Connect with us

News

Budget 2024 : Vote on 2nd reading today

Published

on

The voting on the Second Reading of 2024 Appropriation Bill is scheduled to be held today evening (Nov.21).

The budgetary proposals for the fiscal year 2024 were presented to Parliament by President Ranil Wickremesinghe on November 13, in his capacity as the Minister of Finance, Economic Stabilization & National Policies.

Following today’s vote, the Committee Stage or the Third Reading debate will be held for 19 days from tomorrow (Nov.22) until December.13 before the vote on the Third Reading of Budget 2024 is to be held at 6:00 p.m. on December 13.

News

Rains expected in several areas today

Published

on

By

Several spells of showers will occur in the Western, Sabaragamuwa and North-western provinces and in the Nuwara-Eliya, Kandy, Galle and Matara districts today (July 02), the Department of Meteorology said.

A few showers may occur in the Jaffna and Mannar districts.

Fairly strong winds of about 30-40kmph can be expected at times over the Western slopes of the central hills and in the Northern, North-central and North-western provinces and in the Trincomalee and Hambantota districts.

Continue Reading

News

IMF Executive Board approves Sri Lanka’s 4th review

Published

on

By

The Executive Board of the International Monetary Fund (IMF) completed the Fourth review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw about US$350 million, said Evan Papageorgiou, IMF Mission Chief for Sri Lanka.

This brings the total IMF financial support disbursed so far to about US$1.74 billion.

“The EFF arrangement for Sri Lanka was approved by the Executive Board on March 20, 2023 in an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion). The program supports Sri Lanka’s efforts to durably restore macroeconomic stability by (i) restoring fiscal and debt sustainability while protecting the vulnerable, (ii) safeguarding price and financial sector stability, (iii) rebuilding external buffers, (iv) strengthening governance and reducing corruption vulnerabilities, and (v) enhancing growth-oriented structural reforms.”

Continue Reading

News

Cabinet approval for online traffic fine payment system – Bimal

Published

on

By

Minister of Transport and Highways Bimal Rathnayake has said that Cabinet approval has been granted to implement an islandwide online traffic fine payment system.

He made this statement during a media briefing near the Kottawa Expressway entrance, following a public awareness programme on mandatory seat belt use for vehicles travelling on expressways.

“The Cabinet approved the proposal today. At present, the online fine payment system is available only between Kurunegala and Anuradhapura. Now, we’re providing all police units with mobile devices, so that from this year, traffic fines can be paid from anywhere via mobile phones… Rather than paying fines, we urge everyone to drive carefully, wear seat belts, and avoid violations. Our core message is simple, travel safely,” the minister has said.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved