News
Prez appoints renumeration committee to review CBSL pay hike issue
President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, has appointed an independent remuneration committee to review the recent increase in staff remuneration at the Central Bank of Sri Lanka (CBSL).
The committee members include Dinesh Stephen Weerakkody, Arjuna Herath, Dr Indrajit Coomaraswamy, Sudharma Karunarathne, Anthony Nihal Fonseka, Anushka S Wijesinha and Duminda Hulangamuwa.
A press release issued from the President’s Media Division said that this appointment has been made in response to mounting pressures from MPs and the Committee on Public Finance (CoPF). This committee will review the salary hike based on the recommendations delineated in the CoPF report on CBSL salary revision.
The CoPF report, as presented to Parliament by Dr. Harsha de Silva, Chair of the Committee, says that while CBSL retains autonomy, it is imperative for it to be answerable to Parliament, particularly amidst prevailing economic challenges confronting the nation.
Furthermore, the committee is tasked with formulating a transparent formula for future revisions to CBSL staff remuneration, thereby fostering equity and transparency in the salary framework.
CoPF also recommended that a report on the same be submitted within four weeks and that CBSL defer the salary increase until a mutually acceptable solution is arrived at, based on the findings of the report.
Following the conclusion of bilateral discussions between President Anura Kumara Disanayake and Prime Minister of India, Shri Narendra Modi, official-level talks between the delegations of Sri Lanka and India commenced this morning (05) at the Presidential Secretariat in Colombo.
Representing the Government of Sri Lanka were Prime Minister Dr. Harini Amarasuriya, Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath; Minister of Labour and Deputy Minister of Economic Development, Anil Jayantha; Secretary to the President Dr. Nandika Sanath Kumanayake; Governor of the Central Bank of Sri Lanka, Dr. P. Nandalal Weerasinghe, along with other senior officials.
The Indian delegation included Minister of External Affairs Dr. S. Jaishankar, National Security Advisor Ajit Doval, Foreign Secretary Vikram Misri and His Excellency Santosh Jha, High Commissioner of India to Sri Lanka, along with several other senior officials of the Government of India.
Indian Prime Minister Shri Narendra Modi, who arrived in Sri Lanka on the invitation of President Anura Kumara Disanayake on Friday [04] night, visited the Presidential Secretariat this morning (05).
The Indian Prime Minister was warmly welcomed by President Anura Kumara Disanayake upon his arrival at the Presidential Secretariat.
Prime Minister Modi is currently on a state visit to Sri Lanka, reaffirming the theme “Friendship of Centuries — Commitment to a Prosperous Future” which symbolises the longstanding ties between Sri Lanka and India. The Indian Premier is scheduled to remain in the country until tomorrow (06).
[PMD]
The official welcoming ceremony for Indian Prime Minister Narendra Modi, was held this morning (05) at the Independence Square in Colombo.
On arrival at the Independence Square the Indian Prime Minister was warmly welcomed by President Anura Kumara Disanayake.
Discussions between Sri Lankan and Indian delegations at the presidential secretariat
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Indian Prime Minister Shri Narendra Modi arrives at the presidential secretariat
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