The 'Palmyrah Fund' intended to provide funding for the development of the North and the East, was established under the auspicies of the Prime Minister at Temple Trees today (May 27).
According to the Prime Minister's Office, the fund is expected to contribute towards expediting the development of areas in the Northern and Eastern Provinces which were affected by the war.
The fund is expected to disburse Rs 5 billion within two years for the construction of roads, bridges, drainage systems, and even anchorages across these areas, the Prime Minister's office said.
In addition, the necessary infrastructure concerning the Agriculture, and Industrial sectors is also to be developed via the Palmyrah Fund
Finance Minister Mangala Samaraweera, Tamil National Alliance parliamentarian R. Sampanthan, and MP D. Siddharthan were among those preset at today's event.
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 Secretary of the Justice Ministry has been instructed by Justice Minister Wijeyadasa Rajapakshe not to gazette the proposed 22nd Amendment to the Constitution dealing with the Presidential term, until the Presidential elections are held.
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