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COPE chair criticizes Mahaweli Authority

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The Committee on Public Enterprise evaluates the current performance of the Mahaweli Authority following the Auditor General’s Report of 2020 & 2021.

Professor Ranjith Bandara, Chairman of the Committee on Public Enterprise took exception at the outdated ‘Vision’ statement and Key Performance Indicators of the Authority following consistent failure to deliver its services with integrity and quality.
The Chairman began proceedings with a stern look at the inability of the body to ‘raise the living standards of the citizens’ – a mantra clearly highlighted in the body’s vision statement. He directed the Director-General of the Mahaweli Authority to examine its policy and practices and re-invent the fundamentals of the body itself to reflect the modern world better. On this note, the Committee further queried the lack of digital infrastructure in the land reservation process and directed the Authority to take measures to strengthen it.

Regarding the conveyance of lands, the Committee directed the Authority to submit the following:
• Report on existing land conveyance procedure to be submitted within 02 weeks.
• Report on how lands conveyed for investment purposes was completed including details of the investor, purpose of investments, etc. to be submitted within 02 weeks.
• Report on illegal constructions taking place within the purview of the body to be submitted within 01 month.

Following an incongruence between the annual report submitted to parliament and the data sought out by the Auditor General’s office, an urgent report of all lands released in 2022 was requested. This comes on the heels of the President’s directive where a stay order was made on the issuance of lands.

The Recruitment Process Management was scrutinized, and it was found that there were vacancies that had not been filled up owing to suspected reservations for promotions to the existing staff internally. The Chairman of COPE immediately directed that the vacancies be filled within the next 60 days.
The Committee directed that all issues be revisited for review and accountability on 21-07-2023.

(Prof.) Ranjith Bandara, M.P., (Chair), Hon. Jagath Pushpakumara, Hon. Janaka Wakkumbura M.P., M.P, Hon. Shantha Bandara, Hon. Mahindananda Aluthgamage M.P., Hon. Dayasiri Jayasekera M.P., Hon. Eran Wickremaratne M.P., Hon. Jayantha Samaraweera M.P., Hon. Sanjeeva Edirimanna M.P., Hon. Jagath Kumara Sumithraarachchi, M.P., Hon. (Major) Sudarshana Denipitiya, M.P., Hon. Premnath Dolawatte, Attorney-at-Law M.P., Hon. M Rameshwaran, M.P., Hon. (Mrs.) Rajika Wickramasinghe, M.P., Hon. Madhura Withanage, M.P., Prof. Charitha Herath M.P. were present

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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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Kristalina Georgieva to head IMF for a 2nd term

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

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