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Dubai assistance for Lankan rural schools
By Ifham Nizam
Sheikh Zayed Foundation of Dubai has agreed to help provide clean drinking water and toilets to rural schools in Sri Lanka upon the request of Sports Minister Namal Rajapaksa during his recent visit to the country.
It was the result of a successful discussion on enhancing friendship and cooperation between the two countries, between Minister Rajapaksa and President and Director General of the Sheikh Zayed Foundation, Hamad Salem Bin Kardous Al Ameri.
The Sheikh’s family in Dubai had also agreed to invest in projects in Sri Lanka.
“This is a great achievement for us to see such top investors willing to invest in Sri Lankan projects and businesses. Dubai has developed in a very short period of time,” Rajapaksa said.
Ameri pointed out that Sri Lankans were well received in the United Arab Emirates. Representatives of the Sheikh Zayed Foundation and Sri Lankan Ambassador to Dubai, Malraj de Silva were also present on the occasion.
The Cabinet of Ministers approved the proposal raised by the Minister of Health to reduce the maximum retail price of 60 medicines by 16% with effect from 15.06.2023 and review the price of medicines every three months
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Cabinet approval to publish draft bill on contempt of a court, a tribunal or an institution
The Cabinet of Ministers granted approval to the proposal submitted by the Minister of Justice, Prison Affairs and Constitutional Reforms for publishing the draft bill prepared by the Legal Draftsman which includes the clear and precise provisions and situational circumstances regarding the offense of ‘contempt of court’ , defense and easing the penalty as well as the procedure to follow when easing the penalty, in the government gazette and subsequently to be tabled in the Parliament for its concurrence.
The Cabinet of Ministers granted concurrence to the resolution forwarded by the Minister of Finance, Economic Stabilization and National Policies to remove most of the releases from Value Added Tax (VAT), further retaining releases that ease the pressure on low – income families to secure the fundamental sectors of the economy as well as the releases for sectors such as education, health and agriculture, as well as to revise the provisions applicable for the Value Added Tax (VAT) act so that the Simplified Value Added Tax (SVAT) methodology can be canceled with effect from 01.01.2024 by introducing a more formal methodology for repaying the Value Added Tax (VAT) and to instruct the Legal Draftsman to prepare a draft bill for the purpose.
Prices of sixty essential drugs to be reduced from 15th June
Cabinet approval to publish draft bill on contempt of a court, a tribunal or an institution
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