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PSD security for Iranian President!

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It is reported that the Presidential Security Division has taken over the security of the visiting Iranian President – Ebrahim Raisi, who will arrive at Sri Lanka on April 24 for the inauguration of the Uma Oya project.

The Iranian President is to land at Mattala Airport and escorted to Uma Oya before being escorted to Colombo for a discussion with his Sri Lankan counterpart.

A special discussion with regard to the visit had been reportedly held yesterday (April 18) between officials of the Defence Ministry and Ministry of Foreign Affairs.

It was also previously reported that the US had voiced opposition against the Iranian President’s visit.

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Compulsory retirement scheme for fertilizer companies approved

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Cabinet approval has been granted for a Compulsory Retirement Scheme for staff to be implemented in relation to amalgamation of Ceylon Fertilizer Company Limited and Colombo Commercial Fertilizer Company Limited.

So far 267 employees have given consent to be retired under the Compulsory Retirement Scheme to be implemented for their employees in relation to amalgamation.

Accordingly, the Cabinet of Ministers granted approval to the proposal furnished by the Minister of Agriculture and Plantation Industries to implement the Compulsory Retirement Scheme has been approved.

Cabinet also approved to  spend Rs 844 million from the funds of the two fertilizer companies for execution of the proposed Compulsory Retirement Scheme subject to the recommendations of the Officials Committee appointed with the chairing of the Secretary to the Prime Minister on retiring under the scheme of voluntary pension scheme of excess employees in state enterprises.

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Committee to study salary anomalies in govt. service

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Cabinet has approved a proposal to appoint a specialist committee to act regarding salary anomalies in the government service. 

A press release by the Government Information Department said that the committee is being appointed considering the constant concerns raised by employee groups and trade unions on salary anomalies among various employee groups in the government service.

The specialist committee will study the salary anomalies and submit a report so that the said anomalies can be rectified by the Budget 2025, the government said. 

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Samurdhi community based banks & banking Societies to be subjected to Govt. Audit

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Cabinet has approved a proposal to draft legislation to subject Samurdhi Community Based Banks and Samurdhi Community Based Banking Societies to Government Audit. 

There are 1092 Samurdhi Community Based banks and 335 Samurdhi Community Based banking Societies functioning across the country to promote microfinance activities. 

As per the provisions of the Samurdhi Act, the Samurdhi Community Based banks and Samurdhi Community Based banking societies are audited annually by the Internal Audit Division of the Samurdhi Development Department. However, the Samurdhi Act does not include the provision that they should be audited by the National Audit Office. 

It has been recognized that auditing the Samurdhi Community Based Banks and Samurdhi Community Based banking Societies by the National Audit Office will also help maintain transparency in their operations and increase public confidence and acceptance.  As such, the Cabinet of Ministers approved the proposal presented by the Hon. President in his capacity as the Minister of Women,   Affairs and Social Empowerment to amend the Samurdhi  Act No.1 of 2013 as amended by Divineguma (Amendment) Act No. 2 of 2017 and to advise the legal draftsman to prepare  the respective bill for this purpose.

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