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State institutions presented with Gold & Silver COPA awards

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President Ranil Wickremesinghe said that the program carried out by the Committee on Public Accounts (COPA) has led to an increase in the efficiency of the public sector in Sri Lanka. 

The President expressed his gratitude to its Chair State Minister Lasantha Alagiyawanna, and all who worked towards it.

Accordingly, 833 government institutions were evaluated, and for the year 2019, 15 selected institutions were given gold awards and 30 institutions were given silver awards, and for 2020, 15 selected institutions were given gold awards and 30 institutions were given silver awards, totaling 90 awards each. The presenting of awards was presided over by the President.

Accordingly, awards will be presented under the categories of main Expenditure Units of Government, Government Ministries, Government Departments, District Secretariats, Provincial Council Funds, Provincial Ministries / Departments / Special Expenditure Units, Provincial Authorities, Municipal Councils, Urban Councils and Provincial Councils.

Based on the concept of the Committee on Public Accounts of the Eighth Parliament, the Evaluation Program for State, Provincial Council and Local Government Institutions started in the year 2016 based on the 2015 fiscal year, with the aim of streamlining the finances and performance of the government institutions.

More than 1000 government institutions including Ministries, Departments, Provincial Councils and Divisional Secretariats joined the award ceremony through Zoom technology.

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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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