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Proposed social, economic and political reforms should be implemented to build a prosperous and productive Sri Lanka – President
President Ranil Wickremasinghe in his New Year message said that the proposed social, economic and political reforms should be implemented to build a prosperous and productive Sri Lanka in the coming decade.
The full text of the President’s New Year message:
We are looking at the New Year 2023 after having undergone the bleakest of times, immense hardships, as well as the uncertainties and hopelessness of the last year. I understand the great burdens that are placed on all of us and the setbacks that a majority of us have suffered due to the country’s abject economic collapse. Yet I believe that we have already gone through the worst of these times. I sincerely appreciate all of you who are committed to our country first and I thank you for your patience and courage as we took the critical, initial steps to stabilise the economy.
Indeed, 2023 will be a critical year in which we plan to turn around the economy.
2023 is also the 75th year of independence from the British Empire. Looking back, it is obvious that we have not done as well as other ex-colonies. This is why the youth of our country are calling for a system change – especially at this juncture. This cannot be ignored.
Therefore, we must boldly implement proposed social, economic and political reforms to build a prosperous and productive Sri Lanka in the coming decade.
I wish all of you a happy and peaceful new year!
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.
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.
Latest News
Cabinet approves submission of the orders imposed under the Regularization of Fertilizer Act No. 68 of 1988 for the concurrence of the Parliament.
The charges to be paid when obtaining a license for import of fertilizer, manufacturing or processing under the Regularization of Fertilizer Act No. 68 of 1988 has been declared by the orders published in the extraordinary gazette No. 1683/5 dated 06.12.2010.
Approval of the Cabinet of Ministers has been granted at the meeting of the Cabinet of Ministers held on 05.02.2024 in order to timely amend the declared charges by the said orders. Accordingly, the orders formulated by the Legal Draftsman has been published in the extraordinary gazette notification No. 2398/13 dated 20.08.2024.
Therefore, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Agriculture, Livestock, Lands and Irrigation to submit those order for the concurrence of the Parliament as per the provisions of the Regularization of Fertilizer Act No. 68 of 1988.
Salary revision of the Government Service – 2025
Amendment of the Companies Act No. 07 of 2007 to be Gazetted
Cabinet approves submission of the orders imposed under the Regularization of Fertilizer Act No. 68 of 1988 for the concurrence of the Parliament.
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