SPOTLIGHT

By Frederica Jansz  

As the unexpected but titillating scenario arose, blossoming into a full scale tug of war between President Chandrika Kumaratunga and her new partners, the Janatha Vimukthi Peramuna (JVP) for a portfolio that would include the Mahaweli Authority, what has emerged is that the battle is for an empire of magnificent worth. Hence, the fight.

The People's Alliance (PA) part of the new government has finally realised the extensive wealth contained within the Mahaweli Authority. A reminder that unfortunately, for the party, had to be made via the...

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Propping up Treasury coffers
- a daunting task for govt.

By Ann Nicholas  

The latest fertiliser subsidy announced by the UPFA, effective from May 1, is to drain the Treasury by an additional Rs. 1 billion per annum.

Riding on the farmers' outcry requesting to bring down the cost of urea to Rs. 500, the UPFA in its election campaign promised the farmers that it would be brought down to Rs. 350.

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