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Received letter of assurance from China’s Exim Bank last night – President

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Received letter of assurance from China’s Exim Bank last night – President

Delivering a special statement in Parliament, President Ranil Wickremesinghe has said that the Government has received the letter of assurance from China’s Exim Bank last night (06).

He added that the Letter of Intent signed by the Central Bank Governor and himself was sent to the IMF last night itself.

“We have fulfilled our duties…I hope the IMF duties will be done by the third or fourth week of this month,” he said.

Noting that the government took many extremely difficult economic measures to stabilize the economy and efforts are now being made to ensure economic growth, he noted that the suffering caused by this continues for everyone in society.

Strong action

While apologizing as a government for the hardships the people have had to undergo in meeting the IMF’s conditions for restructuring,  the President also sought cooperation from the opposition and warned that if the restructuring process is sabotaged, the government will not hesitate to take strong action.

In his address to parliament, the President further said that with the provision of fertilizer, the country achieved a successful harvest during Yala and Maha seasons, & the export of agricultural products has gained a fair degree of normalcy & economic problems since June 2022 have been resolved to some extent.

He also said that the government implemented various measures such as providing essential commodities, uninterrupted electricity supply, fertilizer to farmers, and additional funds for Samurdhi beneficiaries & restored tax policies implemented in 2019 to improve revenue as the emergency tax cuts implemented earlier led to a decrease in government revenue.

The President also noted that although the unfavourable conditions in the country in 2022 resulted in an unsuccessful tourism industry, there are indications that the situation is improving this year.

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Internal disputes delay LG member lists

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Due to various issues that have arisen within many political parties during the selection of members for LG bodies, submission of name lists to the Election Commission (EC) are being delayed, reports say.

As a result, the establishment of LG bodies is expected to be delayed further.

In this backdrop, the EC has instructed all political parties and independent groups to submit their name lists within a week.

The gazette on the newly appointed members will follow only after the EC receives all lists.

(Source : Lankadeepa)

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Ministry cancels Br. Charles’ program at Padeniya temple

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The Ministry of Buddhasasana, Religious and Cultural Affairs has issued a letter over a program organized by Br. Charles Thomas.

The relevant program is scheduled to be held today (May 17) at the historic Padeniya temple and is allegedly scheduled to be held in a manner that is harmful to Buddhism.

The letter notes that the Deputy Minister has taken steps to cancel the program following complaints from various parties, citing strong displeasure expressed by the local Buddhist community.

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Applications open for A/L Vocational stream

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The Ministry of Education, Higher Education and Vocational Education has announced that applications are now open for admissions for Grade 12 students for the Advanced Level (A/L) Vocational stream subjects.

According to the Ministry, the vocational stream will be offered in 608 schools starting this year.

The Ministry further clarified that students who have not passed the GCE Ordinary Level (O/L) examination will still be eligible to apply, as O/L results will not be a determining factor for admission to this stream.

For this, students need to submit an application to the principal of the school they wish to enroll in.

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