Addendum 2 (7) 22-12.2008 E.Pub

Addendum 2 (7) 22-12.2008 E.Pub

( ) [ Sixth Parliament - Third Session ] No. 2 (7).] ADDENDUM TO THE ORDER BOOK No. 2 OF PARLIAMENT Issued on Monday, December 22, 2008 NOTICE OF MOTIONS FOR WHICH NO DAYS HAVE BEEN FIXED P.45/’08 Hon. Ranil Wickremasinghe, Hon. Tissa Attanayake, Hon. Gamini Jayawickrama Perera, Hon. (Mrs.) Renuka Herath, Hon. John Amaratunga, Hon. Ravi Karunanayake, Hon. M. Joseph Michael Perera, Hon. Dayasiri Jayasekara,— No Confidence in the Government,— Whereas the Government through a highly suspicious Hedging Agreement entered into by the Ceylon Petroleum Corporation with several Banks, both foreign and local, contrary to all financial regulations of the Government and thoroughly disadvantagous to Sri Lanka; And whereas the said Hedging Agreement had been entered into on the specific advice and a subsequent presentation by the Governor of the Central Bank; And whereas contradictory statements have been made by the Ceylon Petroleum Corporation, the Ministry of Petroleum and Petroleum Resources Development, the Ministry of Finance, the Minister of Export Development and International Trade and the Central Bank about the sequence of events that had preceded the signing of the Agreement; And whereas Sri Lanka has incurred a massive foreign debt totaling US Dollars 25 billion to the banks; And whereas the country has been deprived of enjoying the benefits of drastically declining oil prices in the world market; It is resolved that the manner in which the Hedging Agreement was entered into demonstrates the inability of the Government to prudently manage the financial affairs of the country and therefore this House has no confidence in the Government. ————————————————————————————————— .

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    2 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us