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Sri Lankan ministries to lose 5% of budgeted funds

COLOMBO (News 1st) – President Ranil Wickremesinghe has informed the cabinet that the fund allocations made via the budget for all ministries will have to be cut down by 5%.This was announced by Minister Bandula Gunawardena, the Cabinet Spokesperson on Tuesday (10) at the weekly Cabinet media briefing."There is no stable income to even support the essential welfare expenses.

Therefore, the Cabinet was informed that all ministry allocations from the budget will be cut down by 5%."Cabinet Spokesperson Minister Bandula Gunawardena told reporters that the President had informed the Cabinet that the treasury is facing a serious financial crisis.The Minister said that the government is already finding it difficult to pay the state sector salaries for January and February.However, State Finance Minister Shehan Semasinghe says that there should be no undue fear regarding the payment of government employee salaries or welfare benefits including the Samurdhi allowance.In a statement, the State Finance Minister stated that priority will be given to government employee salaries, pensions and welfare benefits in the management of government revenue and expenditure.The State Finance Minister indicated that a plan to settle the bills due from the government for certain projects is currently under discussion with the relevant ministries.

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Bandula Gunawardena - Ranil Wickremesinghe - Shehan Semasinghe - Sri Lankan ministries to lose 5% of budgeted funds - newsfirst.lk - Sri Lanka
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Sri Lankan ministries to lose 5% of budgeted funds
COLOMBO (News 1st) – President Ranil Wickremesinghe has informed the cabinet that the fund allocations made via the budget for all ministries will have to be cut down by 5%.This was announced by Minister Bandula Gunawardena, the Cabinet Spokesperson on Tuesday (10) at the weekly Cabinet media briefing."There is no stable income to even support the essential welfare expenses.
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Sajith Premadasa - Jana Balawegaya - Shehan Semasinghe - Supreme Court Interim Order on LG Election becomes a privilege issue? - newsfirst.lk
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Supreme Court Interim Order on LG Election becomes a privilege issue?
COLOMBO (News 1st); State Minister Shehan Semasinghe raising a privilege issue in parliament on Friday (10) noted that it is a serious offense to proceed with the Interim Order given by the Supreme Court on 3rd March, when the matter is already produced to the Committee on Parliamentary Ethics and Privileges.He requested the Deputy Speaker to advise relevant authorities not to proceed further or take any action on the interim order with regard to the Local Government election until the Committee on Parliamentary Ethics and Privileges concludes its hearing on the privilege issue raised by MP Premanath C Dollewatte.MP Premnath C. Dolawatte told Parliament on 7th of March that the powers and privileges of Parliament have been violated by the Interim Order issued by several judges of the Supreme Court on March 3rd, 2023.On March 3rd, the Supreme Court, considering Samagi Jana Balawegaya (SJB) General Secretary Ranjith Madduma Bandara’s petition, issued an Interim Order to the Finance Ministry Secretary and the Attorney General preventing them from withholding the funds allocated for elections in Budget 2023.Dolawatte claimed the said Interim Order can be viewed “as clear breach of privileges and powers of Parliament.”MPs from the opposition led by Opposition Leader Sajith Premadasa on Friday (10) met with the Deputy Speaker to discuss the privilege issues raised by State Minister Shehan Semasinghe, and MP Premnath C.
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Bandula Gunawardena - Ranil Wickremesinghe - Shehan Semasinghe - Circular on slashing budgeted funds, soon - newsfirst.lk - Sri Lanka
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Circular on slashing budgeted funds, soon
COLOMBO (News 1st) – Sri Lanka's Finance Ministry said that a circular on slashing 5% of the budgeted funds of the ministries will be issued soon.A Senior Officer at the Finance Ministry said the circular will be directed to the Ministry Secretaries in due course.President Ranil Wickremesinghe had informed the cabinet that the fund allocations made via the budget for all ministries will have to be cut down by 5%.This was announced by Minister Bandula Gunawardena, the Cabinet Spokesperson on Tuesday (10) at the weekly Cabinet media briefing."There is no stable income to even support the essential welfare expenses.
Bandula Gunawardena Ranil Wickremesinghe Shehan Semasinghe Sri Lanka information Government reports
Shehan Semasinghe - SL successfully concludes second round of talks with creditors: Shehan Semasinghe - newsfirst.lk - China - Japan - India - Sri Lanka
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SL successfully concludes second round of talks with creditors: Shehan Semasinghe
COLOMBO (News 1st) – State Minister of Finance Shehan Semasinghe said Sri Lanka's second round of discussions with creditors concluded successfully.He added that legal advisers, financial advisers and major creditors including China, India and Japan joined the discussions.Several reforms were made since March, in order to obtain IMF assistance, and restructure the country's debt.The State Minister added that Sri Lanka has agreed to deal with all creditors in a transparent manner.The Central Bank of Sri Lanka and the Ministry of Finance have communicated that they will work with the creditors to provide them with the necessary information and clarifications.The State Finance Minister said that the IMF Board of Directors will grant its approval, as soon as Sri Lanka obtains assurance from its creditors, and these discussions are vital for the process.Sri Lanka expects to receive assistance from the IMF by the end of 2022.
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Shehan Semasinghe - Sri Lanka holds virtual meeting with Official Creditors - newsfirst.lk - Sri Lanka
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Sri Lanka holds virtual meeting with Official Creditors
COLOMBO (News 1st) – Sri Lankan authorities held a virtual meeting with Sri Lanka’s official creditors on Thursday (3). The meeting was chaired by the Secretary to the Treasury and the Ministry of Finance, K M Mahinda Siriwardana, and the Governor of the Central Bank of Sri Lanka, Dr. P.
Shehan Semasinghe Sri Lanka Government Progressive Citizens
Shehan Semasinghe - No move to bypass Parliament in IMF negotiations: Minister Semasinghe - newsfirst.lk - China - Japan - India - Sri Lanka
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No move to bypass Parliament in IMF negotiations: Minister Semasinghe
COLOMBO (News 1st) – The State Minisrer of Finance Shehan Semasinghe says that he hopes to reach an agreement with regard to the financial assurance by creditors, which is expected by the International Monetary Fund during the negotiations that will begin on 3rd November.The State Minister said that although Sri Lanka's bilateral creditors such as China, India and Japan have verbally agreed to assist the country in debt restructuring, however, the IMF needs proper financial assurance in time for the negotiations.The Minister said that they are attemtpting to obtain the approval of the IMF board as soon as possible. The minister made these comments during an inquiry made by Newsfirst regarding the second phase of the official-level negotiations to be initiated with the International Monetary Fund.The minister stated that no moves will be made to bypass the Parliament in dealing with the International Monetary Fund.Minister Semasinghe added that no parties other than the Ministry of Finance and the Central Bank of Sri Lanka have been informed with regard to the staff level agreement with the IMF.
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Williams - Shehan Semasinghe - Paris Club assures fullest support to Sri Lanka – Semasinghe - newsfirst.lk - Japan - Usa - Sri Lanka - Britain - France - Argentina
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Paris Club assures fullest support to Sri Lanka – Semasinghe
COLOMBO (News 1st) –  The Paris Club has assured its fullest support to Sri Lanka in its ongoing efforts to find an early resolution to its debt crisis.Paris Club is a group of officials from major creditor countries whose role is to find co-ordinated and sustainable solutions to the payment difficulties experienced by debtor countries.State Minister Shehan Semasinghe said that he meet with William Roos, Co-Chairman of the Paris Club during the IMF/World Bank Annual Meetings."Mr. Roos assured The Paris Club’s fullest support for Sri Lanka’s ongoing efforts to find an early resolution to its debt crisis," he tweeted.What Is the Paris Club?The Paris Club is an informal group of creditor nations whose objective is to find workable solutions to payment problems faced by debtor nations.
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Williams - Shehan Semasinghe - Paris Club assures fullest support to Sri Lanka - newsfirst.lk - Japan - Usa - Sri Lanka - Britain - France - Argentina
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Paris Club assures fullest support to Sri Lanka
COLOMBO (News 1st) –  The Paris Club has assured its fullest support to Sri Lanka in its ongoing efforts to find an early resolution to its debt crisis.Paris Club is a group of officials from major creditor countries whose role is to find co-ordinated and sustainable solutions to the payment difficulties experienced by debtor countries.State Minister Shehan Semasinghe said that he meet with William Roos, Co-Chairman of the Paris Club during the IMF/World Bank Annual Meetings."Mr. Roos assured The Paris Club’s fullest support for Sri Lanka’s ongoing efforts to find an early resolution to its debt crisis," he tweeted.What Is the Paris Club?The Paris Club is an informal group of creditor nations whose objective is to find workable solutions to payment problems faced by debtor nations.
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Shehan Semasinghe - IMF, World Bank summit opens today (10) - newsfirst.lk - Sri Lanka - Washington
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IMF, World Bank summit opens today (10)
COLOMBO (News 1st) – The 2022 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place today (10) and will go on to October 16 at the IMF and World Bank Group headquarters, in Washington DC.Sri Lanka decided to send eight representatives for the annual summit of the IMF and the World Bank.Sri Lanka's delegation will be led by State Finance Minister Shehan Semasinghe.Also, the Governor of the Central Bank of Sri Lanka, the Finance Secretary, and several others will accompany to the State Minister.
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Shehan Semasinghe - Sri Lanka to send delegates to IMF & WB Annual meeting - newsfirst.lk - Sri Lanka - Washington
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Sri Lanka to send delegates to IMF & WB Annual meeting
COLOMBO (News 1st) – Sri Lanka has decided to send a delegation for the annual summit of the International Monetary Fund and the World Bank.The 2022 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place in person from Monday, October 10, through Sunday, October 16 in the IMF and World Bank Group headquarters, in Washington DC.Sri Lanka's delegation will be led by Acting Finance Minister Shehan Semasinghe.He said the Governor of the Central Bank of Sri Lanka, the Finance Secretary and several others will accompany him.The Acting Finance Minister said that the 2022 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will be of paramount importance for Sri Lanka to restrucutre its debt, and also obtain financial assistance from the IMF.
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Shehan Semasinghe - Dilum Amunugama - President appoints acting Ministers during overseas visit - newsfirst.lk
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President appoints acting Ministers during overseas visit
COLOMBO (News 1st) – During President Wickremesinghe’s official overseas tour, the state ministers of the ministries under the purview of the President, will be appointed as acting ministers to oversee their operations.Accordingly, State Minister Premitha Bandara has been appointed as the Acting Defence Minister, State Minister Shehan Semasinghe as the Acting Minister of Finance, Economic Stabilization & National Policies, State Minister Dilum Amunugama as the Acting Minister of Investment Promotion, State Minister Kanaka Herath as the Acting Minister of Technology and State Minister Anupa Pasqual has been appointed as the Acting Minister of Women, Child Affairs, and Social Empowerment.
Shehan Semasinghe Dilum Amunugama president
Basil Rajapaksa - Namal Rajapaksa - Shehan Semasinghe - Basil’s India visit postponed, again - newsfirst.lk - Usa - India - Sri Lanka
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Basil’s India visit postponed, again
COLOMBO (News 1st); Sri Lankan Finance Minister Basil Rajapaksa’s Indian visit has been postponed again.Basil Rajapaksa was to fly to India to wrap up credit lines worth a billion US dollars, that would be used for essential goods and medicines.“We are ready to enter into several agreements with India for financial facilities worth a billion US dollars,” State Minister Shehan Semasinghe told the Parliament.Sri Lankan Sports Minister Namal Rajapaksa said personally he has no issue with discussing matters on approaching the International Monetary Fund and other agencies.However, he said the decision on such a matter should be taken by the Finance Minister and the Central Bank.
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Shehan Semasinghe - ‘It’s important to introduce social media ethics’: State Minister - newsfirst.lk - Sri Lanka
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‘It’s important to introduce social media ethics’: State Minister
COLOMBO (News 1st): It is important to introduce ethics for social media usage, Shehan Semasinghe, the State Minister of Samurdhi, Household Economy, Micro Finance, Self Employment, and Business Development said. He pointed out that social media is being used to circulate misinformation.“Certain people have taken the lead in tarnishing Sri Lanka’s reputation with regard to Human Rights, every time the Geneva Human Rights Council session is there. This is because they cannot stand the revival of a collapsed economy,” State Minister Semasinghe emphasized.Thereby, he highlighted the need to introduce social media ethics, since the use of social media for personal gains may negatively impact the country on the diplomatic front.He shared these remarks at an event held in Anuradhapura.
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Vasudeva Nanayakkara - Shehan Semasinghe - Is the Govt. following the ‘Cabraal Way’ or the ‘Rajapaksa Way’ ? – Ranil - newsfirst.lk - India
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Is the Govt. following the ‘Cabraal Way’ or the ‘Rajapaksa Way’ ? – Ranil
COLOMBO (News 1st); Former Prime Minister & MP Ranil Wickremesinghe has called on the government to make it clear if it is following the ‘Cabraal Way’ or the ‘Rajapaksa Way’.However, State Minister Shehan Semasinghe noted that the government only follows the path of the President’s Policy Statement, adding there is only one leader in government.Minister Vasudeva Nanayakkara expressed his displeasure at the Former Prime Minister for not giving the government adequate time to respond to Wickremesinghe’s questions.MP Ranil Wickremesinghe reprimanded the government for failing to disclose to parliament the present state of foreign reserves, while the Finance Minister discusses terms with India.He also slammed the government for preparing
Vasudeva Nanayakkara Shehan Semasinghe India Government Career
Basil Rajapaksa - Shehan Semasinghe - Absence of Finance Minister an insult to Parliament: Kiriella - newsfirst.lk
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Absence of Finance Minister an insult to Parliament: Kiriella
COLOMBO (News 1st); Samagi Jana Balawegaya MP Lakshman Kiriella alleges that the absence of Finance Minister Basil Rajapaksa at the Parliament for the 5th day of the second reading of the budget proposal is an insult to the Parliamentary tradition.Speaking during the Parliamentary debate on the second reading of the Appropriation Bill of 2022, the SJB MP said that the Minister was absent yesterday (18) and today (19), which creates the issue of not having the relevant authority to answer the questions raised with regard to the Budget proposal.In response, State Minister Shehan Semasinghe said that although the Chief organizer of the Opposition alleges that the Finance Minister is not at the Parliament, he has not presented his questions to
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Udaya Gammanpila - Shehan Semasinghe - Why is Gammanpila in Govt, he accuses of being corrupt: State Minister - newsfirst.lk
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Why is Gammanpila in Govt, he accuses of being corrupt: State Minister
COLOMBO (News 1st); State minister Shehan Semasinghe says that he is disappointed over the statements made by Minister Udaya Gammanpila at a forum on Friday (29) against the LNG deal.The State Minister said that the Minister’s statement will lead the public to misunderstand of a split within the government.The State Minister also questioned as to why Udaya Gammanpila remains in the government if he is accusing the very government of being corrupt.
Udaya Gammanpila Shehan Semasinghe Government
Shehan Semasinghe - More businesses go into ‘voluntary lockdowns’ across Sri Lanka - newsfirst.lk - Sri Lanka
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More businesses go into ‘voluntary lockdowns’ across Sri Lanka
COLOMBO (News 1st); Multiple communities across the country have joined hands to go into self-isolation to the spread of COVID-19 in the country.Many towns and neighbourhoods in Trincomalee, Ampara and Hambantota as well as Negombo have gone into a self-imposed lockdown for 10 to 14 days.Other areas that have followed this process are Ratnapura, Kaduruwela, Imaduwa, and Eheliyagoda with many other townships joining the list of self-isolated localities as the hours go by.However, State Minister Shehan Semasinghe is of the view that these are attempts to destabilize the country and are not aimed at preventing the spread of coronavirus.‘They assume the government will be inconvenienced by these acts,’ he told reporters.He said the President
Shehan Semasinghe Sri Lanka covid-19 Government self-isolation
Shehan Semasinghe - Teachers continue to protest against salary anomalies - newsfirst.lk
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Teachers continue to protest against salary anomalies
COLOMBO (News1st): Trade unions representing teachers and principals staged a protest in Puttalam based on several demands including salary anomalies.“We won’t stop our struggle regardless of the government’s tricks,” Ravindra Ranaweera, the national organiser of the Ceylon Teachers Union said.State minister Shehan Semasinghe said that the teachers involved in the protests are acting to achieve ulterior motives instead of resolving long-standing issues.But a protestor denied that there were political motives behind the protests.“There is no politics or party affiliations in this. This is our struggle and our pain.
Shehan Semasinghe
Shehan Semasinghe - Rs. 5000/- allowance to be re-issued to three separate groups - newsfirst.lk - Sri Lanka
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Rs. 5000/- allowance to be re-issued to three separate groups
COLOMBO (News 1st); The Sri Lankan government has decided to re-issue the Rs. 5000/- allowance to people who fall under three separate categories, during the period of the travel restrictions.State Minister Shehan Semasinghe said the people who receive a government allowance of less than Rs.5000/- will receive the allowance of Rs.
Shehan Semasinghe Sri Lanka Government travelers
Gotabaya Rajapaksa - Dayasiri Jayasekara - Basil Rajapaksa - Shehan Semasinghe - Gotabaya can be in power for 10 years : Shehan - newsfirst.lk - Sri Lanka
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Gotabaya can be in power for 10 years : Shehan
COLOMBO (News1st): President Gotabaya Rajapaksa can be in power for 10 years, state minister Shehan Semasinghe has said.“He can remain in this position for another eight and a half years,” Semasinghe told reporters on Friday.He made these remarks referring to remarks expressed by certain entities suggesting that Basil Rajapaksa would be the next presidential candidate of the Sri Lanka Podujana Peramuna.State Minister Dayasiri Jayasekara, the general secretary of the Sri Lanka Freedom Party, insisted that the decision must be made by the constituent parties of the government.“There are about 18 constituent parties.
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Ranjan Ramanayake - Mahindananda Aluthgamage - Shehan Semasinghe - Harin to wear black shawl to parliament - newsfirst.lk
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Harin to wear black shawl to parliament
COLOMBO (News1st): Opposition lawmaker Harin Fernando has said he will wear a black shawl in parliament until justice is served to fellow parliamentarian Ranjan Ramanayake who was imprisoned recently.But, chief government whip Dinesh Gunawardena pointed out that the supreme court and the President can be criticized only “through the established procedure”.Mahindananda Aluthgamage, the agriculture minister, conceded the government has failed, sparking off a tense debate in Parliament.“Yes we failed, because we couldn’t punish the thieves.
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Mahinda Rajapaksa - Shehan Semasinghe - President in Parliament for Second Reading of the 2021 Budget. - newsfirst.lk
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President in Parliament for Second Reading of the 2021 Budget.
Colombo (News 1st);  President Gotabhaya Rajapaksa arrived in the Chamber of Parliament on Thursday (19) to participate in the Second Reading of the 2021 Budget.This is the first time the President has entered the Chamber of Parliament after the ceremonial opening of the first session of the 9th Parliament.He entered the Chamber amidst a warm welcome from Prime Minister Mahinda Rajapaksa and listened to the views of Opposition MP Tissa Attanayake, State Minister Shehan Semasinghe and Parliamentarian Yadhamini Gunawardena.Afterward, the President accompanied by the Prime Minister, Ministers and Government Members went to the Memorial Dining Hall.
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Rishad Bathiudeen - Shehan Semasinghe - Letter opposing Riyadh Bathiudeen release submitted to President - newsfirst.lk - city Riyadh
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Letter opposing Riyadh Bathiudeen release submitted to President
A letter opposing the release of Riyadh Bathiudeen, the brother of Former Minister Rishad Bathiudeen, who was arrested on the charges of aiding and abetting the April 21st Attack, was handed over to the President and Prime Minister bearing the signatures of 100 ruling party Parliamentarians.“First, it was signed by Mahindananda Aluthgamage and I signed the letter after him.By placing our signatures,we expect to remove the uncertainty around this matter”, Minister of Lands S.M.Cahndrasena said.The Minister also called for a fair and just investigation into the matter.“As the Government, we are not connected to his release in any way.
Rishad Bathiudeen Shehan Semasinghe city Riyadh president Government
Shehan Semasinghe - Sri Lanka to amend microfinance act – state minister - newsfirst.lk - Sri Lanka
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Sri Lanka to amend microfinance act – state minister
COLOMBO (News1st): Sri Lanka’s microfinance act would be amended to suit modern developments, state minister Shehan Semasinghe said on Tuesday.“…the relevant state authorities and other stakeholders are not displaying a favourable approach on this,” the state microfinance minister told reporters.He noted that talks have been held with the finance secretary over the problems concerning the country’s microfinance system.“We are also set to hold discussions with the central bank and registered micro-finance lending institutions,” Semasinghe said during a media briefingHe pointed out that a mechanism has been established through the Samurdhi department to collect information from the Anuradhapura District on microfinance. 
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Shehan Semasinghe - Sri Lanka to introduce new credit system; Banks advised on CRIB - newsfirst.lk - Sri Lanka
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Sri Lanka to introduce new credit system; Banks advised on CRIB
Colombo (News 1st);  State Minister Shehan Semasinghe announced in Parliament the Prime Minister had instructed to introduce a new evaluation system as the general public have raised concerns over their name being included in the CRIB when seeking a financial facility.Semasinghe is the State Minister of Samurdhi, Household Economy, Micro Finance, Self Employment, Business Development and Underutilized State Resources Development, and he said the Government will also introduce a new credit system for the country.He said banks have been instructed not to simply refuse granting a loan to anyone just because a person’s name is included in the CRIB.“Being included in the CRIB should not be an obstacle for anyone to seek a financial facility,”
Shehan Semasinghe Sri Lanka economy Government
Keheliya Rambukwella - Shehan Semasinghe - Public opinion will be sought for 20A: Shehan Semasinghe - newsfirst.lk
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Public opinion will be sought for 20A: Shehan Semasinghe
COLOMBO (News1st): The government will introduce the 20th amendment after seeking public opinion, state minister Shehan Semasinghe has said.“We will not bring amendments targetting individuals,” Semasinghe said accusing the former government of introducing the 19th amendment with an ulterior motive.He added that the new amendment would remove all obstacles that are hampering the progress of the country.Meanwhile, minister Keheliya Rambukwella has said that the issuance of jobs for unemployed graduates will conclude by September.“We will start issuing jobs by the 2nd of this month,” the mass media minister noted.
Keheliya Rambukwella Shehan Semasinghe Government
Shehan Semasinghe - Ajith Nivard Cabraal - Vote on Account to be presented in Parliament – report - newsfirst.lk
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Vote on Account to be presented in Parliament – report
COLOMBO (News1st): A Vote on Account for Rs 1.6 trillion is to be presented in parliament by the government, the Sunday Times has reported.The expenses will cover costs for construction projects, repayment of foreign loans and new road and power projects, according to the report.A budget proposal will be put forward by the end of this year, Shehan Semasinghe, the state minister of Development of Samurdhi Home Economy, Microfinance, and Self-Employment said.“The people can have faith that the budget proposal that will be presented at the end of this year will end the dark economic period during the last four years,” he added.Dr Ajith Nivard Cabraal, the state minister of finance, said it is important to engage in policy-based politics.“We
Shehan Semasinghe Ajith Nivard Cabraal economy Government
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