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Friday, 26 June 2009

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Cabinet decisions

Service Extension of Sovereign Rating Agencies for Government - 2008-2011

The Cabinet has approved a memorandum submitted by Finance and Planning Minister Mahinda Rajapaksa to extend the service of the two rating agencies Fitch Ratings and Standard & Poor's (S&P) as per the advise given by the Attorney General, to authorize the Central Bank Governor to sign agreements with the two rating agencies on behalf of the Government and to grant approval for Central Bank to meet all expenses relating to the sovereign rating as an advance and the General Treasury to reimburse such costs to the Central Bank.


Levy and collection of luxury and semi-luxury motor vehicle taxes

The Cabinet has approved a memorandum submitted by Transport Minister Dullas Alahapperuma to appoint a committee headed by a senior Treasury representative comprising representatives from the Public Administration and Home affairs Ministry and the Department of Motor Traffic / Transport Ministry to examine and report on the possibility of collecting luxury and semi-luxury vehicle tax through the Divisional Secretaries at the time of issue of annual revenue licences, instead of by Private Sector Insurance Companies as at present.


Supply of 312MT of full cream milk powder for Triposha program

The Cabinet has approved a memorandum submitted by Healthcare and Nutrition Minister Nimal Siripala de Silva to award the tender for the supply of 312MT of full cream milk powder to the lowest bidder M/s Lanka Milk Foods (Pvt) Ltd for Rs. 143,520,000 (without VAT) at the rate of Rs. 460,000 and to amend the Procurement Agreement.


Establishment of the UC-MIARS

The Cabinet has approved a memorandum submitted by Higher Education Minister Wiswa Warnapala to establish the "University of Colombo Magampura Institute of Agro Technology and Rural sciences" (UC-MIARS)


Ports and Air Ports Development Levy Amendment

The Cabinet has approved a memorandum submitted by Finance and Planning Minister Mahinda Rajapaksa to defer the payment of Port and Air Port Develop Levy on any goods being plant, machinery or other equipment of high value imported into Sri Lanka to be used in any specified project identified by the Finance Ministry taking into consideration the economic benefit to the country on which the project tax is borne by the Government on a corporation the economic benefit to the country on which the project tax is borne by the Government on a corporate guarantee issued by the relevant line Ministry and to draft the amendments to the Part I of the Finance Act, No. 11 of 2002 incorporate the aforesaid proposal, to present the amendments to the Parliament for approval subject to the clearance of the Attorney General and to implement the proposal administratively to facilitate the smooth functioning of the mega infrastructure develop project until such amendments are made.


Loan facility agreement to finance the rehabilitation of Labugama and Kalatuwawa

The Cabinet has approved a memorandum submitted by Finance and Planning Minister Mahinda Rajapaksa to enter into a Loan Facility Agreement with the Hungarian Export Import Bank Private Limited to Euro 16,714,045, for Labugama Water plant and to enter into a loan facility agreement with Hungarian Export Import Bank for Euro 17,383,906 for the rehabilitation of Kalatuwawa Water Treatment Plant and re-lend proceeds of the two loans to the National Water Supply and Drainage Board on terms to be determined by the Treasury.


Filling the vacancy of principal at Annada College, Colombo

The Cabinet has approved a memorandum submitted by Education Minister Susil Premajayanth to fill the vacancy of Principal of Ananda College, Colombo according to the new mode of selection approved by the Court.


Contracts for Rehabilitation of Navatkuli-Karativu-Mannar Road

The Cabinet has approved a memorandum submitted by Highways and Road Development Minister to award the eleven contracts, each for rehabilitation of 4 Km section and to expedite construction work urgently.


DSWRPP employment of implementation support consultant

The Cabinet has approved a memorandum submitted by Agriculture Development and Agrarian Service Minister Maithripala Sirisena to award contract for Implementation support consultation for multi scrotal water resources planting of the Dam Safety and Water Resources Planning Project (DSWRPP) to SMEC international Pty. Limited, Australia for Rs. 365 million.


Completion of balance work and construction of a ward complex

The Cabinet has approved a memorandum submitted by Healthcare and Nutrition Minister Nimal Siripala de Silva to get the balance work and the additional work of the construction work of the ward complex at District Hospital Meegahakiula done by the Central Engineering consultancy Bureau for Rs.10,124,004.13 (with VAT) on Design and Built basis.

 

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