US $ 10.5 Million has been allocated to recommence the construction of Kurinchakerny Bridge facilitating the transport and business needs of approximately one hundred thousand residents in the Divisional Secretariat
Division of Kinniya in Trincomalee District. The revised agreement in order to allocate the remaining funds of the Peradeniya Badulla Chankaladi Road Development Project was signed by Mahinda Siriwardana, Secretary to Ministry of Finance, Planning and Economic Development and Abdulmohsen A Almudla, Director (Legal) of the Saudi Fund for Development.
Through the revised agreement, it is expected to transfer funds to be remained in the aforesaid project into Road Network Development Project and to mobilize the same towards construction of the Kurinchakerny Bridge. It is envisaged to provide solutions to,many transport difficulties by construction of this bridge, the Ministry of Finance said in a statement.
Energy Ministry differs on proposed electricity tariff reduction from today.
Victor Ivon, a renowned investigative journalist, political critic, theorist, social activist, and author, passed away this evening in the hospital after a long illness.
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