Fonseka forms new party

General Sarath Fonseka has submitted an application to Elections Commissioner Dayananda Dissanayaka seeking to form his own party under the name ‘Democratic People’s Alliance with Tiran Alles as the General Secretary.

The new party will be part of the Democratic National Alliance (DNA) headed by General Fonseka which also includes the JVP.

Currently Fonseka does not have his own political party although he heads the Alliance. (Daily Mirror online)

Budget proposals for 2010

The 2010 Budget revenue has been estimated at Rs. 817.8 billion and expenditure at Rs.1279.8 billion. The tax revenue is Rs. 729 billion while the non tax revenue is Rs.88.8 billion

BUDGET SPEECH:

1. Honourable Speaker, it is with great honour that I present to this House the Budget for
2010 under the astute leadership of His Excellency the President Mahinda Rajapaksa.

2. At the very outset, it is my fervent duty to thank the people of this country who gave a
resounding mandate to His Excellency the President at the Presidential Election
concluded in January 2010 and the United People’s Freedom Alliance (UPFA) at the
General Election concluded in April 2010. The landslide victory at both elections is a clear
endorsement of policies pursued by the government since 2005 under the leadership of
His Excellency the President. Almost two thirds of our voting population placed
confidence in the bold leadership of His Excellency the President in the successful
elimination of LTTE terrorism and restoring peace. The mandate from the two elections
was also an expression of whole‐hearted support to the ‘Mahinda Chintana Vision
for the
Future’ ‐ the election Manifesto of the President which promised to transform Sri Lanka
into the ‘Emerging Wonder of Asia’.

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