News
Will new dispensation revisit MCC agreement with USA?

State Minister of Finance Shehan Semasinghe told Parliament yesterday that no decision had been taken to seek a grant from the Millennium Challenge Corporation (MCC).
State Minister Semasinghe said that the government under Gotabaya Rajapaksa had decided against going ahead with the agreement with the US.
However, he added that a new government has the right to decide on the matter.
The Minister said that so far the current administration had not discussed the MCC grant.
He said so when SJB Badulla District MP Chaminda Wijesiri asked whether the government was planning to sign the MCC agreement.
MP Wijesiri alleged that there were plans to hand over state assets to China, or India on the pretext of debt restructuring.
The Minister said there were no links between the debt restructuring process with China and the MCC agreement.
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Russian Embassy, Russian House, unveil plaque at Public Library in honour of 80th anniversary of victory day

The Russian Embassy in Sri Lanka and the Russian House in Colombo unveiled a plaque at the public library Colombo today (29th April) in honour of the 80th anniversary of victory day.
Victory Day is celebrated on the 9th of May, the day Nazi Germany was defeated in World War II. It is an important date in the Russian calendar and an integral part of Russian culture.
The plaque was jointly unveiled by the Ambassador of the Russian Federation in Sri Lanka Lenav Dzhagaryan and Ms Maria Popova Counsellor of the Russian Embassy in Sri Lanka and Director of the Russian House in Colombo
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Ministerial committee appointed to review and further enhance ‘State Commercial Enterprises Management draft bill’

It has been recognized that the state enterprises should be re – structured and maintained with proper administration with the assistance of local or foreign investments without being a continuous burden to the General Treasury and the country’s economy. Therefore, it is the policy of the new government to introduce an efficient and accountable mechanism in the regard. An initial draft named “State Commercial Enterprises Management Draft Bill” has been already prepared to introduce a new legal framework required for maintaining after performing necessary restructuring and with proper management of government owned business companies. Thereon, it will be possible to totally free the state entrepreneurship establishments from political influences and appoint professionals with proficiency for its board of directors.
Accordingly, the Cabinet of Ministers approved the proposal furnished by the President in his capacity as the Minister of Finance, Plan Implementation and Economic Development to grant policy approval of the Cabinet of Ministers for the said initial draft and appoint a special committee with the following composition to submit appropriate proposals for further enhancing after reviewing the initial draft:
• Hon. (Dr.) Anil Jayantha Fernando, Minister of Labour and the Deputy Minister of Economic Development – (Chairman)
• Hon. Sunil Handunneththi Minister of Industries and Entrepreneurship
• Hon. Wasantha Samarasinghe Minister of Trade, Commerce, Food Security and Co – operative Development
• Hon. (Dr.) Harshana Sooriyapperuma Deputy Minister of Finance Plan Implementation
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Thilak Nandana Hettiarachchi appointed Commissioner General of Official Languages

The Cabinet of Ministers granted approval to the proposal submitted by the Minister of Justice and National Integration to appoint Thilak Nandana Hettiarachchi, a special grade officer in Sri Lanka Administrative Service who served in the post of Additional Secretary of the Ministry of Buddha Shasana, Religious and Cultural Affairs, to the post of Commissioner General of Official Languages with immediate effect.
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