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CBSL issues clarification on salary hike

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The Central Bank of Sri Lanka (CBSL) has issued a clarification on the recent salary hike within the institution which had led to widespread criticism.

The clarification is as follows :

Central Bank of Sri Lanka (CBSL) has taken note of recent news reports in the media on comments and remarks attributed to some Members of Parliament at recent proceedings of the House with regard to the latest revision of remuneration of employees of the CBSL that were approved by the Governing Board under the triennial Collective Agreement entered into with the Trade Unions covering the period 2024- 2026.

In this regard, the Governing Board at its meeting held on 21.02.2024, requested the Governor of CBSL, acting in terms of the Section 80 (2) (b) of the Central Bank of Sri Lanka Act No. 16 of 2023, to make a written request to Honorable President in his capacity as the Minister of Finance, through whom the CBSL normally communicates with Parliament, to seek an opportunity to apprise the Members of the Parliament through an appropriate parliamentary committee of the process and rationale pertaining to the recent revision of remuneration of CBSL staff. The Governor has accordingly made a written request on 22.02.2024.

CBSL will explain its position upon being offered the requested opportunity or on receipt of a request for information.

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SC concludes hearing petitions against ‘Sri Lanka Electricity Bill’

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The Supreme Court has concluded its hearing of the petitions filed challenging the proposed Sri Lanka Electricity Bill, which includes proposed reforms for the electricity sector.

Accordingly, the court announced that it will inform the determination to the Speaker of Parliament confidentially.

The petitions were heard before the three-member Supreme Court bench consisting of Justices Vijith Malalgoda, Shiran Gunaratne and Arjuna Obeysekera for three consecutive days.

The petitions were submitted by 14 parties including the secretary of the Ceylon Electricity Workers’ Union, Ranjan Jayalal.

(adaderana.lk)

 (This story, originally published by adaderana.lk has not been edited by SLM staff)

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Donald Lu calls on President Ranil

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United States’ Assistant Secretary Bureau of South and Central Asian Affairs, Donald Lu, called on President Ranil Wickremesinghe today (May 13) at the Presidential Secretariat.

During the meeting, extensive discussions were held regarding Sri Lanka’s economic recovery strategies. President Wickremesinghe’s unwavering dedication and commitment to implementing the economic reform program was highly appreciated. 

The President was accompanied by the Senior Advisor on the National security and Chief of Staff, Sagala Ratnayaka, Secretary to the President, Saman Ekanayake, United States Ambassador to Sri Lanka Julie Chung and Director of International Affairs, Dinouk Colombage.

(President’s Media Division)

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Concessionary vehicle permits: MPs have their way, ignoring economic crisis

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Despite the cost of living sizzling at red hot levels and the country being cash- strapped, the House Committee of Parliament has endorsed the proposal to offer concessionary vehicle permits for MPs as requested by them, a top source said.

The source familiar with the decision said the committee which looks into the requirements of the MPs positively considered the request by them for such permits in line with the similar facilities offered to executive graders in different categories of the public service.

The MPs , numbering more than 100 and representing different parties, submitted a letter to Speaker Mahinda Yapa Abeywardena asking for permission to import vehicles with no duty for their use.

Following the approval by the House Committee, the Speaker is expected to write to President Ranil Wickremesinghe who is authorized to execute the decision as the Finance Minister.

After constitution of every Parliament, the MPs are given vehicle permits . However, the MPs elected to the current Parliament at the 2020 general election did not get the benefit due to the economic crisis and the ban on vehicle imports to save foreign exchange.

The government is now mulling the possibility of lifting the ban. The MPs are likely to get permits once the ban is lifted only.

In the past, there were reports about the MPs selling off their permits and earning multimillion rupee revenue each.

(dailymirror.lk)

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

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