Tuesday, March 17, 2015

THOUGHT OF THE DAY FROM WORDS OF WISDOM


Former Secretary Of Economic Development Ministry Has Been Questioned On Financial Irregularities

The former secretary to the Ministry Of Economic Development Dr.Nihal Jayathilake and the Director Of People's Leasing and Finance P.Kudabalage have been questioned today(17) by the Federal Bureau Of Investigations(FBI) over the financial irregularities occurred in Divi Naguma Development Department comes under the Ministry.

The former Secretary Of The Ministry Of Economic Development Dr.Jayathialke was appointed to the post on 29th of May 2014 and he has served as the Secretary to the Ministry Of Health previously.

LIFE


Gazette On 119th Amendment To The Constitution Has Been Released

The Gazette Notification on Reforms to the Constitution as 19th amendment  including of removing several powers vested with the Executive Presidency has been published and public are requested to submit their ideas and suggestions withing two week period the Government Information Department has announced.

Central Bank Governor Will Go On Leave Until The Inquiary Completed-Prime Minister

Prime Minister Ranil Wikramasinha has made a special statement this evening in Parliament by stating that the Central Bank Governor Arjuna Mahendren will go on leave until the investigation on the controversial Central Bond Issue which he was alleged as involved in  is completed.

Both the leftist Janatha Wimukthi Peramuna(JVP) and the opposition parties have been requested the Central Bank Governor over the last few weeks to temporarily step down from his post to pave the way for an impartial inquiry on the bond issue.

Sunday, March 15, 2015

THOUGHT OF THE DAY FROM INSPIRATIONAL QUOTES


Gazette Notification Of Draft Bill On Constitutional Reforms To Be Issued Today

The Cabinet today(15) has decided to gazette the Drat Bill provided for Constitutional Reforms including the much talked about re instatement  of the 17th Amendment and transfer the Executive Powers of the Executive Presidency to the Parliament and the Cabinet.This gazette is scheduled to be issued midnight tonight.

The Gazette on Constitutional Reforms is scheduled to be presented to to the Parliament soon  for approval .

Under the Draft Bill Providing for Constitutional Reforms, the President will not able to dissolve the Parliament after a one year and the President will not able to be elected to office  more than two terms .The proposed Independent Commissions including the Police and Elections to be appointed under the constitutional reforms.

It has been learnt that the powers vested to the Current Executive Presidency to dissolving the Parliament too will be removed and the provisions provided under the constitution for avoiding taking legal action against the President too proposed to be removed.However the President will remain as the commander of all forces and the powers of appointing the Cabinet and acting as the head of the Cabinet will be remained with the president.

The Cabinet Meeting held today(15) was chaired by the President Maithripala Sirisena.

Baltimore Port Closure May Hit US Coal Export Volumes

https://www.foxbusiness.com/economy/baltimore-port-closure-may-hit-us-coal-export-volumes