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Ajith Nivard Cabraal
Ajith Nivard Cabraal ( si, අජිත් නිවාඩ් කබ්රාල්) (born 14 December 1954) is a Sri Lankan accountant and politician who was also the 16th Governor of the Central Bank of Sri Lanka. He is also the former State Minister of Finance, Capital Markets and State Enterprise Reforms and a national list member of parliament since 12 August 2020. He served as the Governor of the Central Bank of Sri Lanka, holding the post from 1 July 2006 until his resignation on 9 January 2015. He again became the Governor of Central Bank of Sri Lanka in September 2021, replacing W. D. Lakshman, and resigned again in April 2022. On 7 April 2022, the Colombo Magistrate Court issued an order preventing Cabraal from leaving Sri Lanka until 18 April 2022. The court order was issued on the basis of a case filed by political activist Keerthi Tennakoon against Cabraal regarding misappropriation and misuse of public funds which led to a massive economic crisis in Sri Lanka. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (Sri Lanka)
The Minister of Finance ( si, මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්ය; ta, நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சர்) is an appointment in the Cabinet of Sri Lanka. The post was created in 1947 when Ceylon gained independence as Sri Lanka. History The position of Treasurer of Ceylon of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of Financial Secretary of Ceylon under the recommendations of the Donoughmore Commission. The post of ''Ministry of Finance and the Treasury of Ceylon'' was established in 1947 under the recommendations of the Soulbury Commission under the ''Ceylon Independence Act, 1947'' and ''The Ceylon (Constitution and Independence) Orders in Council 1947''. A young J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turnaround Management
Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and return them to solvency, and to identify the reasons for failing performance in the market, and rectify them. Turnaround management involves management review, root failure causes analysis, and SWOT analysis to determine why the company is failing. Once analysis is completed, a long term strategic plan and restructuring plan are created. These plans may or may not involve a bankruptcy filing. Once approved, turnaround professionals begin to implement the plan, continually reviewing its progress and make changes to the plan as needed to ensure the company returns to solvency. Turnaround Managers Turnaround Managers are also called Turnaround Practitioners, and often are interim managers who only stay as long as it takes to achieve the turnaround. Assignments can take anything from 3 to 24 months depending on the size of the organization and the complexity of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gotabaya Rajapaksa
Lieutenant Colonel Nandasena Gotabaya Rajapaksa ( si, නන්දසේන ගෝඨාභය රාජපක්ෂ; ta, நந்தசேன கோட்டாபய ராஜபக்ஷ; born 20 June 1949) is a former Sri Lankan military officer and politician, who served as the eighth President of Sri Lanka from 18 November 2019 until his resignation on 14 July 2022. He previously served as Secretary to the Ministry of Defence and Urban Development from 2005 to 2015 under the administration of his elder brother former President Mahinda Rajapaksa, during the final phase of the Sri Lankan Civil War. Born to a political family from the Southern Province, Rajapaksa was educated at Ananda College, Colombo and joined the Ceylon Army in April 1971. Following basic training at the Army Training Centre, Diyatalawa, he was commissioned as signals officer and later transferred to several infantry regiments. He saw active service in the early stages of the Sri Lankan Civil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2020 Sri Lankan Parliamentary Election
Parliamentary elections were held in Sri Lanka on 5 August 2020 to elect 225 members to Sri Lanka's 16th Parliament. 16,263,885 people were eligible to vote in the election, 31.95% of whom were young voters. The incumbent Sri Lanka People's Freedom Alliance coalition claimed a landslide victory in the election, winning 145 seats, while Samagi Jana Balawegaya won 54 seats, Tamil National Alliance won 10 seats and National People's Power won 3 seats. The main opposition United National Party suffered the worst showing in its history following a split over party leadership, finishing in fourth place with only one seat. The election was postponed at least twice due to a surge in COVID-19 cases in the country, before the date was finalized as 5 August 2020. Prior to the election, a coronavirus-proof mock election was conducted by the Election Commission in June 2020 as a trial run in order to comply with health guidelines. Initial reports revealed that the overall voter turnou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of Sri Lanka
The Parliament of the Democratic Socialist Republic of Sri Lanka (Sinhala: ශ්රී ලංකා පාර්ලිමේන්තුව ''Shri Lanka Parlimenthuwa'', Tamil: இலங்கை நாடாளுமன்றம் ''Ilaṅkai nāṭāḷumaṉṟam'') is the supreme legislative body of Sri Lanka. It alone possesses legislative supremacy and thereby ultimate power over all other political bodies in the island. It is modeled after the British Parliament. It consists of 225 members known as Members of Parliament (MPs). Members are elected by proportional representation for five-year terms, with universal suffrage. The President of Sri Lanka has the power to summon, suspend, prorogue, or terminate a legislative session and to dissolve the Parliament. President can dissolve Parliament only after the lapse of years or if majority of Members of Parliament requests him. The actions of the president to either suspend or dissolve the Parliament is subject to leg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Sri Lanka
The President of Sri Lanka ( si, ශ්රී ලංකා ජනාධිපති ''Śrī Laṃkā Janādhipathi''; ta, இலங்கை சனாதிபதி ''Ilankai janātipati'') is the head of state and head of government of the Democratic Socialist Republic of Sri Lanka. The president is the chief executive of the union government and the Commander-in-chief#Sri Lanka, commander-in-chief of the Sri Lanka Armed Forces. Origin Under the Soulbury Commission, Soulbury Constitution which consisted of the Ceylon Independence Act, 1947 and The Ceylon (Constitution and Independence) Orders in Council 1947, Dominion of Ceylon, Ceylon (as Sri Lanka was known then) became a constitutional monarchy with a parliamentary form of government. The List of heads of state of Sri Lanka#Monarch (1948–1972), monarch of Ceylon served as the head of state, represented by the Governor-General of Ceylon, governor-general with the Prime Minister of Sri Lanka, prime minister serving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2015 Sri Lankan Presidential Election
Presidential elections were held in Sri Lanka on 8 January 2015, two years ahead of schedule. The incumbent President Mahinda Rajapaksa was the United People's Freedom Alliance's candidate, seeking a third term in office. The United National Party (UNP)-led opposition coalition chose to field Maithripala Sirisena, the former Minister of Health in Rajapaksa's government and general secretary of the Sri Lanka Freedom Party (SLFP) – the main constituent party of the UPFA – as its common candidate. Sirisena was declared the winner after receiving 51.28% of all votes cast compared to Rajapaksa's 47.58%. The result was generally seen as a major upset. When Rajapaksa called the election in November 2014 he had looked certain to win. On 11 January 2015 the new government announced a special investigation into allegations of an attempted coup by Rajapaksa. Timeline ;2014 * 20 October: Minister of Mass Media and Information Keheliya Rambukwella confirmed that the election ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Sri Lanka
The Central Bank of Sri Lanka ( CBSL; si, ශ්රී ලංකා මහ බැංකුව, Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), it is a semi-autonomous body, and following the amendments to the MLA in December 2002, is governed by a five-member Monetary Board, comprising the Governor as chairman, the Secretary to the Ministry of Finance and Planning, and three members appointed by the President of Sri Lanka, on the recommendation of the Minister of Finance, with the concurrence of the Constitutional Council. History The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for issuing the country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberation Tigers Of Tamil Eelam
The Liberation Tigers of Tamil Eelam (LTTE; ta, தமிழீழ விடுதலைப் புலிகள், translit=Tamiḻīḻa viṭutalaip pulikaḷ, si, දෙමළ ඊළාම් විමුක්ති කොටි, translit=Damiḷa īḷām vimukthi koṭi; also known as the Tamil Tigers) was a Tamil militant organization that was based in northeastern Sri Lanka. The LTTE fought to create an independent Tamil state called Tamil Eelam in the north-east of the island, due to the continuous discrimination and violent persecution against Sri Lankan Tamils by the Sinhalese dominated Sri Lankan Government.T. Sabaratnam, Pirapaharan, Volume 1, Introduction (2003)T. Sabaratnam, Pirapaharan, Volume 1, Chapter 1: Why didn't he hit back? (2003) Violent persecution erupted in the form of the 1956 and 1958 anti-Tamil pogroms which were carried out by majority Sinhalese mobs often with state support following the passing of the 1956 Sinhala Only Act. Founde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lanka Law College
Sri Lanka Law College (abbreviated as SLLC), formerly known as Ceylon Law College, is a law college, and the only legal institution where one can enroll as a attorney-at-law in Sri Lanka. It was established in 1874, under the then Council of Legal Education, in order to impart a formal legal education to those who wished to become advocates and proctors in Ceylon. The main building of the college was constructed in 1911. It is located on Hulftsdorp Street in Colombo, Sri Lanka. As of late 2021, the current principal is Dr. Athula Pathinayake. Law education In order to practice law in Sri Lanka, a lawyer must be admitted and enrolled as an Attorney-At-Law of the Supreme Court. To receive admission to the bar, a law student must complete law exams held by the SLLC, followed by a practical training course combined with an apprenticeship, which is roughly 6 months. Admission There is a very competitive entrance examination held. It is held every August/ September. The subjects for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mahinda Rajapaksa
Mahinda Rajapaksa ( si, මහින්ද රාජපක්ෂ, ta, மஹிந்த ராஜபக்ஷ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the President of Sri Lanka from 2005 to 2015; the Prime Minister of Sri Lanka from 2004 to 2005, 2018, and 2019 to 2022; the Leader of the Opposition from 2002 to 2004 and 2018 to 2019, and the Minister of Finance from 2005 to 2015 and 2019 to 2021. He has been a Member of Parliament (MP) for Kurunegala since 2015. Rajapaksa is a lawyer by profession and was first elected to the Parliament of Sri Lanka in 1970. He served as the leader of the Sri Lanka Freedom Party from 2005 to 2015. Rajapaksa was sworn in for his first six-year term as president on 19 November 2005. He was subsequently re-elected in 2010 for a second term. Rajapaksa was defeated in his bid for a third term in the 2015 presidential election by Maithripala Sirisena, and he left office on 9 January 2015. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western Province, Sri Lanka
The Western Province ( si, බස්නාහිර පළාත ''Basnāhira Paḷāta''; ta, மேல் மாகாணம் ''Mael Mākāṇam'') is one of the nine provinces of Sri Lanka, the first level administrative division of the country. The provinces have existed since the 19th century but did not have any legal status until 1987 when the 13th Amendment to the Constitution of Sri Lanka established provincial councils. Western Province is the most densely populated province in the country and is home to the legislative capital Sri Jayawardenepura Kotte as well as to Colombo, the nation's administrative and business center. History Parts of present-day Western Province were part of the pre-colonial Kingdom of Kotte. The province then came under Portuguese, Dutch and British control. In 1815 the British gained control of the entire island of Ceylon. They divided the island into three ethnic based administrative structures: Low Country Sinhalese, Kandyan Sinhalese an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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