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Tharaka Balasuriya elected as Chair of Committee on Economic Stabilization

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State Minister Tharaka Balasuriya was unanimously elected as the Chair of the Committee on Economic Stabilization for the Fifth Session of the Ninth Parliament. The first meeting of the Committee on Economic Stabilization for the Fifth Session of the Ninth Parliament was held recently (01) in the Parliament.

State Minister – Kanaka Herath proposed the name of State Minister – Tharaka Balasuriya and MP C.B. Rathnayake seconded the proposal.

State Minister Tharaka Balasuriya held the Chairmanship of this Committee in the Fourth Session of the Ninth Parliament. Pointing out that the scope of the Committee on Economic Stabilization is the same as the scope of the Committee on Public Enterprises, the Chair emphasized that those scopes need to be changed. He also suggested that the scope of the committee should be expanded to cover all aspects of the economy.

However, since a final decision has not been taken regarding the change of those subjects, the Committee Chair pointed out that the members of the Committee and the relevant parties can discuss the changes further.

Accordingly, the committee decided to hold a special meeting in this regard in the future.

State Minister Kanaka Herath, Members of Parliament S.M Chandrasena, HMano Ganesan, C.B Rathnayake, Sivagnanam Shritharan, Hector Appuhami, Dr. Nalaka Godahewa and Akila Ellawala participated in this meeting.

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Keeri Samba shortage : 40,000MT of rice to be imported

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The government has recommended to import 40,000 MT of substitute rice to address the shortage of Keeri Samba in the local market.

Following the notification by the Consumer Affairs Authority that sufficient stocks of Keeri Samba are not available, the Food Security and Cost of Living Committee, which met at the Presidential Secretariat yesterday (June 25) made the above recommendation.

Accordingly, around 5,000 MT of rice will be imported through state institutions while the remaining will be imported by the private sector, the PMD said.

A decision was also made to continue purchasing Keeri Samba paddy at a price of Rs. 120 per kilogram through the Paddy Marketing Board and Sathosa in order to safeguard local farmers.

Discussions were also held regarding the provision of storage facilities for Corn required for Thriposha production and the importation of rice or broken rice or else alternative raw materials for beer and animal feed production.

Attention was drawn during the discussions to the production of corn based on consumer demand, as well as the production of canned fish, eggs and meat and importation of salt.

Fertiliser importation, stock maintenance, supply and distribution were also discussed. The progress of fertiliser distribution for the Yala season, the progress of issuing “Odapana” loans and the overall success of cultivation activities during the Yala season were reviewed as well.

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Indictments filed against Rambukwella family over 43 charges

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The Commission to investigate allegations of Bribery or Corruption (CIABOC) has filed indictments under 43 charges against  former Media, Health and Environment Minister – Keheliya Rambukwella and five other members of his family.

The indictments have been filed against the following accused, the first accused Keheliya Bandara Rambukwella, the second accused Priyadarshani Epa, the third accused Chamithri Jananika Rambukwella, the fourth accused Ramalee Rambukwella, the fifth accused Amali Rambukwella and the sixth accused – Isuru Bandara Polgasdeniya.

They were previously arrested over an investigation conducted under the Prevention of Money Laundering Act and were subsequently released on bail by the Colombo Magistrate’s Court.

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Annual bus fare revision to be announced after fuel price revision

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The National Transport Commission (NTC) has said that the annual bus fare revision will be announced after considering the fuel price revision scheduled for July 01.

Yesterday, transport authorities decided to reduce bus fares by 2.5% with effect from July 01.

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