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PM blames ‘last administration’ for country’s current crisis

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Prime Minister Ranil Wickremesinghe told Sky News that “the last administration is to blame” for the country’s current crisis.Protesters have clashed with police in Sri Lanka’s capital, Colombo, as people demanded the resignation of the President and new Prime Minister.Demonstrations in the capital have been ongoing for the last two months as the public blames the country’s leadership for corruption and mishandling the economy.The Prime Minister said that the last administration “ran down the economy”.

“We have come to a point where we are bankrupt – which has never happened to Sri Lanka before,” he said in an interview with Sky News following his controversial appointment last week.

“We have no dollars, we have no rupees.”

On whether the President should resign, the veteran politician said it’s a “controversy” as the country is of split opinion.He added: “I suggested that after Sri Lanka passes the 21st amendment, the country should restore the original 19th amendment strengthening parliament – strengthening the powers of the prime minister.

“Then, all party leaders and the president should have a discussion and come to some arrangement on the future.”

Meanwhile, the recent unrest across the country has been sparked amid the country’s worst economic crisis since independence from Britain in 1948, which has been blamed on a combination of COVID, rising oil prices and populist tax cuts by the president and his brother, until recently the prime minister.

“I can understand the anguish of the protesters – the young and the old,” Mr Wickremesinghe said.

“The young who see their future being taken away, and the old, who are suffering, the middle class, who see their lifestyle collapsing… farmers without fertiliser.

“There are many demonstrations outside police stations, petrol stations and other places. And it shows the anger, the despair, and the hopelessness that the people feel.”

He said that people, at the moment, “can’t bear the burden any longer”.

“We are certainly not in a very stable position,” he said.

Police have now arrested more than 800 people nationwide who are accused of ransacking property, looting and setting fire to MPs’ houses on 9 May.But human rights lawyers say in some cases police are jailing people who were out on the streets watching what was happening, rather than actively taking part in violence.The prime minister went on to say that the country faces a possibility of a food crisis due to the lack of fertiliser.Sri Lanka is near bankruptcy after announcing it had suspended up to $7bn (£5.6bn) in foreign loans due to be repaid this year because of a foreign currency crisis.It has led to limited imports with no gas in petrol stations. Other fuel, cooking gas, medicine and foods are in short supply forcing people to stay in long lines to buy the limited stocks.

“We are feeling the rise in the price of fuel – and we know it will go higher,” he said.

“Our main concern also is that we have not had fertiliser for cultivation, and this coming season, the rice cultivation season will not have the full production.

“Therefore from about August onwards, there is a possibility of a food crisis in Sri Lanka. That’s about the time when the global food crisis will also take place, and we will see how we will survive until about March next year.” – Sky News



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Concessionary priced food packages for new ‘Aswesuma’ applicants from 01st to 13th April

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In keeping with the proposal  by the President in his 2025 budget,  for the provision of a package essential goods at a concessionary price during the Sinhala and Tamil New Year Festival season, it has been planned to provide a food package containing essential food items valued at Rs. 5000/- for only Rs. 2,500/-.

It is expected to select appropriate beneficiaries from among the 812,753 candidates who have submitted new applications for Aswesuma benefits.

Accordingly, the Cabinet of Ministers approved the proposal furnished by the Minister of Trade, Commerce, Food Security and Cooperative Development jointly with the Minister of Agriculture, Livestock, Lands and Irrigation to take necessary steps to provide the food package to the beneficiaries through the Lanka Sathosa outlet network and COOPFED outlets from 01.04.2025 to 13.04.2025

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Salary revision of the Government Service – 2025

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The Cabinet of Ministers have decided as follows considering the resolutions submitted by the President in his capacity as the Minister of Finance, Plan Implementation and Economic Development along with the Minister of Public Administration, Provincial Councils and Local Governments on payment of salaries according to the revised salary scales with effect from 01.04.2025 based on the resolution furnished by the President for revising the salaries of government service by the budget 2025;

• To empower the Secretary to the Ministry of Public Administration, Provincial Councils and Local Governments to issue circular instructions to the the secretaries of all the Ministries, Local Government Secretaries and Heads of Departments in regard to salary revisions of the government service.

• To empower the Secretary to the Ministry of Finance, Plan Implementation and Economic Development to issue circular instructions for state corporations, statutory boards and fully government owned companies and other institutions.

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Amendment of the Companies Act No. 07 of 2007 to be Gazetted

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Approval of the Cabinet of Ministers has been granted to amend the Companies Act No. 07 of 2007 for remedying the shortcomings related to the transparency according to the international standards for prevention of money laundering, financing terrorism and other illegal activities.

Accordingly, the draft bill prepared by the Legal Draftsman has been revised as per instructions provided by the Attorney General subject to the special decision of the Supreme Court No. SC/SD/92/2024 and clearance of the Attorney General has been granted for the final draft bill prepared by the Legal Draftsman.

The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Trade, Commerce, Food Safety and Cooperative Development to publish the aforementioned draft bill in the government gazette notification and subsequently submit to the Parliament for its concurrence.

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