ECONOMYNEXT – Sri Lanka leader Ranil Wickremesinghe’s presidential election campaign is facing a dilemma over coalition due to rivalry parties with different political ideologies, sources said. President Wickremesinghe is yet to announce his candidacy for the presidential poll which is…
ECONOMYNEXT – Sri Lanka’s State Transport Minister Lasantha Alagiyawanna sees privatization of railways would be the permanent solution to prevent inconvenience faced by the public due to strikes by railway employees. Alagiyawanna’s comments come after millions of people faced inconvenience…
ECONOMYNEXT – The parliament’s Committee on Public Finance has recommended that the controversial GBS-IVS, VFS Global visa deal be abrogated or revised and the award of the deal without tenders should be forensic audited, its Chairman Harsha de Silva said.…
The Committee on Public Finance (COPF), chaired by Dr. Harsha de Silva, has released a critical report revealing major discrepancies in the procurement process and agreement with the Consortium comprising GBS Technology Services, IVS Global-FZCO, and VF Worldwide Holdings Ltd.…
ECONOMYNEXT — The Committee on Public Finance (COPF) has passed Sri Lanka’s Public Financial Management bill which would replace the Fiscal Management (Responsibility) Act, COPF chairman and MP Harsha de Silva said. The MP tweeted Thursday July 11 afternoon that…
ECONOMYNEXT — The Committee on Public Finance (COPF) has passed Sri Lanka’s Public Financial Management bill which would replace the Fiscal Management (Responsibility) Act, COPF chairman and MP Harsha de Silva said. The MP tweeted Thursday July 11 afternoon that…
ECONOMYNEXT – Sri Lanka has established a Department of Cinnamon Development in Karandeniya, Galle, and awarded GAP and GI certificates to selected cinnamon entrepreneurs. “After 200 years, we are re-establishing this department to revive the development of cinnamon cultivation in…
ECONOMYNEXT – Sri Lanka’s lawmaking process has no public engagement, including expert consultation which leads to laws with serious shortcomings being passed, a legislator who was a former ministry secretary said. “We have to create an avenue for the people…
ECONOMYNEXT – Sri Lanka’s lawmaking process has no public engagement, including expert consultation which leads to laws with serious shortcomings being passed, a legislator who was a former ministry secretary said. “We have to create an avenue for the people…
Non-executive government employees, who reported for duty on July 8 and 9, 2024, will be granted a special salary increment as a token of appreciation for their dedication during a challenging economic period. This increment was approved by the Cabinet…
