First UPFA Cabinet meeting to be held on May 5

[TamilNet, Saturday, 01 May 2010, 15:17 GMT]
The first Cabinet meeting of the new United Peoples Freedom Alliance (UPFA) government that came to power following April 8 general election is to be held on Wednesday (May 5). The first parliamentary group meeting of the ruling UPFA was scheduled to be held on Saturday, UPFA sources said.

Meanwhile the Sri Lankan President Mahinda Rajapaksa in his capacity as the Finance Minister has directed the Treasury Secretary to release funds for the ministries for the next three months to carry out their work following the lapse of the Vote-on-Account on April 30.

The SL constitution gives power to the president to allocate funds from the Treasury until a Budget is presented in parliament and approved.

A mini-Budget from July to December this year is under preparation and will be presented in parliament in due course, according to a senior minister Nimal Siripala de Silva to media.


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