SJB MP Mayantha Dissanayake has decided to resign from the chair of Committee on Public Finance.

The government has settled the majority of the arrears to the tune of Rs.191 billion to contractors and suppliers, after assuming power on August 31, last year, despite an 8 percent contraction in the economy during the year, Finance State Minister Ranjith Siyambalapitiya said.

Claiming that the President had no right to express his opinion on the legality of declaring the Local Government election JVP leader Anura Kumara Dissanayake said yesterday if there was any issue with regard to the declaration of the election, it should be resolved in the Courts.

The Delimitation Commission received numerous requests for retention of caste-based demarcations of electoral wards of the local authorities but they were not entertained, an official said.

The Court of Appeal today further extended its interim order preventing Justice Ministry officials from deducting the Advance Personal Income Tax (APIT) from the monthly salaries of the High Court Judges and judges of Judicial Service Association until March 1.

As part of the regular reviews by the Committee of 18 independent international experts, the UN Human Rights Committee will hold its upcoming session from February 27 to March 24, to review Sri Lanka and five other countries.

Sri Lanka’s debt restructuring process is to be discussed among finance ministers and Central Bank Governors of the Group of 20 (G 20) when they meet tomorrow in Bengaluru, India, Daily Mirror learns.

Officers attached to the Revenue Supervision Division of the Sri Lanka Customs Department today seized an illegally imported contraband of cigarettes worth Rs. 487 million.

The Board of Investment (BOI) will sign an agreement with India’s Adani Group to construct a 250 Mega Watt Wind Project in Mannar and a 100 Mega Watt Wind Project in Pooneryn today evening, the Daily Mirror learns.