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Home Business & Finance Economic Policies

Sri Lanka rupee opens stronger at 290.35/40 to dollar, bonds down todayheadline

December 5, 2024
in Economic Policies
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ECONOMYNEXT – Only a few Sri Lankan candidates and political groups have submitted their income and expenditures related to the recently concluded parliament election campaign with only two days remaining before the deadline, the island nation’s Election Commission data showed.

The Election Commission has set deadline to submit the income and expenditure reports for Friday, December 06, 2024.

The Election Commission said in terms the Regulation of Election Expenditure Act enacted last year, failure to submit election expenditure reports on or before 12:00 midnight on December 06, 2024 “constitutes an offence and action will be taken in accordance with the law”.

Out of the total 8,361 candidates, around 24 percent or 1,985 have submitted their reports to the Election Commission as at 3 pm on Tuesday (03), the Commission said in a statement.

Out of a total 690 political parties and independent groups, only 15.4 percent (106) and out of 527 named national list members, only 10.8 percent (57) have so far submitted their reports, the EC said.

The Regulation of Election Expenditure Act is effective for the first time in Sri Lanka for a Parliament poll. (Colombo/December 04/2024)


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