Former Prime Minister Ranil Wickremesinghe yesterday called for a dialogue between the Government and the opposition to come up with a fresh paper containing regulations to govern the Colombo Port City.
âLetâs all of us get together and discuss for two or three months and see how we can come up with a good paper to administer Colombo Port City,â Mr. Wickremesinghe said in his statement.
âDuring the last Government, I proposed setting up a financial centre, a modest one. This had nothing to do with the original plan for Colombo Port City. We decided to locate the Financial Centre within Port City. We decided to come up with a Bill in this regardâ.
âWhy do you want to alienate the ministry of finance from the Port City commission Bill? No country in the world has come up with such a Bill. The Commission has to be under the Central Bank. If not one has to conclude that the purpose of the Bill is to allow financial laundering,â he added.
President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations…
There have been abuses in the issuance of permits for expatriate workers to import electric…
The International Monetary Fund (IMF) reached a staff level agreement with Sri Lankan authorities, paving…
Sri Lanka Embassy in Brussels participated at the European Parliament “Fair Trade Breakfast-2024”, on 13…
etstar Asia yesterday launched its Colombo-Singapore direct route positioning itself as the only low-cost carrier…
Solo travellers are getting older and are increasingly drawn to Asian destinations – with Sri…
View Comments
Some pragmatic advice from the former premier. As at now the opposition and the government is up in arms with regards to the controversial Port City commission Bill. Port City is a key engine for growth in the years to come and let everyone concerned handle it in that light. However skeptics argue that the purpose of the bill of to officially conduct financial laundering.