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Opposition boycotts President’s tea party, barring Eran and Welgama

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Opposition MPs, except SJB MPs Eran Wickremaratne and Kumara Welgama, boycotted the tea party hosted by President Gotabaya Rajapaksa after delivering his presidential policy statement in Parliament yesterday.

Opposition party members did not attend the party held at the Parliament restaurant as a sign of protest against the President, an opposition MP said. He said that many other opposition MPs proposed to boycott the event while others suggested that they should all dress in black but several leaders argued that they should be present in the House to respect the tradition. “We respected the tradition, not the man. Some of those who proposed did not attend the session,” the opposition MP said.

Around 20 opposition MPs in the opposition ranks were absent, while MP Radhakrishnan was seen wearing a black suit (SI)



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Shipment of 55,000 metric tonnes of MOP for paddy and coconut farmers

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The Cabinet of Ministers has decided to distribute 50% of the 55,000 metric tonnes of  Muriate of Potash fertiliser received as grant from the World Food Program (WFP)  to the farmers of paddy and other crop cultivations and the remaining 50% to the coconut cultivation farmers.

The ship carrying the said stock of fertilizer is scheduled to arrive in Sri Lanka on 10-12-2024 and it has been planned to conduct the formal ceremony to hand over the stock of fertilizer on the 12th of December.

 

 

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Moratorium on implementation of parate law by banks extended till 31st March 2025

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The Cabinet of Ministers has approved the proposal presented by  the President, in his capacity as the Minister of  Finance, Planning, and Economic Development, to extend the moratorium on implementation of parate law until 31-03-2025 and to prepare a multi-dimensional mechanism to solve this issue with the active contribution of all the parties including, Central Bank of Sri Lanka, government and private banks and other government institutions.

The economic crisis encountered by Sri Lanka during the previous 04 years has severely affected the small and medium sector entrepreneurs, and it has been reported that difficulties have arisen in settling the loans obtained from banks.

Under these circumstances, the properties of a considerable number of business persons have been taken over by the banks and auctioned because of the defaulting of loans. As a consequence, public auctioning of these properties have been temporarily terminated until 15-12-2024 through the amendments made to the Recovery of Loans by Banks (Special Provisions) Act, No. 4 of 1990.

 

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Cabinet approves appointment of officers to the higher management positions of the departments of the Ministry of Finance, Planning and Economic Development

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The Cabinet of Ministers has approved the proposal presented by the President in his capacity as Minister of Finance, Planning and Economic Development to make following appointments and attachments

Mr. M.K. Pradeep Kumara, a special grade officer of the Sri Lanka Administrative Service, who is presently serving as an Additional Director General of the Office of Comptroller General, to the post of Director General of the Department of Trade and Investment Policies.

Mr. P. M. K. Hettiarachchi, a grade I officer of the Sri Lanka Planning Service, who is presently serving as a Director of the Department of Development Finance, to the current vacant post of Director General of the same Department.

To attach,  Mrs. S. H. D. Kaluthantri, a special grade officer of the Sri Lanka Administrative Service, who is presently serving as a Director General of the Department of Management Services, to the Ministry of Public Administration, Provincial Council, and Local Government, enabling her to be appointed to another suitable post, and to appoint Mr. Wimal S.K. Liyanagama, a special grade officer of the Sri Lanka Administrative Service, who is presently serving as an additional director general of the Department of Trade and Investment Policy, to the vacant post of Director General of the Department of Management Services.

To reattach Mr. U.D.N. Jayaweera, a special grade officer of the Inland Revenue Service, who is presently serving as a Commissioner General of Excise on an acting basis, to the Inland Revenue Department and to appoint Mr. U.L. Udaya Kumara Perera, a special grade officer of the Inland Revenue Service, who is presently serving as a Senior Commissioner of the Inland Revenue Department, to the post of Commissioner General of Excise.

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