The monks contend that Sri Lanka’s existing penal code already contains sufficient safeguards to deal with abuse, and that new legislation is unnecessary and overly idealistic.
Japan’s grant for dairy development is designed to empower smallholder farmers, who form the backbone of the country’s dairy production. The funding will go towards modernising farming practices, improving milk quality and safety, and introducing sustainable methods to make dairy farming more profitable and resilient.
The move comes amid growing criticism over delays in fulfilling the administration’s ambitious anti-corruption and economic promises made during last year’s presidential campaign.
The crisis is not only ecological but cultural, symbolizing the collapse of protection strategies and the fragility of coexistence in a land where these pachyderms once roamed freely.
Under the project’s terms, each investor is required to make a minimum capital investment of USD 5 million and deposit a USD 2 million bond with the Central Bank of Sri Lanka as a performance guarantee.
The initiative, spearheaded by Prime Minister and Minister of Education Dr. Harini Amarasuriya, aims to overhaul the country’s education system to meet the demands of a rapidly evolving global landscape.
Sri Lanka’s police force is facing an unprecedented leadership crisis following the dismissal of its second-highest-ranking officer and the looming impeachment of its Inspector-General.
A core feature of the initiative includes $40 million in World Bank Group guarantees in the first phase. This will help reduce risks for private investors and energy producers.