Government plans to spend Rs. 4.9 billion to purchase the paddy harvest of the 2018 Yala season from the farmers. The Paddy Marketing Board (PMB) will commence the purchasing of the Yala Season paddy harvest today (04) at 10.00 am in the village of Kohombana in Uhana in the Ampara District.
The country’s foreign reserves will rise to about USD 9 billion by the end of this year, an amount that could comfortably cover the county’s import bill for five months, Central Bank Governor Dr.Indrajith Coomaraswamy said. Speaking to the media at the Central Bank auditorium yesterday, the Governor said the country’s foreign reserves stood at USD 8.4 billion by the end of July.
The Examinations Department instructs parents to accompany their children, who sit for the Grade Five Scholarship Examination 2018, to the respective examination centres on time. The Grade Five Scholarship Examination 2018 is scheduled to commence at 9.30 am on Sunday (5). However, the candidates are required to be seated by 9 am. Therefore, the Examinations Department advises parents to accompany their children at least by 9 am.
Finance and Media Minister Mangala Samaraweera said the tax imposed on vehicles less than 1000cc was a move by the Treasury to cushion off the effect on the rupee and curb small vehicles imports.“Between January and May this year, 4500 small vehicles had been imported into the country and nearly 1,000 vans were among them, on a monthly basis,” he said. “The tax is in response to a request made by the Central Bank to not only cushion off the effect on currency flows but also to curb the import of small vehicles.”
The Grade 5 scholarship is set to be held on the 5th August this year, at 3050 examination halls, states the Department of Examination.Commissioner General of Examinations Sanath Pujitha stated that 355,326 candidates are facing the Grade 5 scholarship exam this year.
The Federation of Information Technology Industry Sri Lanka (FITISL) plans to increase Sri Lanka’s IT and IT Enabled Services (ITES) exports to US$ five billion, while providing employment to 200,000 by 2022, FITISL Chairman Dr. Kithsiri Manchanayake said on 31 July.
Health Minister Dr.Rajitha Senaratne yesterday said that the prices of 25 essential drugs would be reduced with immediate effect. The Minister was speaking at a ceremony organised by the Health Services Trade Union Federation jointly with the Health, Nutrition and Indigenous Medicine Ministry and the World Health Organization to felicitate him on his appointment as Vice Chairman of World Health Organization in Colombo yesterday. He said that prices of several drugs for diabetes, prostrate ailments, ashma, respiratory diseases, neurological disorders, antibiotics and painkillers would be reduced immediately.
The Government has issued a circular preventing public and semi-government institutions from recruiting cadre and making payments to them without the prior permission of the Management Service Department of the Treasury.
The Commonwealth Secretary-General Rt. Patricia Scotland QC will arrive in Sri Lanka tomorrow (1st August) on a four-day official visit, which is her first visit to the country since she assumed the Office in April, 2016.