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Launches Rs. 20 billion project to rehabilitate 1,500 km of roads

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A project to rehabilitate 1,500 kilometers of roads across the country will begin at Divisional Secretariat level at a cost of Rs.20 billion today.

The aim of this project is to restore the road system that has been seriously damaged due to non repair as a result of the Covid-19 epidemic and the economic crisis that prevailed in the last two or three years in the country.

“We have also given priority to rehabilitate the road network that has been destroyed due to the landslides and floods caused by the recent torrential rains,” Road Development Authority Director General Sardha Weerakoon said.

Following these circumstances, this year’s budget has allocated funds for the rehabilitation of 1,500 km of roads in the country.

The Transport and Highways Ministry will implement this project in three phases, the Director General said.

He said that the rehabilitation work of 500 km of roads will start today, while the second phase of rehabilitating 500 km of roads and the third phase of rehabilitating 500 km of roads will begin on March 16 and April 2 respectively.

The Director General further stated that this project will be initiated by the chairpersons of the Regional development committees in every Divisional secretariat in the country today under the supervision of the Road Development Authority.

Sorce – dailynews.lk

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Forests on state lands to be designated as reserves

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The Ministry of Environment has decided to designate several forests located on state owned lands as official forest reserves.

Deputy Minister – Anton Jayakody has stated that such forests, each spanning 05 hectares or more, have been identified in every district.

Special priority will be given to designating forest reserves on mountain peaks.

In the first phase, 20 forests in districts including Monaragala and Ampara have been selected under the new program named ‘Vanaspathi’,  he said.

He further said the initiative aims to protect these forest areas and expand the country’s forest cover.

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No cases filed against 22 banned pyramid schemes – CBSL

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Although the Central Bank of Sri Lanka (CBSL) has banned 22 institutions operating illegal pyramid schemes, no legal action has been taken against any of them so far, according to reports.

This was disclosed during a workshop held at the CBSL yesterday (July 08) on the dangers of pyramid schemes.

According to CBSL officials, after initial investigations, the files were handed over to the Criminal Investigation Department (CID) for further inquiry.

The CID’s Financial Crimes Unit has reportedly completed its investigations and submitted findings to the Attorney General’s Department, which is responsible for filing cases.

However, it was noted that not a single case has been filed to date.

The CBSL states that investigations will be continued against companies engaged in these illegal practices and hopes at least one or two such cases would be filed by the end of this year or early next year (2026).

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NPP’s Nishantha Jayaweera sworn in as MP

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U. D. Nishantha Jayaweera was sworn in as a National People’s Power (NPP) National List Member of Parliament before the Speaker of the House – Dr. Jagath Wickramaratne, today (July 09).

He fills the Parliamentary seat left vacant following the resignation of Dr. Harshana Suriyapperuma last month.

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