NEC announces rise in security deposits required from candidates

Date:

Colombo (LNW): The National Election Commission is set to raise the security deposit required from all election candidates.

This move is aimed at dissuading an excessive number of candidates from applying, said Election Commission Chief L.M.A.R Ratnayake.

He further suggested that this increase could help decrease overall election costs.

The proposal is currently awaiting approval from both the Attorney General’s Department and Parliament.

Share post:

spot_imgspot_img

Popular

More like this
Related

LB Finance Secures $45 Million to Boost MSME Lending

LB Finance Secures $45 Million to Boost MSME Lending

Modern Cranes, Maritime Gains: SAGT’s Role in Sri Lanka’s Port Revival

Modern Cranes, Maritime Gains: SAGT’s Role in Sri Lanka’s Port Revival

Finance Companies Surge as Lending Boom Reshapes Credit Landscape

Finance Companies Surge as Lending Boom Reshapes Credit Landscape

Economic Centre Shake-Up Sparks Trader Revolt, Policy Scrutiny

Economic Centre Shake-Up Sparks Trader Revolt, Policy Scrutiny