million had been used to repay the first installment of the Indian credit line.
Sri Lanka received USD 1 bn Indian credit line early last year.
Responding to The Island’s query why IMF funds had been used to settle an Indian loan as the government repeatedly declared that repayment of loans were suspended pending debt restructuring, a ministry spokesperson said that the Indian credit facility was outside that scheme. It was a short-term facility and payments had to be made, the official said. (SF)
The Chartered Computer Institute of Sri Lanka was established in 1976 as the premier and sole body representing professionals in the Information and Communication Technology sector in Sri Lanka. It has recognized the importance of establishing the Sri Lanka Chartered Computer Association as the main professional organization to act on behalf of the interests of professionals representing the computer sector in Sri Lanka, which should be treated equally with other professional organizations that have obtained chartered status and other formal recognition.
Accordingly, taking into account a resolution furnished by the Hon. President, the Cabinet of Ministers has decided to grant policy approval for the establishment of the Chartered Computer Institute of Sri Lanka and to instruct the Legal Draftsman to prepare a draft bill in line with the proposed objectives.
it has become essential to introduce appropriate revisions to the Drug Dependent Persons (Treatment and Rehabilitation) Act No 54 of 2007 so that a proper formal mechanism can be maintained in treatment and rehabilitation.
Accordingly, considering a resolution forwarded by the Minister of Public Security and Parliamentary Affairs, the Cabinet of Ministers decided to grant the policy approval to revise the Drug Dependent Persons (Treatment and Rehabilitation) Act No 54 of 2007 and direct the Legal Draftsman to formulate a draft bill including the relevant amendments.
The Cabinet of Ministers approved the resolution furnished by the Minister of Agriculture, Livestock, Lands and Irrigation to appoint Mrs. O. T. M. I. Thilakarathne, the senior most officer in Sri Lanka Surveyors’ Service serving as an Additional Surveyor General of that Department to the Post of Surveyor General that will be vacant from 20.08.2026.
Charted Computer Institute of Sri Lanka to be established
Drug Dependent Persons (Treatment and Rehabilitation) Act No 54 of 2007 to be amendmend
Mrs. O. T. M. I. Thilakarathne appointed to the Post of Surveyor General
Purchase of 600 buses for intercity / long distance services of the Sri Lanka Transport Board
Protection of Historical, Cultural, and Traditional Intellectual Property related to the Kandy Esala Perahera
Development of roads which are not under the Road Development Authority
‘Dates have the highest sugar content to fight Coronavirus’
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