The Department of Census and Statistics (DCS) in releasing National Accounts estimates for the second quarter of 2018 yesterday said that economic growth rate of the country is estimated as 3.7% for the second quarter of 2018. The Gross Domestic Product at constant (2010) prices for the second quarter of2018 recorded as, Rs. 2,264,445 million, and GDP reported for second quarter of 2017 was Rs. 2,183,122 million.
State Minister of Finance and Mass Media Eran Wickramaratne said Sri Lanka has a deeply entrenched entitlement culture which works against the entrepreneurial culture. He said rationale for introducing Rs 60 billion Enterprise Sri Lanka program was to challenge that entitlement culture in Sri Lanka.
Minister of Education Akila Viraj Kariyawasam has instructed officials to prepare a proposal, on a ministry level, to resolve the issues related to salaries in the teaching service.He has further instructed to take into consideration the opinions of the trade unions and many other parties when preparing the said proposal.
Fairly strong gusty winds up to 50 kmph can be expected over the island, particularly in Central, North-Western, North-Central and Southern provinces and in Badulla and Trincomalee districts.Showers at times will occur in Central and Sabaragamuwa provinces and in Galle and Matara districts. Several spells of showers will occur inWestern and North-Western provinces.Fairly heavy falls about 50 mm can be expected at some pla
A programme organized by the tri services to coincide with the national coastal and marine resources conservation week and coastal clean-up programme got under way at Dadalla beach front on Sunday (16) organized by the 58 Division Headquarters of the Security Force Headquarters - West.
Minister of Finance and Mass Media Mangala Samaraweera considering the requests made by the stakeholders in the fabric industry has reduced the Value Added Tax (VAT) on imported fabric to 5%.Minister Samaraweera signed the gazette notification yesterday. Earlier the fabric was subject to Rs 100/kg CESS at the time of imports. The Budget- 2108 had proposed to impose a 15 % VAT on goods, the Value Added Tax Act No 14 of 2002 was amended accordingly, and the new VAT scheme came into effect from August 16, 2018.
The World Bank has committed US$ 200 million to upgrade the standards of performance of Sri Lanka's public health system under the Second Health Sector Development Project for Sri Lanka. Minister of Health, Nutrition and Indigenous Medicine Dr. Rajitha Senaratne announced the World Bank's support to the project at the closing ceremony of the Second Health Sector Development Project held Sunday in Colombo.
Over 400 kidney transplant surgeries were carried out under the Good Governance Government, Health Minister Dr. Rajitha Senaratne said. He was addressing the gathering after opening the new building complex of the De Zoysa Maternity Hospital in Colombo recently. He said the maternal and infant mortality rate was significantly gone down and the UNICEF admired this situation.
As it has been planned for the gradual increase of the intake of students to the State Universities, the Government has planned to increase the infrastructure facilities at the Rajarata, Colombo, Ruhuna and Eastern Universities in order to provide more qualitative infrastructure facilities for the students of these Universities.
A slight change in the prevailing weather condition is expected in south-western part of the island from tomorrow (17th September)..Several spells of showers will occur in Western, Central, Sabaragamuwa provinces and in Galle and Matara districts. Fairly strong gusty winds up to 40 kmph can be expected over the island, particularly in Hambantota, Monaragala and Matale districts