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Candidates debate campaign spending limits

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A few key candidates, in their meetings with the Election Commission to decide on a ceiling on campaign financing, have sought to spend as much as Rs.1,000 for a voter according to the new law whereas some others have quoted as low as 50 cents, a source said.

There were also candidates who quoted Rs. 350 per voter.

The Commission called for a meeting yesterday to discuss the amount of money to be spent by candidates in the draw in terms of the new Campaign Finance Act which stipulates them to stick to a certain amount agreed upon with the election authorities and to declare their funding sources. The new law is implemented for the first time in this election.

At yesterday’s meeting, the Commission asked for rates on behalf of each candidate who submitted them in detail. The Commission is expected to announce its decision depending on rates quoted by each of them and declare an acceptable amount in a gazette notification to be issued within the next couple of days.

The candidates who sought the highest rate of Rs.1,000 for a voter have cited the involvement of helicopter rides in campaigning across the country and printing posters outsourced to overseas companies as a reason for the high cost.

A top source of the Commission said some lesser-known candidates quoted low rates purely due to political reasons.

“They have not taken into account the current cost of living in deciding on the campaign financing amount. There were others who said Rs.20 per voter will be enough as decided in view of the local authorities election declared earlier but not concluded,” he said.

After the President-elect is announced, each candidate is required to declare their funding sources within 21 days. After that, the Commission will audit and publicize funding enabling people to move court in case any candidate has exceeded the spending ceiling.

(dailymirror.lk)
(Except for the headline, this story, originally published by dailymirror.lk has not been edited by SLM staff)

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CBSL presents Financial Statements and Operations Report 2024 to President

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The Governor of the Central Bank of Sri Lanka (CBSL) – Dr. Nandalal Weerasinghe, officially handed over the Financial Statements and Operations Report 2024 of the Central Bank of Sri Lanka to President Anura Kumara Disanayake at the Presidential Secretariat today (April 29).

A copy of the report was also presented to Secretary to the President Dr. Nandika Sanath Kumanayake.

Several senior officials from the Central Bank were present at the occasion.

(President’s Media Division)

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30 injured in a bus accident in Beliatta

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30 persons have been injured in a head-on collision between a private bus and a SLTB bus near the Hettiarachchi bend in the Beliatta police division today (April 29).

Police said that the injured have been admitted to the Tangalle and Beliatta hospitals.

Further investigations are underway.

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Millions lost due to Kompanna Veediya flyover construction delay

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Minister of Transport, Highways, Ports and Civil Aviation – Bimal Rathnayake yesterday (April 28) visited construction site of the flyover being built from Baladaksha Mawatha near the Kompanna Veediya Police Station to Chittampalam A. Gardiner Mawatha, in Colombo, to inquire about the cause of its delay.

He pointed out that the government has been compelled to pay over Rs.400 million to contractors as delay charges and a significant daily loss of Rs. 500,000 is being incurred.

The flyover has been planned to be built from Baladaksha Mawatha near the Slave Island Police Station to Chittampalam A. Gardiner Mawatha, in Colombo.

Accordingly, 06 police residential quarters had to be removed, and as a result, the project was delayed for about 02 years.

According to the Transport Ministry, it was informed during the inspection tour that steps will be taken to promptly remove the police residential quarters, which have caused the delay.

Stating that the matter must be resolved immediately, the minister has instructed the relevant officials to ensure that the construction of the flyover is completed by the end of this year under any circumstances.

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