The Board of Directors of the Colombo Stock Exchange (CSE) has congratulated the new Government led by President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa on receiving a convincing mandate at the recently concluded General Election.
In a media release, the CSE said it welcomes the decisive expression of support for the new Government and the people and is confident of the establishment of a strong, pro-growth socio-economic policy framework by the new administration which will strengthen the investment climate in Sri Lanka. In particular, the CSE applauds the specific inclusion of capital markets under the gazetted responsibilities for State Ministers within the Ministry of Finance and looks forward to meaningful engagement on developing the nation’s capital markets.
“The mandate given to the new Government will be an opportunity for much needed policy reforms to be enabled in order to drive an accelerated and sustainable socio - economic development program for Sri Lanka. The CSE strongly believes that the capital market in Sri Lanka should play a pivotal role in facilitating capital formation for commercial enterprises and wealth generation for citizens, and look forward to working in partnership with the relevant ministries, the Securities and Exchange Commission of Sri Lanka, other government agencies and market intermediaries to actively support the Government’s vision of development,” it said.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Auspicious times widely followed by candidates keeping with traditions will be taken into consideration by the Election Commission in fixing the date and time for the conduct on the Presidential polls.
The Cabinet of Ministers has granted policy approval to change the wording “exceeding six years” in paragraph (b) of Article 83 of the Constitution to “exceeding five years” with reference to the President’s tenure.
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