The Sri Lankan Cabinet of Ministers has approved a proposal by Prime Minister Ranil Wickremesinghe to amend five Acts, aiming to increase the government’s tax revenue to pre-2019 December levels, in a nearly total reversal of the controversial tax amendments made under President Gotabaya Rajapaksa and then Finance Minister Mahinda Rajapaksa. “Minister of Finance, Economic […]Read More
In a letter to Sri Lankan Prime Minister Ranil Wickremesinghe, the main Parliamentary Opposition, the Samagi Jana Balawegaya (SJB), expressed its support to repealing the 20th amendment to the Constitution and presented five key proposals to the 21st amendment to the Constitution draft Bill put forward by the government. “As we informed you at the […]Read More
Sri Lankan Prime Minister Ranil Wickremesinghe plans to introduce a new committee system to strengthen Parliament’s financial powers, as well as a National Committee to make the President and Prime Minister answerable to Parliament. He made this announcement during a special statement on the 21st amendment to the Constitution and proposed political reforms. He said […]Read More
NEW DELHI: The proposed 21st amendment to the Sri Lankan Constitution, which aims at curbing the unbridled powers of President Gotabaya Rajapaksa and was presented before the Cabinet earlier this week, will be distributed among party leaders for their observations, after which it will be sent back to the Cabinet for final approval. The 21st […]Read More
NEW DELHI: Sri Lanka has tough challenges ahead given the volatile mood in the street, political discord and the pending negotiations over the IMF loan which will come only if the government accepts very stiff conditions. Those conditions needless to say, will be very unpopular with the public. In this chat on The Gist, Dr. […]Read More
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