Kandy Municipal Council Facing Financial Crisis

 Treasury fails to send Rs 50m. that is due

The Kandy Municipal Council (KMC) is facing a significant financial crisis owing to the failure of the central government to send to the KMC a part of the grant money that it is obliged to give under current funding practices. Kandy mayor Mahindra Ratwatte in an exclusive interview with The Kandy News said that the Treasury had not reimbursed the KMC the salary bill totaling Rs 50.0 million payable to 329 employees that were made permanent recently. Their emoluments for a moth total Rs 10.0m and the KMC has not been reimbursed for the last five months. He said that the Council has paid the wages by

Kandy Municipal Council Facing...Continued

පිිළිනපත් ආන්දෝලනයේ ඇතුල් පැත්ත

සෑම් සමරසිංහ සහ දුෂ්‍යන්ත මෙන්ඩිස් විසිනි

පසුගිය පෙබරවාරි 27 ශ්‍රී ලංකා මහ බැංකුවේ පිළිනපත් නිකුතුව  රට පුරා විශාල ආන්දෝලනයකට තුඩු දී ඇත. එම නිකුතුවේ නාමික වටිනාකම රුපියල් බිලියන 10කි. ආයුකාලය අවුරුදු 30කි. සාමාන්‍ය වාර්ෂික පොළී අනුපාතය 11.73%. එම පිළිනපත් අළෙවියේදී අක්‍රමිකතා සිදුවී ඇති බවට චෝදනා නැගී ඇත.

පිිළිනපත් ආන්දෝලනයේ Continued ...

Dealing with the Two Asian Super Powers and President Sirisena’s Visit to China

By Sam Samarasinghe 

President Maithripala Sirisena President Maithripala Sirisena President Xi Jinping President Xi Jinping Sri Lanka stands to benefit enormously by dealing positively with the two Asian super powers, India and China. The two countries are potential rivals. The two Asian whales may not fight but a small fish can get crushed when whales dance. Sri Lanka has to be mindful of that when dealing with the two countries.   

President Maithripala Sirisena will be in China this week on an official visit to hold bilateral talks with Chinese leaders and attend the Boao Forum for Asia (BFA) Annual Conference. The single major bilateral issue of

Dealing with the Two Continued ....

Saturday 05th of September 2015. Joomla Templates Free. The Kandy News Online Edition - CMS Implementation: Webvision Sri Lanka.