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Expressing strong opposition to the proposed domestic debt restructuring programme announced by the government, Prof. G. L. Peiris, MP, yesterday (26) accused the Wickremesinghe-Rajapaksa administration of being insensitive and irresponsible in addressing the issue. Instead of working on a social security net to protect the needy, the government was taking a dangerous path that would […]
A Fundamental Rights (FR) petition has been filed before the Supreme Court seeking an order preventing the government from waiving off the loans obtained from the Employees Provident Fund (EPF) and Employees Trust Fund (ETF), during the domestic debt restructuring process.
දින දෙකක් පුරා ආණ්දෝලනයකට ලක්වෙමින් තිබූ දීරග බැංකු නිවාඩු ලබාදීම පිටුපස තිබෙන රහස දේශීය ණය ප්රත්ව්යූහගත කිරීමට අදාල සැලසුම් අනුමත […]The post ආණ්ඩුව ගොළුවෙයි – EPF රුපියල් ට්රිලියන 3.4කට හා බැංකුවල ට්රිලියන 3.5කට කරන්න යන්නේ මොනවාද? appeared first on Lanka Truth | සිංහල
[…]The post Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? appeared first on Colombo Telegraph.
By Saman Indrajith State Minister of Finance Ranjith Siyambalapitiya told Parliament on Tuesday that compelling creditors to take a haircut was not the only way to restructure domestic debt. Measures such as debt moratoria, reductions in interests and delayed payments could also be adopted to restructure domestic debt, Siyambalapitiya said. “We have not decided to […]
The Sectoral Oversight Committee on Foreign Employment and Labour has recently directed the Central Bank to submit a report detailing the institutions in which funds belonging to the Employees Provident Fund (EPF) have been invested. In addition, the committee has decided to summon experts
Opposition MP Dr. Harsha de Silva has highlighted the critical considerations surrounding Domestic Debt Optimisation and its impact on the members of the Employees Provident Fund (EPF). Speaking on behalf of the Opposition, recently, de Silva emphasised the need to prioritize the interests of EPF
සේවක සුබසාදනය වෙනුවෙන් සේවක අර්ථසාධක සහ සේවක භාරකාර මුදල් ගෙවීම සිදුකරන්නේ ආයතන අසූදහසකට අඩු ප්රමාණයක් බව අමාත්ය මනූෂ නානායක්කාර මහතා පවසනවා. රටේ ඕනෑම ආයතනයක එක් පුද්ගලයෙකු වෙනුවෙන් හෝ එම මුදල්The post EPF , ETF ගෙවන ආයතන 80,000කට අඩුයි appeared first on ITN News.
ජාත්යන්තර මූල්ය අරමුදලේ (IMF) නියෝග මත දේශීය ණය කපා හැරීමේ ක්රියාවලිය තුළ විශේෂයෙන්ම සේවක අර්ථ සාධක අරමුදලට (EPF) එල්ල වී […]The post දේශීය ණය කපා හැරීම – EPF එකට තිබෙන සැඟවූ අනතුර මහ බැංකුවෙන් එලියට appeared first on Lanka Truth | සිංහල | Latest and Breaking News from Sri Lanka.
කොළඹ මහේස්ත්රාත් අධිකරණ අංක 05හි තිබූ සේවක අර්ථසාධක අරමුදලේ හා සේවක භාරකාර අරමුදලේ ලිපිගොනු කිහිපයක් පසුගිය සඳුදා කිනයේ සිට අතුරුදන්ව […]The post කොළඹ මහේස්ත්රාත් උසාවියෙන් EPF, ETF නඩු ෆයිල් අතුරුදන් appeared first on Lanka Truth | සිංහල | Latest and Breaking News from Sri Lanka.
By Shamindra Ferdinando The Opposition yesterday (08) lambasted Speaker Mahinda Yapa Abeywardena for what it called a move to disrupt the Committee on Public Finance (CoPF) ahead of the vote on a Bill titled ‘Central Bank of Sri Lanka.’ Top spokespersons for the Nidahas Janatha Sabhawa (NJS) Prof. G.L. Peiris, MP, and the main Opposition Samagi […]
By Rathindra Kuruwita President Ranil Wickremesinghe was under the impression that he could scare Sri Lankan institutions into submission and force an economic recovery with his presidential powers, Sri Lanka Freedom Party (SLFP) General Secretary, MP Dayasiri Jayasekera said yesterday in Colombo. Jayasekera said that the government was trying to restructure domestic debt, as per […]
The Ceylon Electricity Board (CEB) is likely to be broken into 14 privately owned enterprises. Chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Ratnayake said that with the proposed amendments to the Electricity Act the CEB will be broken into 14 privately owned enterprises. He claimed that the Norachcholai coal power plant […]
Tuesday 2nd May, 2023 Another May Day has come and gone. The organisers of the International Workers’ Day celebrations, in this country, rarely mention the Haymarket Riot in Chicago (1886), and benefits that accrued therefrom to workers the world over, much less commemorate the brave workers who have laid down their lives in the US […]
The Resolution for the implementation of the arrangement under the Extended Fund Facility (EFF) of the IMF for Sri Lanka was passed in Parliament by a majority of 95 Votes with 120 voting in favour and 25 voting against. Except for AHM Fowzie all other SJB members were not present in the chamber at the […]
දේශීය ණය ප්රතිව්යූහ ගත කරන ලෙස ජාත්යන්තර මූල්ය අරමුදල ලබා දී තිබෙන දැඩි නියෝගය හමුවේ මුල් වටයේදී සේවක අර්ථ සාධක […]The post IMF කොන්දේසි මත EPF සල්ලි කෝටි 70,000ක් බිලි දෙයිද? appeared first on Lanka Truth | සිංහල | Latest and Breaking News from Sri Lanka.
The Resolution for the implementation of the arrangement under the Extended Fund Facility (EFF) of the IMF for Sri Lanka was passed in Parliament by a majority of 95 votes with 120 voting in favour and 25 voting against it. The Parliamentary debate on the agreement reached with the IMF started after President Ranil Wickremesinghe made […]
Steps are being taken to prepare the new integrated labour law to avoid the complexities of the existing employment statutes, Minister of Labour and Foreign Employment, Manusha Nanayakkara, recently told the Ministerial Consultative Committee on Labour and Foreign Employment affairs. The Minister said they will start taking opinions and suggestions of all relevant parties from […]
Powering the 89th annual Battle of the Saints, Sri Lanka’s leading private sector bank HNB PLC, reaffirmed its commitment as the official banking partner for the highly anticipated cricket encounter at the Sinhalese Sports Club on April 28, 29 and 30. The match will see the two leading Catholic schools, St. Josephs College and St. […]
The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must […]
By N Sathiya Moorthy Now that President Ranil Wickremesinghe has promised to table the IMF bail-out documents in Parliament on 25 April, there will be some relief for citizens wanting out of the meaningless politico-electoral speculation of the time. It could well be back to a more serious discourse on the economy, economic recovery – […]
By Shamindra Ferdinando The International Monetary Fund (IMF) owed an explanation as regards the recent government declaration that domestic debt restructuring was part of the programme implemented in terms of Sri Lanka’s agreement with the lending agency, top Opposition spokesperson Prof. G.L. Pieris, MP said yesterday (10). Having repeatedly assured that domestic debt wouldn’t be […]
USNS Brunswick, a Spearhead-Class Expeditionary Fast Transport ship of the U.S. Navy arrived at the port of Trincomalee (08th April 2023).
Wednesday 5th April, 2023 There have been substantial reductions in fuel prices, and they will go a long way towards tackling inflation. The economy is said to be showing some signs of recovery, but more trouble is apparently brewing for the hapless Sri Lankans, who are struggling to keep the wolf from the door. Now, […]
ජාත්යන්තර මූල්ය අරමුදලේ නියෝග මත දේශීය ණය ප්රතිව්යූහගත කරණය යටතේ සේවක අර්ථසාදක අරමුදල මගින් රජය ලබාගෙන ඇති ණය කපාහැරීමට සූදානම් […]The post මැයි මාසයේදී EPF බිලි දීමට සූදානම් appeared first on Lanka Truth | සිංහල | Latest and Breaking News from Sri Lanka.
[…]The post Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? appeared first on Colombo Telegraph.
Speech made November 22 I have consistently recorded my opposition to Minister of Finance being the President. From 2010 onwards in this House, whenever the President in his capacity as Minister of Finance has presented a budget I have recorded that protest and I wish to record that today as well. When a person who […]
ජාත්යන්තර මූල්ය අරමුදල 2007දී එවකට පැවති ආණ්ඩුවට ලබා දී තිබෙන නිර්දේශයක් අනුව යමින් සේවක අර්ථ සාධක අරමුදල සහ සේවා නියුක්තිකයන්ගේ […]The post හොර රහසේම අර්ථසාධකේ (EPF) විකිණීමේ සූදානමක්! appeared first on Lanka Truth | සිංහල | Latest and Breaking News from Sri Lanka.
The Employees Provident Fund (EPF), the largest social security scheme in Sri Lanka, has suffered massive losses due to the investments made in listed and unlisted companies, a new report compiled by the Auditor General s Department revealed.
By Sanath Nanayakkare Leading rice miller, Lankeshwara Mithrapala says he has suspended purchasing paddy because it is not proper to purchase paddy from farmers at prices lower than Rs. 120 per kilo, and if he did purchase at that price, he would have to absorb a loss of Rs. 23 from each kilo of rice. […]