Minister Vitharana refutes TNA claims :
PSC talks will conclude in six months
Senior Minister of Scientific Affairs Prof. Tissa
Vitharana who refuted TNA claims that the Parliamentary Select
Committee (PSC) on power devolution was a delaying tactic of the
Government said that the PSC has been mandated to conclude its
deliberations within six months. A report would be submitted by then
recommending constitutional amendments to further strengthen unity
and communal amity in the country,
Solutions to problems of people in N-E:
Sincere political parties should be accommodating
Senior Minister for Human Resources D.E.W.
Gunasekara said if political parties are sincere to seek a solution
to the problems faced by people in the North and the East, they must
be flexible and try to accommodate the views of others and bring
about a consensus on the issue.
Crackdown on bribery and corruption intensifies
The Commission to Investigate Allegations on
Bribery or Corruption since its appointment in May 15, 2011 has
arrested 48 persons, the highest number of arrests since its
inception in 1994, in its effort to crack down on bribery and
corruption in Sri Lanka, Dr. Jayantha Wickremaratne, one of the
Commissioners in the Bribery Commission told the Sunday Observer.
Market experts commend EPF returns
The Employees Provident Fund (EPF) managed by
the Central Bank yielded a return of 11.5 percent last year which
had been commended by market experts. Financial experts said that
11.5 percent is a reasonable rate of return by the Fund. Over 90
percent of the EPF is invested in Government Securities which
produced a good yield last year and the previous year.