Cabinet has approved a proposal to enter into a Public Private Partnership (PPP) with the China Merchants Port Holdings to develop the Hambantota Port.
The Cabinet proposal in this regard was presented jointly by Minister of Development Strategies and International Trade, Malik Samarawickrama and Minister of Special Assignments, Sarath Amunugama.
Cabinet also authorized to enter into a framework agreement with the said investor, based upon the final decision made at the Cabinet Committee on Economic Management (CCEM),
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Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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