Minister of Power and Energy Kanchana Wijesekara has said that the power supply has been restored to all areas in Colombo.

In a tweet, Minister Wijesekara mentioned that the Ceylon Electricity Board (CEB) has informed of a sudden power outage in several areas within Colombo 4, 5, 7, 8, 10, 12 areas and suburbs due to a cable explosion and a breakdown at the 132 KV substation at Kolonnawa.

The Commissioner General of the Inland Revenue Department, D.R.S. Hapuarachchi says that the department has collected Rs. 316 billion as tax revenue during the first quarter of the year 2023.

In a statement, Mr. Hapuarachchi pointed out that when compared to the tax revenue of Rs. 146,565 million collected during the first quarter of 2022, the revenue collection has increased up to Rs. 316,619 million during the first quarter of the year 2023.

“When compared to the first quarter of the previous year, it shows a positive growth of 216%”, he added.

He also mentions that the causes for this favourable growth could be attributed to things such as a new tax policy, a gradual improvement of the country’s economic situation, and enhanced efficiency of tax administration.

Earlier today (24), PM Dinesh Gunawardena, Ambassador of Japan to Sri Lanka – Mr. Mizukoshi Hideaki and UNDP Sri Lanka Resident Representative – Ms. Azusa Kubota, launched the 2 new livelihood projects that address the economic crisis in Sri Lanka at Temple Trees.

The ongoing socio-economic crisis has had serious impacts on the agricultural sector in Sri Lanka. The rising energy costs and evolving climate change impacts have further exacerbated due to the situation. In response, the Government of Japan through the United Nations Development Programme (UNDP) in Sri Lanka, will provide approximately LKR 1,175 million (approx. USD 3.8 million) to support vulnerable smallholder farming families in the Dry Zone districts, namely North-Central, North-Western and Eastern Provinces, with a focus on women’s economic empowerment and adoption of green agricultural technologies.

Funded by the Japanese Supplementary Budget (JSB) and working together with the Government of Sri Lanka and relevant stakeholders, the intervention aims to achieve its objectives through two projects; the first focusing on diversifying livelihoods and introduce entrepreneurship programmes, targeting women-led MSMEs. The second aims to strengthen energy and food security, through the revival of the rural agricultural economy by providing access to innovative markets, value and supply chain improvements along with the adoption of modern, green agricultural technologies which will increase productivity and efficiency.

A total of 58,000 women and youth will directly benefit from these projects, while indirectly impacting over 132,000 vulnerable community members from the North-Central, North-Western and Eastern Provinces of Sri Lanka.

To mark the beginning of these projects and to recognize the Government of Japan’s support to the interventions, a launch event was held today with the participation of Prime Minister Dinesh Gunawardena, Mr. Mizukoshi Hideaki – Ambassador of Japan to Sri Lanka, Ms. Azusa Kubota – UNDP Sri Lanka Resident Representative, Mr. Tetsuya Yamada – Chief Representative of JICA in Sri Lanka, Agriculture minister Mahinda Amaraweera, Minister of Power and Energy – Kanchana Wijesekera, senior government officials and development partners.

Gracing the occasion, Prime Minister stated, “Government of Sri Lanka appreciates the continuous support extended by the Government of Japan and the United Nations Development Programme towards country’s efforts to recover from the socioeconomic crisis. We believe this is a significant step towards creating a food and energy secure Sri Lanka, both vital sectors to the fabric of the country’s economy.”

Highlighting Japan’s commitment to the people of Sri Lanka in crisis recovery efforts, Ambassador Mizukoshi, Ambassador of Japan to Sri Lanka stated, “Japan has been working together with the Government of Sri Lanka and relevant UN agencies for economic and social empowerment of women in Sri Lanka, including the formulation of National Action Plan for Women, Peace and Security. These new projects will provide for practical means to uplift lives of vulnerable communities. Especially, we recognize the special needs of women-headed household in conflict-affected areas. It is a great opportunity to create positive synergy with UNDP’s expertise and JICA’s technical assistance for supporting livelihood and vulnerable communities.”

Commenting on the role of UNDP in bringing together stakeholders and facilitating such processes in times of need, Ms. Azusa Kubota, Resident Representative, UNDP in Sri Lanka stated, “these are times when multiple-solutions through multiple-partnerships are required because we are faced with compounding and complex challenges. I am grateful for the commitments demonstrated by a wide range of actors present today. We must join hands to address the needs of the most vulnerable and affected segments of the society – particularly women-headed households. And investing in them will have visible, long-term benefits for the families and communities”