EPF interest rates to be increased to 13%
Steps are being taken to increase the interest rate of the Employees’ Provident Fund (EPF) from the existing 9% to 13% with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said.
Steps are being taken to increase the interest rate of the Employees’ Provident Fund (EPF) from the existing 9% to 13% with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said.
The ban on motor vehicle imports is set to be lifted early next year, if recommendations from a committee comprising Treasury officials that the move was required to meet revenue targets set by the International Monetary Fund (IMF) are to be accepted by the Government.
Former President Maithripala Sirisena has dismissed recent reports claiming that he is moving to South Korea, asserting that he has no such plans to relocate to any other country.
Indian High Commissioner Santosh Jha met with SLPP founder Basil Rajapaksa on Friday (26).
Dhammika Perera, the founder and chairman of DP Education, said that he was able to unite the country divided by politics through education.
May Day this year is due to be a historic one for women, says National People's Power (NPP) MP Dr. Harini Amarasuriya, claiming that for the first-time they have become politically-strengthened and are ready to show their strength.
While assuring that he will contest the upcoming presidential polls, incumbent Ranil Wickremesinghe has told SLPP founder Basil Rajapaksa that his decision would be announced towards end-July.
In the event parliament is dissolved next month, a general election could take place within the next 60-day period, said director general of the Election Commission Saman Ratnayake.
Opposition leader Sajith Premadasa has asked National People's Power (NPP) leader Anura Kumara Dissanayake to face him in the proposed public debate without evading it by giving various excuses.
A detailed report into substandard medicines, purchase scams and those responsible is to be submitted to parliament next week, said the National Audit Office.