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Items filtered by date: Monday, 08 January 2018

Call for vote against criminals at LG Polls on 10 Feb.

Requesting voters not to cast their votes for candidates with criminal records, the Lanka National Federation of the Self-Employed (LNFSE) claimed that nearly 65% of the candidates who have been nominated from the United National Party (UNP), Sri Lanka Freedom Party (SLFP), Sri Lanka Podujana Peramuna (SLPP) and Janatha Vimukthi Peramuna (JVP) for the forthcoming local government elections were noted criminals. The LNFSE, with a membership of 178,000 three-wheel owners and 22,000 self-employed professionals, has commenced a voter awareness campaign on selecting educated and respectable candidates in their respective electorates.

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Rs 22 b surplus recorded in the Budget Primary Balance for the first time in 63 years

Due to efficient management of the State revenue and expenditure, the government has been able to achieve Rs 21.9 billion surplus in the primary balance of the fiscal accounts during the first ten months f the year 2017 which is for the first time in the last 63 years. In the post independent Sri Lankan history a surplus in the budget deficit was first recorded by 0.5 percent of the GDP in the year 1954. Later in 1956 this budget surplus had increased to 2.2 percent of the GDP.

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