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Recover stolen funds before taxing middle class – CBK

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Former Sri Lankan President Chandrika Bandaranaike Kumaratunga (CBK) has called on the government to prioritize recovering stolen wealth from the Rajapaksa family before resorting to tax increases, particularly for the middle class.

In a recent statement, CBK acknowledged the need for government revenue but argued against burdening the middle class with additional taxes.

She pointed to Sri Lanka’s low tax rate compared to other countries and suggested focusing on recouping lost funds instead of increasing taxes.

“People who earn money don’t want to give because of the habit of giving everything here,” she said, highlighting the cultural context of tax compliance. “But I am against charging these taxes to the middle class.”

CBK offered a specific solution: investigating and recovering money allegedly stolen by the Rajapaksa family and stashed abroad.

“The World Bank has ways to get them,” she stated. “If the looted money is recovered, the people would not have to pay taxes like this.”

(News 1st)

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GCE O/L results out within 10 days

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Examination Commissioner General Amith Jayasundara said yesterday (23) the results of the GCE Ordinary Level Exam 2023 (2024) will be released within the next 10 days.

He stated that efforts will be made to release the exam results within this week and if it is not possible, the results will be definitely released within ten days.

(dailynews.lk)

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

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Non-academic staff of schools to take TU action

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The non-academic staff of government schools have announced a decision to engage in a Trade Union action by reporting sick today (June 24) and tomorrow (25).

According to the Education Non-Academic Employees’ Union, the TU action is being carried out in the North Central, and North Western provinces and Kandy District today (24) .

General Secretary of the association Ajith K. Thilakarathne stated that the trade union action is being carried out based on several demands including a national policy for non-academic staff in the education sector.

Meanwhile, the National Organizer of the Principal Service Union – Sisira Rajapakse has announced that a nationwide strike has been planned for June 26.

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New State Minister sworn in

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MP Sathasivam Viyalendiran was sworn in as the State Minister of Trade and Environment before President Ranil Wickremesinghe at the Presidential Secretariat a short while ago, the President’s Media Division (PMD) said.

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